Wall Street Week Ahead: Red Sea tensions put focus on struggling U.S. energy stocks

January 13, 2024

The energy sector has slumped nearly 3% since late October, a period during which the S&P 500 has surged 16%. The benchmark index rose 24% for all of 2023, while energy fell 4.8%, the second-largest drop last year among S&P 500 sectors.

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Deven Choksey bullish on 3 sectors for long-term portfolio play

Deven Choksey of DRChoksey FinServ Pvt. Ltd. notes market volatility around expiry days and corporate result announcements, creating opportunities in fundamentally strong companies. He expresses

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US debt crisis fuels de-dollarisation talk; may boost emerging markets: Puneet Pal

The growing U.S. debt and fiscal deficits are sparking de-dollarisation conversations, potentially benefiting emerging markets like India. While immediate outflows from U.S. bonds are limited,

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