Asian markets and US futures climbed Thursday amid growing anticipation that the Federal Reserve will soon lower interest rates. The yen strengthened, leading to a drop in Japanese stocks. The US 10-year yield dipped to 4.03%, fueled by geopolitical events between Iran and Israel, and a shift in Fed policymakers’ stance.
Positive Breakout: These 9 stocks cross above their 200 DMAs
In the Nifty500 pack, nine stocks’ close prices crossed above their 200 DMA (Daily Moving Averages) on July 21, according to stockedge.com’s technical scan data.