Fund houses have developed in-house models to decide the allocation to equity and debt. Most fund houses use a pro-cyclical mode which buys more equity when valuations are lower.
Nvidia surpassed sales expectations due to AI chip stockpiling before new U.S. export restrictions to China. However, these restrictions are projected to cut $8 billion
American stock futures saw a rise. The dollar’s value increased after a US court blocked Donald Trump’s global tariffs. The court considered the tariffs illegal.
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