United States stock market took a break after a two-day increase. Investors kept an eye on the Israel-Iran situation and Jerome Powell’s statements. Tech stocks helped Nasdaq. S&P 500 remained close to its record high. Dow experienced a decline. Nvidia reached a record high value. Housing data showed a decrease in new home sales. Tesla shares went down.
MSCI rebalancing on Monday: Adani Energy, Groww set for big inflows; RIL, Jio Financial may face outflows
MSCI’s latest rebalancing is set to drive heightened trading activity in several Indian stocks on Monday, with revised weights taking effect from September 1. The