The S&P 500 and Nasdaq reached record highs, fueled by optimism for a U.S.-EU trade deal and strong earnings from companies like Deckers Outdoor. Intel’s disappointing forecast led to a stock decline, while investors await the Federal Reserve’s decision on interest rates amid trade concerns.
Rupee touches one-week high; RBI plans to ease dollar bids
The rupee hit a one-week high as expectations of RBI measures to curb oil refiners’ dollar demand boosted sentiment and eased pressure on the currency.