Major stock indexes declined on Friday, led by a tech selloff triggered by Dell’s disappointing AI server costs. U.S. inflation data aligned with expectations, bolstering hopes for Federal Reserve interest rate cuts in September, influencing currency and treasury markets. European shares also fell, while investors await upcoming U.S. jobs data and monitor developments regarding a Fed Governor’s job security.
Credit card issuance hits strongest pace in more than two years
The additions were led, once again, by the country’s largest issuers. HDFC Bank topped the list, adding 163,000 net new credit cards and edging past
July 27, 2026