Wall Street’s main indexes closed higher on Friday, securing a weekly gain fueled by FedEx’s strong earnings and positive sentiment in the technology sector. Optimism surrounding AI-linked stocks and the Fed’s anticipated rate cuts further boosted the market. However, concerns arose from a blocked funding bill and Lennar’s disappointing forecast, adding a layer of caution to the overall positive trend.
FPIs bet small on local debt, inflow pickup seen far away
April witnessed a slight inflow of foreign investments into Indian debt, but the atmosphere remains one of caution. Influences like escalating US and Japan interest