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.
BSE shares jump 3% on plans to launch new monthly index options, revamp Bankex
BSE shares witnessed an uptick on Monday after an ET report suggested that the exchange plans to launch new monthly index option products and revamp