Asian stocks opened higher, mirroring a volatile but ultimately positive close for US equities. Investors are navigating renewed US-China trade tensions, with President Trump declaring a trade war. Despite this, dip buyers are supporting market sentiment, keeping it firm.
Manappuram Finance, Muthoot Finance, other gold financier stocks drop up to 3%. Here’s why
Shares of gold financiers declined as a sharp fall in gold prices and a stronger US dollar weighed on sentiment. Expectations of further US Federal