Story preview
Continue reading on the publisher site for the full article.
Read on publisher →Morningstar
News Atlas is free and independent. If it’s useful to you, you can support it with a coffee. ☕ Buy me a coffee
Coverage
Tone
Outlets covering it
8
in the last 3 days
First reported
39 hr. ago
7 outlets since
Countries
7 other outlets reported this story in the last 3 days.
The BSE Sensex tanked 1,039 points from day's high of 72,884 to a low of 71,845, with Nifty now quoting 140 points, or 0.63 per cent, lower at 22,379.60.
South Korea went from the world's hottest stock market to its coldest, while Taiwan emerged as the AI trade's new favorite.
Markets now price a 90% chance of a 25 bps Fed rate hike, the first since 2023. Historical data shows S&P 500 averages 6.7% return one year post-hike. AI investment drives demand for semiconductors and data centers, supporting profits. Household debt-service ratios remain manageable at 5.29% of disposable income. LPL…