“Investing in U.S. stocks can be rewarding for Indian investors, but it’s essential to consider currency fluctuations. When the rupee weakens against the U.S. dollar, your U.S. investments are worth more in rupee terms, potentially boosting your returns,” says Ashish Kashyap, the Founder & CEO of INDmoney. In an interview with ETMarkets, Kashyap said: “When … Read more
NEW YORK: U.S. stocks finished higher on Friday after a strong jobs report reinforced the view that the economy remains healthy even as it suggested the Federal Reserve could delay cutting interest rates. All major S&P 500 sectors advanced, with communication services, industrials and technology the top gainers. U.S. Labor Department data showed employers hired … Read more
NEW YORK: U.S. stocks fell on Friday, led by technology-related megacaps that have propelled this year’s rally, while investors weighed the interest rate outlook ahead of next week’s Federal Reserve meeting. Traders have reined in bets of a June rate cut by the Fed after this week’s hotter-than-expected inflation data. Shares of Adobe dropped 13.7%, … Read more