Thursday, March 26, 2020

Autos, financials among 7 sectors could see over 20% earnings downgrade: Jefferies

Autos, financials among 7 sectors could see over 20% earnings downgrade: Jefferies Sectors like FB, hotels, tourism, and retail trade (~12% of India#39;s GDP) sees a decline in the activity, said a Jefferies report.

from Moneycontrol Market Outlook https://ift.tt/2vQzza7

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US equities end lower as valuation concerns creep in

U.S. stocks closed lower on Wednesday as investors took profits amid concerns about high valuations flagged by Fed Chair Powell. The market ...