Sunday, April 26, 2020

Franklin Templeton fund closure: MFs reach out to RBI, SEBI

Franklin Templeton fund closure: MFs reach out to RBI, SEBI Franklin Templeton Mutual Fund on Thursday said it was closing down six credit funds due to liquidity issues amid the coronavirus crisis, leading to fears of redemptions among the market players.

from Moneycontrol Business News https://ift.tt/2VZUGQi

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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 ...