Monday, June 29, 2020

Surge in equity markets not linked to economic recovery: SBI economists

Surge in equity markets not linked to economic recovery: SBI economists They also warned that banks will start reporting higher non-performing assets (NPAs) after September, once the six-month moratorium on loan repayment ends.

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

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S&P 500, Nasdaq end higher on Amazon-OpenAI deal; Fed path forward grows murky

Artificial intelligence deals propelled the S&P 500 and Nasdaq higher on Monday, with Amazon's $38 billion agreement with OpenAI and...