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 awaits key inflation data, while sectors showed mixed performance, with materials declining and energy rising. Company news included a surge for Lithium Americas and a drop for Micron Technology, influencing overall market sentiment.

from Economic Times https://ift.tt/qjwPYys

BSE shares jump 3% to break two-day losing streak amid Sebi board meet buzz

BSE shares experienced a surge, climbing as high as 2.7% following reports that Sebi's board meeting wouldn't address ending weekly F&O contract expiries. This news reversed an 8% stock decline triggered by speculation about a shift to monthly expiries. While Sebi considers longer-duration F&O contracts, any changes will involve industry consultation, aiming to balance market quality and hedging.

from Economic Times https://ift.tt/azxHAws

Nepal protests: A Nepali citizen shares the real reason why Gen Z is up in arms, and it’s not just about social media ban

Nepal Protests News: Protests in Nepal, initially sparked by a social media ban affecting platforms like Facebook and WhatsApp, have escalated, resulting in 18 deaths and over 200 injuries. While the government cites tax and registration issues, deeper frustrations over corruption, nepotism, economic inequality, and a jobs crisis are fueling the unrest.

from Economic Times https://ift.tt/6jdNpoi

How Xi Jinping just redrew world's geopolitical map

While US Treasury Secretary Scott Bessent dismissed the SCO summit, telling Fox News it was “largely performative,” to other observers Xi has pulled off a meaningful shift in the balance of diplomatic power.

from Economic Times https://ift.tt/ON9CItP