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Powell's speech at Jackson Hole will set the tone for policy through the rest of this year. BofA says the speech will drive big swings in these stocks.
Nvidia has grown, swelling to a $4 trillion valuation last month, so has its weighting in the S&P 500. It now makes up almost 8 per cent of the index.
U.S. stocks are falling again, this time after the country’s largest retailer reported profits that came up short of Wall Street’s expectations.
The GIFT Nifty indicated another optimistic trading session ahead on Thursday as the index climbed nearly 50 points and reached 25,131, around 9:03 AM.
Disappointing earnings reports and weak labour data on Thursday pave the way towards Fed Chair Jerome Powell's Friday speech ...