Two new spots, Ancho & Agave and Tollywood Lounge, are joining south Naperville's dining scene Monday. Here's what you need to know before grabbing a table.
A total of 11 BSE 200 stocks including Samvardhana Motherson, Adani Energy Solutions and HAL gained for five straight sessions as Sensex rallied 1.5% in five days.
American Treasury yields saw an increase on Friday. This happened even after weak economic data hinted at possible policy easing. The 10-year note yield hovered around 4%. Investors are awaiting retail sales data. The Federal Reserve meeting is scheduled next week. Markets anticipate a rate cut. The Fed's future guidance remains uncertain.
Gold prices are soaring, nearing record highs, fueled by expectations of a Federal Reserve rate cut amid a weakening U.S. labor market. Spot gold reached $3,649.54 per ounce, boosted by recent jobless claims data. UBS analysts predict a rise to $3,900/oz by mid-next year. Silver, platinum, and palladium also saw gains, with silver hitting a 14-year high.
Oil prices experienced a surge following a Ukrainian drone strike that halted loadings at a key Russian port. However, concerns about U.S. demand, fueled by a revised jobs report and rising inflation, limited gains. While attacks on Russian energy infrastructure could curb exports, potential tariffs on India and China, along with increased global supply, added to market uncertainty.
European shares closed the week mostly higher. Investors were cautious about France's credit rating. Healthcare stocks saw losses, with Novartis and Zealand Pharma declining. Aerospace and defence stocks rose due to geopolitical tensions. Banks rebounded after a weak period. French stocks outperformed despite political concerns. Ocado shares fell after Kroger's review of warehouse investments.
Donald Trump will visit Britain next week. The British royals will use their influence during the visit. They aim to positively influence the US President. King Charles had offered Trump a second state visit. Prince William and Kate will greet Trump. There will be a carriage procession and a state banquet. The British government hopes to strengthen ties with Washington.
South Korean workers returned home after being detained in the US. They described a raid at a car battery plant in Georgia. US authorities arrested workers on visa issues. Detainees reported poor conditions. Families expressed relief and anger. Some fear career repercussions. The incident strained relations between South Korea and the US.
