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2026-01-10 05:03:37| The Economic Times

In December, mutual fund investors took a gold and silver plunge, ramping up their stakes in precious metal funds. Meanwhile, equity and fixed-income investments cooled off, indicating a cautious approach in the market. Additionally, multi-asset allocation funds attracted more capital, underscoring a trend towards safer investment choices as investors hedge against uncertainty.


Category: News and Media

 

2026-01-10 04:58:55| The Economic Times

U.S. stocks reached record highs Friday following a mixed jobs report. While hiring slowed, the unemployment rate improved, suggesting a stable job market that might delay but not eliminate Federal Reserve interest rate cuts. Energy and housing sectors saw significant gains, while General Motors faced a substantial hit due to its EV pullback.


Category: News and Media

 

2026-01-10 04:46:41| The Economic Times

Walmart is set to join the prestigious Nasdaq-100 Index. The retail giant will replace British drugmaker AstraZeneca. This move takes effect on January 20. Walmart is also joining the Nasdaq-100 Equal Weighted Index and the Nasdaq-100 Ex-Tech Sector Index. Companies often switch exchanges for better alignment with investor bases and services. The Nasdaq-100 is known for including top non-financial companies.


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2026-01-09 15:46:29| The Economic Times

Iran's Supreme Leader vowed a crackdown on protesters, dismissing U.S. President Trump's support as the death toll climbed to at least 50. State media labeled demonstrators "terrorists," setting the stage for a violent response. The judiciary chief promised "decisive" punishment for those involved in the unrest.


Category: News and Media

 

2026-01-09 15:13:52| The Economic Times

Iran experienced a nationwide internet blackout on Thursday amidst widespread protests against dire economic conditions. Internet monitoring groups reported a near-total shutdown, a tactic previously used by the government during crises to quell dissent and limit information flow. Experts believe this shutdown aims to sever protesters' communication and suppress coverage of the ongoing demonstrations.


Category: News and Media

 

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