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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.
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News and Media
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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News and Media
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.
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News and Media
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.
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News and Media
SEBI revamped technical glitch norms for brokers, easing compliance by limiting applicability to firms with over 10,000 clients, simplifying reporting, granting exemptions, and rationalising penalties, offering relief to smaller brokers while maintaining technology, risk management and market integrity standards nationwide.
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News and Media
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