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Asian equities displayed mixed performance following Wall Street's rally, fueled by hopes of Federal Reserve rate cuts after a drop in producer prices. US futures saw slight gains as the S&P 500 reached a new record.
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IT stocks surged following positive comments from Donald Trump regarding US-India trade negotiations, easing concerns about potential tariffs. Optimism surrounding a possible US Federal Reserve rate cut and Infosys' share buyback further fueled the rally. Investors are anticipating more buybacks from other IT companies, contributing to the sector's positive momentum.
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News and Media
Cracker Barrel said its suspending remodels of its restaurants after criticism from many longtime fans.
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News and Media
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