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Call it the tale of two markets. On one side, heavyweight Reliance Industries Indias most valued stock roared 9% higher, buoyed by a Q4 earnings glow and a fresh wave of FII love.
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News and Media
The Federal Reserve meeting will assess the recent stock market recovery. Investors hope for interest rate cuts. Stocks recovered after President Trump's tariffs caused a slump. The Fed is expected to hold rates steady. Market anticipates potential rate cuts. Trump's tariffs and White House pressure influence the Fed's decisions. Corporate earnings have exceeded expectations.
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The U.S. economy added 177,000 jobs in April, exceeding expectations, while the unemployment rate held steady at 4.2%. The data helped to assuage concerns of a economic slowdown following a Commerce Department report, showing a contraction in U.S. gross domestic product for the first time in three years, weighed down by a tariff-induced flood of imports.
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