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Wall Street is on track to open with losses Tuesday as the initial euphoria over the 90-day truce in the U.S.-China trade war faded and markets turned their attention to corporate earnings and new inflation data.
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Inflation cooled for the third straight month in April even after some of President Donald Trumps tariffs took effect, though economists and many business owners expect inflation will climb in the coming months.
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Larsen & Toubro shares rose 8% in three sessions after reporting record FY25 order inflow and a 24% YoY jump in Q4 orders, largely from global markets. With improved margins expected and strong future pipeline guidance, analysts retain a 'Buy' rating.
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News and Media
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