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Market move● Neutral for Indian equities
A Tech-Fueled Stock Market Powers Through, but Limps Into the Fourth Quarter
The brief
- Nasdaq and S&P 500 are on pace for double-digit gains for a fourth straight year
- That would be their first such run since the late 1990s
- US equity momentum and rising rates can influence foreign flows into Indian stocks
- Bonds set for bruising September; stocks fare better
- Wall Street’s Hopes for a Blockbuster IPO Season Are Starting to Fade
- COMMENTARY: Trading Day: Stocks still in bonds' grip
- Oura delays US IPO, adding to fall market jitters
- No respite after Monday blues: Sensex slumps 568 points, Nifty below 22,650; what’s dragging the market?