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Market move● Neutral for Indian equities
US stocks edge higher as AI optimism offsets oil and yield concerns
The brief
- AI optimism offset worries over higher oil prices and rising Treasury yields
- US stocks futures ease amid volatile crude oil prices
- Bitcoin, Nasdaq futures decline as Trump won’t rule out more Iran strikes
- Indian executives are gaining clout in US corporate boardrooms
- Stock Market Today: All You Need To Know Before Going Into Trade On Sept 28
- A record 16 Indian men join S&P 500 boards this year
Rising US Treasury yields and market pressure
US Treasury yields climbed amid sticky inflation, heavy bond issuance and strong economic activity, with the 30-year yield topping 5.53% and the 10-year reaching a 19-year high. Reports warned of pressure on US stocks and investor confidence and capital inflows in India; the Sensex earnings yield minus the US 10-year yield turned negative, its lowest in 14 months.
Friday, 25 September
- US stocks edge higher as AI optimism offsets oil and yield concerns