@t.me/MonePlan : Morning Stock Markets & Investment Updates with MonePlan :
Brokerages Views on Various Sectors & Stocks | QSR Sector ๐ข (Positive Outlook)
๐๐ฟ Demand remains subdued across industry, with delivery continuing to outperform dine-in, cut EPS estimates by 7-23% given a delayed recovery: Macquarie on QSR
๐๐ฟ Prefer Devyani/Sapphire, Westlife, Jubilant | Macquarie on India Restaurants
Brokerages Views on Various Sectors & Stocks | QSR Sector ๐ข (Positive Outlook)
๐๐ฟ Demand remains subdued across industry, with delivery continuing to outperform dine-in, cut EPS estimates by 7-23% given a delayed recovery: Macquarie on QSR
๐๐ฟ Prefer Devyani/Sapphire, Westlife, Jubilant | Macquarie on India Restaurants
@t.me/MonePlan : Morning Stock Markets & Investment Updates with MonePlan :
Brokerages Views on Various Sectors & Stocks | Dr Reddy Ltd. ๐ข (Positive Outlook)
๐๐ฟ Citi maintains 'Sell' on Dr Reddy with Price Target of โน 990.
Brokerages Views on Various Sectors & Stocks | Dr Reddy Ltd. ๐ข (Positive Outlook)
๐๐ฟ Citi maintains 'Sell' on Dr Reddy with Price Target of โน 990.
@t.me/MonePlan : Morning Stock Markets & Investment Updates with MonePlan :
Brokerages Views on Various Sectors & Stocks | Indian GDP ๐ข (Positive Outlook)
๐๐ฟ Nomura on India GDP | Advance estimates confirm GDP growth moderated in H2 due to softer consumption.
Brokerages Views on Various Sectors & Stocks | Indian GDP ๐ข (Positive Outlook)
๐๐ฟ Nomura on India GDP | Advance estimates confirm GDP growth moderated in H2 due to softer consumption.
@t.me/MonePlan : Morning Stock Markets & Investment Updates with MonePlan :
Brokerages Views on Various Sectors & Stocks | TATA Steel Ltd. ๐ข (Positive Outlook)
๐๐ฟ HSBC maintains 'Buy' on Tata Steel with Price Target of โน 215.
Brokerages Views on Various Sectors & Stocks | TATA Steel Ltd. ๐ข (Positive Outlook)
๐๐ฟ HSBC maintains 'Buy' on Tata Steel with Price Target of โน 215.
@t.me/MonePlan : Morning Stock Markets & Investment Updates with MonePlan :
Brokerages Views on Various Sectors & Stocks | Banks ๐ข (Positive Outlook)
๐๐ฟ BofA on Banks | Earnings drivers โ pick up in growth; broadly stable NIM.
Brokerages Views on Various Sectors & Stocks | Banks ๐ข (Positive Outlook)
๐๐ฟ BofA on Banks | Earnings drivers โ pick up in growth; broadly stable NIM.
@t.me/MonePlan : Morning Stock Markets & Investment Updates with MonePlan :
Dec-2026 Business Updates | AngelOne
โช๏ธGross Client Acquisition Up 35.3% MoM & Down 12.8% YoY at 0.68 m
โช๏ธClient Base Up 1.8% MoM & Up 21% YoY at 35.71 m
โช๏ธNumber of Orders Up 10% MoM & Up 8% YoY at 129.01 m
โช๏ธAvg Daily Orders Down 5% MoM & Up 3.1% YoY at 5.86 m
Dec-2026 Business Updates | AngelOne
โช๏ธGross Client Acquisition Up 35.3% MoM & Down 12.8% YoY at 0.68 m
โช๏ธClient Base Up 1.8% MoM & Up 21% YoY at 35.71 m
โช๏ธNumber of Orders Up 10% MoM & Up 8% YoY at 129.01 m
โช๏ธAvg Daily Orders Down 5% MoM & Up 3.1% YoY at 5.86 m
@t.me/MonePlan : Morning Stock Markets & Investment Updates with MonePlan :
Brokerages Views on Various Sectors & Stocks | Infoedge Ltd. ๐ข (Positive Outlook)
๐๐ฟ CITI on Infoedge | Sell View retained
Brokerages Views on Various Sectors & Stocks | Infoedge Ltd. ๐ข (Positive Outlook)
๐๐ฟ CITI on Infoedge | Sell View retained
@t.me/MonePlan : Morning Stock Markets & Investment Updates with MonePlan :
Brokerages Views on Various Sectors & Stocks | Pharma Sector ๐ข (Positive Outlook)
๐๐ฟ Morgan Stanley on Pharma | Maintain over weight on Sun Pharma, equal weight on Dr. Reddyโs, under weight on Cipla
Brokerages Views on Various Sectors & Stocks | Pharma Sector ๐ข (Positive Outlook)
๐๐ฟ Morgan Stanley on Pharma | Maintain over weight on Sun Pharma, equal weight on Dr. Reddyโs, under weight on Cipla
@t.me/MonePlan : Morning Stock Markets & Investment Updates with MonePlan :
Brokerages Views on Various Sectors & Stocks | Insurance Sector ๐ข (Positive Outlook)
๐๐ฟ CITI on India Insurance | Industry premium growth (ex-crop) stayed robust at mid-teens, supported by motor insurance & fresh retail health.
Brokerages Views on Various Sectors & Stocks | Insurance Sector ๐ข (Positive Outlook)
๐๐ฟ CITI on India Insurance | Industry premium growth (ex-crop) stayed robust at mid-teens, supported by motor insurance & fresh retail health.
@t.me/MonePlan : Morning Stock Markets & Investment Updates with MonePlan :
Brokerages Views on Various Sectors & Stocks | ICICI Lombard General Insurance Ltd. ๐ข (Positive Outlook)
๐๐ฟ CITI on ICICI Lombard General Insurance | Competitive pressure remains high.
Brokerages Views on Various Sectors & Stocks | ICICI Lombard General Insurance Ltd. ๐ข (Positive Outlook)
๐๐ฟ CITI on ICICI Lombard General Insurance | Competitive pressure remains high.
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Updates from MonePlan Investory Team
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Updates from MonePlan Investory Team
@t.me/MonePlan : Stock Markets & Investment Updates with MonePlan :
News in Focus | 500% US tariff on India? Gokaldas Exports, Avanti Feeds, other export-oriented shares tumble up to 13%
๐๐ฟ The shares of export-oriented textile and shrimp stocks tumbled in trade on January 8 after US President Donald Trump approved moving forward with a bipartisan sanctions bill that proposes a whopping 500% tariff on countries continuing to do business with Russia, including India.
๐๐ฟ The shares of these export-oriented stocks have seen significant volatility recently, since Trump took office & hiked tariffs on Indian imports to 50%, citing New Delhi's purchase of Russia oil.
Textile & Shrimp stocks
๐๐ฟ Gokaldas Exports shares crashed nearly 13% to trade at โน 596.65 apiece.
๐๐ฟ Revenue from U.S. accounts for more 60% of the overall revenue for the Company, whose shares fell more than 34% in 2025 amid Trump's tariff flipflops.
๐๐ฟ K.P.R. Mill shares fell more than 2%.
๐๐ฟ Pearl Global Industries shares meanwhile dropped around 6%.
๐๐ฟ Apex Frozen Foods shares fell more than 6%, while Avanti Feeds shares dropped nearly 7%. The shares of these export-oriented Companies significantly declined as they derive a significant portion of their revenue from the American market.
News in Focus | 500% US tariff on India? Gokaldas Exports, Avanti Feeds, other export-oriented shares tumble up to 13%
๐๐ฟ The shares of export-oriented textile and shrimp stocks tumbled in trade on January 8 after US President Donald Trump approved moving forward with a bipartisan sanctions bill that proposes a whopping 500% tariff on countries continuing to do business with Russia, including India.
๐๐ฟ The shares of these export-oriented stocks have seen significant volatility recently, since Trump took office & hiked tariffs on Indian imports to 50%, citing New Delhi's purchase of Russia oil.
Textile & Shrimp stocks
๐๐ฟ Gokaldas Exports shares crashed nearly 13% to trade at โน 596.65 apiece.
๐๐ฟ Revenue from U.S. accounts for more 60% of the overall revenue for the Company, whose shares fell more than 34% in 2025 amid Trump's tariff flipflops.
๐๐ฟ K.P.R. Mill shares fell more than 2%.
๐๐ฟ Pearl Global Industries shares meanwhile dropped around 6%.
๐๐ฟ Apex Frozen Foods shares fell more than 6%, while Avanti Feeds shares dropped nearly 7%. The shares of these export-oriented Companies significantly declined as they derive a significant portion of their revenue from the American market.
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@t.me/MonePlan : Stock Markets & Investment Updates with MonePlan :
Stock in Focus & News | Lemon Tree Hotels | Warburg Pincus To Invest โน 960 Cr In Lemon Tree Arm Fleur Hotels
โช๏ธLemon Tree Hotels announces strategic reorganization & investment from Warburg Pincus in Fleur Hotels to unlock long-term shareholder value
โช๏ธWarburg Pincus will acquire APGโs entire 41.09% stake in Fleur & commit to invest up to โน 960 crore of primary capital to support the growth of Fleur
โช๏ธAlert: Fleur Hotels is a current subsidiary of Lemon Tree
โช๏ธPost Transaction, #Fleur Will Become A Separate Listed Entity
โช๏ธProcess Of Listing Of Fleur Expected To Be Completed In 12-15 Months
โช๏ธWarburg Pincus deal in Lemon Tree may trigger an open offer
โช๏ธAlert | Warburg Pincus was a significant investor in Lemon Tree & had exited it's stake by 2019.
Stock in Focus & News | Lemon Tree Hotels | Warburg Pincus To Invest โน 960 Cr In Lemon Tree Arm Fleur Hotels
โช๏ธLemon Tree Hotels announces strategic reorganization & investment from Warburg Pincus in Fleur Hotels to unlock long-term shareholder value
โช๏ธWarburg Pincus will acquire APGโs entire 41.09% stake in Fleur & commit to invest up to โน 960 crore of primary capital to support the growth of Fleur
โช๏ธAlert: Fleur Hotels is a current subsidiary of Lemon Tree
โช๏ธPost Transaction, #Fleur Will Become A Separate Listed Entity
โช๏ธProcess Of Listing Of Fleur Expected To Be Completed In 12-15 Months
โช๏ธWarburg Pincus deal in Lemon Tree may trigger an open offer
โช๏ธAlert | Warburg Pincus was a significant investor in Lemon Tree & had exited it's stake by 2019.
@t.me/MonePlan : Morning Stock Markets & Investment Updates with MonePlan :
"Financial Morning Thought to Start the Fresh New Trading Day"
"Financial Morning Thought to Start the Fresh New Trading Day"
S๐บ๐ฎ๐ฟ๐ ๐๐ป๐๐ฒ๐๐๐ถ๐ป๐ด ๐ฆ๐๐ฎ๐ฟ๐๐ ๐ก๐ผ๐ โ ๐ข๐ฝ๐ฒ๐ป ๐ฌ๐ผ๐๐ฟ ๐ง๐ฟ๐ฎ๐ฑ๐ถ๐ป๐ด ๐/๐ฐ ๐ง๐ผ๐ฑ๐ฎ๐!
Dear All | Stock markets are moving up & showing signs of recoveryโthis is the perfect time to start your trading account & invest at lower valuations for long-term gains.
Donโt miss this opportunity to position yourself ahead of the uptrend. Letโs get started today!
Contact us now to open your account & make the most of the market recovery.
Best Regards,
๐ฅ๐ฎ๐ท๐ฒ๐๐ต ๐ก๐ฎ๐ถ๐ฟ @ ๐ ๐ผ๐ป๐ฒ๐ฃ๐น๐ฎ๐ป ๐๐ป๐๐ฒ๐๐๐ผ๐ฟ๐
๐ ๐ผ๐ฏ. ๐ณ๐ฑ๐ฌ๐ฒ๐ฎ๐ฒ๐ฑ๐ฏ๐ฒ๐ฑ | ๐๐ ๐ฎ๐ถ๐น ๐ฟ๐ฎ๐ท๐ฒ๐๐ต๐ป๐ฎ๐ถ๐ฟ๐ณ๐ฎ@๐ด๐บ๐ฎ๐ถ๐น.๐ฐ๐ผ๐บ
Dear All | Stock markets are moving up & showing signs of recoveryโthis is the perfect time to start your trading account & invest at lower valuations for long-term gains.
Donโt miss this opportunity to position yourself ahead of the uptrend. Letโs get started today!
Contact us now to open your account & make the most of the market recovery.
Best Regards,
๐ฅ๐ฎ๐ท๐ฒ๐๐ต ๐ก๐ฎ๐ถ๐ฟ @ ๐ ๐ผ๐ป๐ฒ๐ฃ๐น๐ฎ๐ป ๐๐ป๐๐ฒ๐๐๐ผ๐ฟ๐
๐ ๐ผ๐ฏ. ๐ณ๐ฑ๐ฌ๐ฒ๐ฎ๐ฒ๐ฑ๐ฏ๐ฒ๐ฑ | ๐๐ ๐ฎ๐ถ๐น ๐ฟ๐ฎ๐ท๐ฒ๐๐ต๐ป๐ฎ๐ถ๐ฟ๐ณ๐ฎ@๐ด๐บ๐ฎ๐ถ๐น.๐ฐ๐ผ๐บ
@t.me/MonePlan : Morning Stock Markets & Investments Updates with MonePlan :
GIFT Nifty Morning Opening Updates | GIFT Nifty higher, trading at a premium of nearly 30 points to Nifty Futures Friday close, indicates a start in the green for the Indian market.
GIFT Nifty Morning Opening Updates | GIFT Nifty higher, trading at a premium of nearly 30 points to Nifty Futures Friday close, indicates a start in the green for the Indian market.
@t.me/MonePlan : Morning Stock Markets & Investments Updates with MonePlan :
FII's Vs DII's Daily Activity Track for 9th January 2026 | In Equities, FNO & Futures Segment
โ๏ธ On Friday, January 9, 2026 Foreign Portfolio Investors/Foreign Institutional Investors (FPI's/FII's) Net Sold Indian Equities worth โน3,769 Crore. Meanwhile, Domestic Institutional Investors (DII's) Net Bought Indian equities worth โน 5,596 Crore, as per data on the exchanges.
โ๏ธ During the session, FPI/FII's bought shares worth โน 11,093 Crore, while offloading โน 14,863 Crore. DII's net bought shares worth โน 18,481 Crore & sold shares worth โน 12,885 Crore.
โ๏ธ The month so far, has seen FII/FPI's net offload Indian Equities worth โน 11,783 Crore while DII's have bought โน 17,902 Crore.
โ๏ธ Selling was driven by delayed US-India trade agreement expectations, geopolitical concerns & negative commentary from US officials
โ๏ธ Despite strong DII buying of โน 17,900 Crore, market sentiments remained weak with Nifty declining 618 points during the week
FII's Vs DII's Daily Activity Track for 9th January 2026 | In Equities, FNO & Futures Segment
โ๏ธ On Friday, January 9, 2026 Foreign Portfolio Investors/Foreign Institutional Investors (FPI's/FII's) Net Sold Indian Equities worth โน3,769 Crore. Meanwhile, Domestic Institutional Investors (DII's) Net Bought Indian equities worth โน 5,596 Crore, as per data on the exchanges.
โ๏ธ During the session, FPI/FII's bought shares worth โน 11,093 Crore, while offloading โน 14,863 Crore. DII's net bought shares worth โน 18,481 Crore & sold shares worth โน 12,885 Crore.
โ๏ธ The month so far, has seen FII/FPI's net offload Indian Equities worth โน 11,783 Crore while DII's have bought โน 17,902 Crore.
โ๏ธ Selling was driven by delayed US-India trade agreement expectations, geopolitical concerns & negative commentary from US officials
โ๏ธ Despite strong DII buying of โน 17,900 Crore, market sentiments remained weak with Nifty declining 618 points during the week
@t.me/MonePlan : Morning Stock Markets & Investments Updates with MonePlan :
US Markets Closing Updates | ๐ฐ Positive Signals from Global Markets
๐บ๐ธ US markets continue to record a rally.
๐บ๐ธ The S&P 500 & Dow hit record closing highs on Friday.
๐บ๐ธ The Nasdaq reached a double century mark, reaching a 3-month high.
๐บ๐ธ The Nasdaq also closed up 190 points on Friday.
๐บ๐ธ The dollar index strengthened for a fourth day, reaching a 5-week high near 99.
๐บ๐ธ December non-farm payrolls fell below expectations, with the unemployment rate falling to 4.4%.
US Markets Closing Updates | ๐ฐ Positive Signals from Global Markets
๐บ๐ธ US markets continue to record a rally.
๐บ๐ธ The S&P 500 & Dow hit record closing highs on Friday.
๐บ๐ธ The Nasdaq reached a double century mark, reaching a 3-month high.
๐บ๐ธ The Nasdaq also closed up 190 points on Friday.
๐บ๐ธ The dollar index strengthened for a fourth day, reaching a 5-week high near 99.
๐บ๐ธ December non-farm payrolls fell below expectations, with the unemployment rate falling to 4.4%.
@t.me/MonePlan : Morning Stock Markets & Investment Updates with MonePlan :
Asian Markets Morning Opening Updates | Asian markets trade Higher in Morning Trade.
โช๏ธAsia-Pacific markets rose Monday following Wall Street gains from last week after a U.S. job report showed that unemployment rate fell, signaling resilience in the labor market.
โช๏ธInvestors will be keeping an eye on oil prices as Iran entered a third week of protests, which have seen more than 500 people killed, according to a U.S.-based rights group. President Donald Trump is reportedly weighing options for intervention in Iran, according to multiple reports Sunday.
โช๏ธAustraliaโs S&P/ASX 200 added 0.38%.
โช๏ธSouth Koreaโs Kospi climbed 1.11% & Small-cap Kosdaq advanced 0.96%.
โช๏ธShares of Hyundai Glovis soared as much as 8% after analysts raised their price target for the South Korean logistics company.
โช๏ธRobot-maker Boston Dynamics, in which Hyundai Glovis owns an 80% stake, announced a partnership with Google DeepMind last Monday to integrate AI into humanoid robots.
โช๏ธHong Kongโs Hang Seng Index & mainland Chinaโs CSI 300 opened slightly below the flatline.
โช๏ธJapanese markets were closed for a holiday. On Sunday, Japanese Prime Minister Sanae Takaichiโs coalition partner, Hirofumi Yoshimura, said that she may call an early general election. His comments come after domestic media reported that Takaichi was considering a snap election in February, citing government sources.
โช๏ธThe Japanese yen weakened sharply Monday, hitting a one-year low of 158.19 against the greenback.
Asian Markets Morning Opening Updates | Asian markets trade Higher in Morning Trade.
โช๏ธAsia-Pacific markets rose Monday following Wall Street gains from last week after a U.S. job report showed that unemployment rate fell, signaling resilience in the labor market.
โช๏ธInvestors will be keeping an eye on oil prices as Iran entered a third week of protests, which have seen more than 500 people killed, according to a U.S.-based rights group. President Donald Trump is reportedly weighing options for intervention in Iran, according to multiple reports Sunday.
โช๏ธAustraliaโs S&P/ASX 200 added 0.38%.
โช๏ธSouth Koreaโs Kospi climbed 1.11% & Small-cap Kosdaq advanced 0.96%.
โช๏ธShares of Hyundai Glovis soared as much as 8% after analysts raised their price target for the South Korean logistics company.
โช๏ธRobot-maker Boston Dynamics, in which Hyundai Glovis owns an 80% stake, announced a partnership with Google DeepMind last Monday to integrate AI into humanoid robots.
โช๏ธHong Kongโs Hang Seng Index & mainland Chinaโs CSI 300 opened slightly below the flatline.
โช๏ธJapanese markets were closed for a holiday. On Sunday, Japanese Prime Minister Sanae Takaichiโs coalition partner, Hirofumi Yoshimura, said that she may call an early general election. His comments come after domestic media reported that Takaichi was considering a snap election in February, citing government sources.
โช๏ธThe Japanese yen weakened sharply Monday, hitting a one-year low of 158.19 against the greenback.
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@t.me/MonePlan : Morning Stock Markets & Investment Updates with MonePlan :
U.S. Markets Closing Updates | S&P 500 ends Friday with another record close, scores a winning week
๐บ๐ธ Major stock indexes ended sharply highs Friday, with the Dow Jones Industrial Average & S&P 500 setting closing records, after the U.S. unemployment rate declined more than expected in December.
๐บ๐ธ The S&P 500 rose to new highs on Friday, notching a weekly gain, following the release of the latest jobs report.
๐บ๐ธ The broad market index closed up 0.65% to 6,966.28, a fresh record close. It also notched a new all-time intraday high in the session.
๐บ๐ธ The Nasdaq Composite gained 0.81% to 23,671.35. The Dow Jones Industrial Average added 237.96 points, or 0.48%, to end at 49,504.07, scoring a new closing record as well.
๐บ๐ธ The tech-heavy Nasdaq, benchmark S&P 500 & blue-chip Dow finished the day up 0.8%, 0.7%, & 0.5%, resp.
๐บ๐ธ For the week, Dow rose 2.3%, while Nasdaq added 1.9% & the S&P 500 tacked on 1.6%.
๐บ๐ธ The monthly jobs report from the Bureau of Labor Statistics revealed the U.S. economy added 50,000 nonfarm jobs in December, below the 73,000 expected & weaker than the revised figure of 56,000 jobs added in November. However, the unemployment rate ticked down to 4.4% from 4.6% the month before, lower than the expected 4.5% rate.
๐บ๐ธ The unemployment rate inched down to 4.4%, while economists had forecast 4.5%. Traders took that as a sign that improvement in the economy would happen soon.
๐บ๐ธ Considering the latest payrolls data alongside the JOLTS and ADP reports released this week, Anthony Saglimbene of Ameriprise Financial believes the consensus around the U.S. employment backdrop is that it has โsoftenedโ but is also โremaining firm.โ This reflects a โlow-hire, low-fireโ environment, he added.
๐บ๐ธ The December report was the first month of jobs figures unaffected by the record-setting U.S. Government shutdown. That stoppage posed data collection challenges for the Bureau of Labor Statistics with regards to October and November: The agency said that a full October jobs report wouldnโt be released, and the November report was delayed.
๐บ๐ธ The 10-year Treasury yield, which influences interest rates on a variety of commercial & consumer loans, was around 4.17% at 4 p.m. ET, little changed from Thursday's close.
๐บ๐ธ The U.S. Supreme Court did not decide on the legality of Trump's use of emergency powers to impose tariffs on Friday, which had been a possibility. When it does issue a decision, it could back the "Liberation Day" levies announced in April or go as far as to deem them illegal & roll them back. A ruling could bring clarity to trade policy that has been muddled for nearly a year & which, when first announced, shocked markets that have since recovered.
๐บ๐ธ West Texas Intermediate futures, the U.S. Crude Oil benchmark, were up 1.8% to $58.80 a barrel as oil executives met President Trump about doing business in Venezuela, while gold futures advanced 1.3% to $4,515 an ounce.
๐บ๐ธ Bitcoin was trading around $90,200, little changed on the day. The U.S. dollar index, which tracks the value of the greenback against a basket of foreign currencies, was 0.2% higher at 99.13.
U.S. Markets Closing Updates | S&P 500 ends Friday with another record close, scores a winning week
๐บ๐ธ Major stock indexes ended sharply highs Friday, with the Dow Jones Industrial Average & S&P 500 setting closing records, after the U.S. unemployment rate declined more than expected in December.
๐บ๐ธ The S&P 500 rose to new highs on Friday, notching a weekly gain, following the release of the latest jobs report.
๐บ๐ธ The broad market index closed up 0.65% to 6,966.28, a fresh record close. It also notched a new all-time intraday high in the session.
๐บ๐ธ The Nasdaq Composite gained 0.81% to 23,671.35. The Dow Jones Industrial Average added 237.96 points, or 0.48%, to end at 49,504.07, scoring a new closing record as well.
๐บ๐ธ The tech-heavy Nasdaq, benchmark S&P 500 & blue-chip Dow finished the day up 0.8%, 0.7%, & 0.5%, resp.
๐บ๐ธ For the week, Dow rose 2.3%, while Nasdaq added 1.9% & the S&P 500 tacked on 1.6%.
๐บ๐ธ The monthly jobs report from the Bureau of Labor Statistics revealed the U.S. economy added 50,000 nonfarm jobs in December, below the 73,000 expected & weaker than the revised figure of 56,000 jobs added in November. However, the unemployment rate ticked down to 4.4% from 4.6% the month before, lower than the expected 4.5% rate.
๐บ๐ธ The unemployment rate inched down to 4.4%, while economists had forecast 4.5%. Traders took that as a sign that improvement in the economy would happen soon.
๐บ๐ธ Considering the latest payrolls data alongside the JOLTS and ADP reports released this week, Anthony Saglimbene of Ameriprise Financial believes the consensus around the U.S. employment backdrop is that it has โsoftenedโ but is also โremaining firm.โ This reflects a โlow-hire, low-fireโ environment, he added.
๐บ๐ธ The December report was the first month of jobs figures unaffected by the record-setting U.S. Government shutdown. That stoppage posed data collection challenges for the Bureau of Labor Statistics with regards to October and November: The agency said that a full October jobs report wouldnโt be released, and the November report was delayed.
๐บ๐ธ The 10-year Treasury yield, which influences interest rates on a variety of commercial & consumer loans, was around 4.17% at 4 p.m. ET, little changed from Thursday's close.
๐บ๐ธ The U.S. Supreme Court did not decide on the legality of Trump's use of emergency powers to impose tariffs on Friday, which had been a possibility. When it does issue a decision, it could back the "Liberation Day" levies announced in April or go as far as to deem them illegal & roll them back. A ruling could bring clarity to trade policy that has been muddled for nearly a year & which, when first announced, shocked markets that have since recovered.
๐บ๐ธ West Texas Intermediate futures, the U.S. Crude Oil benchmark, were up 1.8% to $58.80 a barrel as oil executives met President Trump about doing business in Venezuela, while gold futures advanced 1.3% to $4,515 an ounce.
๐บ๐ธ Bitcoin was trading around $90,200, little changed on the day. The U.S. dollar index, which tracks the value of the greenback against a basket of foreign currencies, was 0.2% higher at 99.13.
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This group is one stop solution for all Financial Products & Stock Market related knowledge.
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This group is one stop solution for all Financial Products & Stock Market related knowledge.
Open Up, Interact & get to know all you want.
Join Here & feel the difference.