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Stocks, Bonds Steady Ahead of US CPI Revision Data: Markets Wrap

(Bloomberg) Global markets were treading water on Friday before the release of US inflation data that could shift the narrative of the Federal Reserve’s fight against inflation. The US is expected to release its annual revisions to its consumer price index at 8:30 a.m. New York time. Last year, the update was significant enough to cast doubt on overall inflation progress and traders were speculating again that the recalculations might sway views over when the Federal Reserve will cut interest rates. “This could have important implications for the Fed,” wrote analysts at Rabobank in a research note. “It could increase or decrease the confidence that the FOMC has in a sustainable return to 2% inflation.” Europe’s Stoxx 600 and US stock-index futures were little changed. Ten-year Treasuries held steady, leaving their yield up about 15 basis points in the past five days. The next key data point will be the regular US inflation print due Tuesday. L’Oreal shares tumbled 7% as ....

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US Stocks Buck Concerns the 'Pivot Party' Is Over: Markets Wrap

(Bloomberg) US stocks eked out a gain Tuesday, setting fresh closing highs ahead of an onslaught of company reports that promise insight into the state of the global economy. Most Read from BloombergChina Weighs Stock Market Rescue Package Backed by $278 BillionApple Dials Back Car’s Self-Driving Features and Delays Launch to 2028An Isolated Israel Doubles Down on War in Gaza — At All CostsNetflix Pays $5 Billion for ‘Raw’ in Bet on Live EventsTurkey Approves Sweden NATO Bid, Leaving Hungary ....

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Adani's Lessons From Hindenburg Fight Fuel $93 Billion Rebound

(Bloomberg) One of the biggest ever corporate takedowns by a short-seller may have been a blessing in disguise for billionaire Gautam Adani. Most Read from BloombergFlorida Governor DeSantis Drops Out of 2024 Race, Endorses TrumpHedge Funds Rake in Huge Profits Betting on Catastrophe RiskPutin Orders Hunt for Property of Russian Empire, Soviet UnionGloom Over China Assets Is Spreading Beyond Battered StocksTrump Retires ‘DeSanctimonious’ Insult After DeSantis Backs HimA year after US-based sh ....

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MC Employees Injured: 3 MC Employees Injured in Attack at Piru Banda, Ludhiana | Ludhiana News

Ludhiana: Three MC employees were injured after being attacked by a few youths in a car at Piru Banda. ....

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Woman Injured: Woman Injured in Car-Scooter Collision on Majagavi-Peeranawadi Road | Hubballi News

A woman rider was injured after a speeding car hit her scooter from behind on Majagavi-Peeranawadi Road. The incident occurred when Divya Patil, 23, a resident of Brahmanagar, was riding from Majagaon to Peeranawadi. ....

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