Aug 4 (Reuters) - Wall Street was set to pull back on Tuesday as President Donald Trump’s moves to force China-owned TikTok into a sale of its U.S. operations drew a sharp rebuke from Beijing, ratcheting up tensions as the world slides into a pandemic-fuelled recession. … [Read more...] about US STOCKS-Wall St set to dip as U.S.-China tensions heat up over TikTok
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Aug 4 (Reuters) - The S&P 500 and Dow were subdued on Tuesday as Sino-U.S. tensions escalated following President Donald Trump’s moves to force a sale of TikTok’s U.S. operations, with investors also disappointed by quarterly results from Ralph Lauren and AIG. … [Read more...] about US STOCKS-Escalating Sino-U.S. tensions strain S&P 500, Dow
Aug 4 (Reuters) - The S&P 500 and Dow edged higher on Tuesday as investors held out for more U.S. government stimulus, but an escalation in Sino-U.S. tensions over TikTok and disappointing quarterly earnings from Ralph Lauren and AIG capped gains. … [Read more...] about US STOCKS-S&P 500, Dow grind higher with stimulus in focus
Aug 4 (Reuters) - The S&P 500 and Dow crept higher on Tuesday as investors held out for more U.S. government stimulus, but strained Sino-U.S. relations over TikTok and disappointing quarterly earnings from Ralph Lauren and AIG curbed gains. … [Read more...] about US STOCKS-S&P 500, Dow drift higher as investors eye stimulus
"The sector was already reeling under pressure during pre-COVID and current demand is very low. In the near-term, the trend will be volatile due to uncertainty and over-optimism recently. In a medium to long-term basis, the commercial vehicle sector will turn out as a dark horse and auto as a good candidate of contra-bet," said Nair of Geojit Financial Services. … [Read more...] about July auto sales signal recovery: Should you buy stocks from the sector?
Axis Bank on Tuesday said it has set a floor price of Rs 442.19 per equity share for its proposed Rs 15,000 crore qualified institutional placement (QIP). The board of the bank had last month approved the Rs 15,000 crore fund raise plan. The QIP was okayed by shareholders at the annual general meeting held on July 31, 2020, the bank said. … [Read more...] about Stocks in focus on August 5, 2020