The rupee appreciated by 21 paise to close at 82.58 against the US dollar on Tuesday as suspected RBI intervention bolstered the sentiment amid continued FII outflows and firm crude oil prices. Forex traders said the central bank’s intervention and lower commodity prices supported the local unit. During the trading session, the rupee touched a […]
Earnings results from major retailers in the coming weeks will test the strength of the U.S. stock market rally, as investors gain insight into the health of consumer spending and the fallout on company bottom lines from inflation.As a tepid fourth-quarter results season comes to an end, Walmart and Home Depot are set to report […]
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