← Go back Apr 04, 2023
U.S. stocks surged on Thursday on the back of softer-than-expected jobs and factory-gate inflation data. The S&P 500 was up 0.8%, while the tech-heavy Nasdaq 100 gained 1.5% by 12:49 p.m. in New York. The yield on 10-year Treasuries advanced three basis points to 3.42%.Crude price fell 0.9%, while gold price inched up 1.4%. Bitcoin rose 1.1% to slip above the $30,300 level.Indian benchmark indices—Sensex and Nifty—continued their rally for the ninth day in a row to end at a seven-week high with the longest winning streak in 2.5 years.Indian rupee extended its gains against the U.S. dollar by a lot on a weaker greenback in the global market.Foreign institutional investors were net buyers for the tenth straight day and mopped up stocks worth Rs 221.9 crore during the day. On the other hand, domestic institutional investors were net sellers for the third straight day and offloaded stocks worth Rs 273.7 crore, the NSE data showed. Continue Reading. Read more on Markets by BloombergQuint.
Read more: bloombergquint
