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- Last Updated
- 45 days ago
- Bias Distribution
- 100% Center
August has seen a severe market downturn, with indices like the Russell 2000 and Nasdaq Composite dropping nearly 10% and 8% respectively in just three days. Major stocks including Caterpillar and CSX have also reported declines, with Caterpillar down 8% over the past week. In India, benchmarks Sensex and Nifty fell almost 3% on August 5, driven by recession fears and poor global cues; companies like Ashoka Buidcon and Sheela Foam experienced significant drops. Meanwhile, stocks like Marico and Devyani International showed resilience, with Marico gaining 1.5% due to positive quarterly performance. In the U.S., IBM is noted for its strong performance in the AI sector, while investors are beginning to shift focus towards real estate stocks amid changing interest rate expectations. The volatility has led to increased trading activity in some stocks, highlighting the mixed sentiment in the markets.
- Total News Sources
- 1
- Left
- 0
- Center
- 1
- Right
- 0
- Unrated
- 0
- Last Updated
- 45 days ago
- Bias Distribution
- 100% Center
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