Asian stocks fell on Friday as traders were disappointed by the absence of specifics from a Chinese economic conference. Additionally, risk appetite was lower ahead of next week's federal reserve policy meeting. Watch in for more details!

S&P 500 And Nasdaq 100 Fall On Thursday As Rally Stalls

The S&P global ratings gave a thumbs-up to Turkiye's economy. The ratings agency raised Turkiye's credit rating for the second time this year. S&P cited strong forex reserve building, disinflation, and a reduction in the current account deficit for is upgrade.

S&P Gives a Thumbs-Up to Turkiye's Economy

The global economy is currently experiencing an unprecedented 'dangerous time' as tensions in West Asia continue to escalate, according to Daniel Yergin, Vice Chairman of S&P Global.

Global economy faces dangerous turmoil amid escalating tensions in West Asia

The Indian economy is projected to grow faster at 7.1 per cent this fiscal (FY25), Moody’s Analytics stated in a recent report. Further, it is to be noted that, India continues to remain resilient amid global uncertainties.

Indian economy to grow at 7.1% in FY25: Moody’s Analytics

According to s&p global, India is set to become the world's third-largest economy by the end of this decade. This if its nominal GDP doubles from $3.6 trillion in 2024 to over $7 trillion.

S&P global: India set to become world's 3rd largest economy

This past week, US markets closed with mixed results amid economic data indicating easing inflation pressures. The S&P 500 edged up to achieve its fourth consecutive record close. The Nasdaq composite also set a record high, marking its fifth straight all-time closing high. However, the dow jones industrial average slipped. The week saw the nasdaq posting its largest weekly gain since late April, bolstered by optimism over tech stocks.

Global markets in the week gone by

Ahead of India's election result announcement, S&P has upgraded India's sovereign rating outlook to "positive," citing the country's robust economic expansion. Analysts forecast GDP growth to remain near 7 percent annually for the next three years. This positive outlook is driven by several factors.

S&P cites India's robust GDP growth in positive rating outlook

Big tech companies are poised to lead the charge in the upcoming earnings season, potentially revitalising investor confidence following a sluggish start to April.

Big tech to lead S&P 500 with 26.7% earnings growth

Big tech companies are poised to lead the charge in the upcoming earning season potentially revitalizing investor confidence following a sluggish start to April.

Tech earnings fuel stock rally

Tech drives S&P 500

Forthcoming week Global markets are poised for a moment of reflection as they await crucial economic data releases primarily from the United States. Now the focus will be on the unveiling of the Q4 GDP figures, initial jobless claims data, personal consumption expenditure the PCE data and consumer confidence numbers for February. These indicators especially GDP and jobless claims are anticipated to sway US bond yields shaping Market sentiment worldwide. Watch to know more!

What's the outlook for stocks this week?

In a day marked by fluctuations, the S&P 500 index made a brief but impactful touch on the 5,000-point milestone, leaving investors reacting to earnings reports, a steady jobs report, and insights from policymakers on potential interest rate cuts.

S&P 500 briefly touches the 5,000-mark. Here are the details

Hopes for lower interest rates and resilient growth in 2024 took the S&P 500 to a record high on Friday, after two roller-coaster years featuring soaring inflation, tumult in the banking industry and economic unease.

Bulls take charge on Wall Street; S&P 500 enters bull market

Asia-Pacific markets saw a mixed start to the day, with some indexes rebounding after consecutive declines. Meanwhile, China reported a faster-than-expected decline in consumer prices.

Global Markets Roundup | S&P 500 extends winning streak for 8th straight session 

In the Asia-Pacific region, the majority of markets saw declines ahead of a significant monetary policy decision by the Bank of Japan. Investors were also evaluating manufacturing data from China.

Global Markets Roundup | S&P 500 rebounds after correction

Israel's credit outlook has been downgraded to negative by S&P Global Ratings, a decision attributed to the ongoing conflict with Hamas. According to a report by Bloomberg, S&P's credit assessment affirmed Israel's rating at AA-, the fourth-highest level, but expressed concerns that the war could potentially have a broader and more significant impact on Israel's economy than initially expected.

Israel-Hamas war: S&P downgrades Israel's credit outlook to negative

S&P Global Market Intelligence announced on Monday that India’s growth prediction for FY24 was raised upward to 6.6 per cent on the strength of strong growth in the April-June quarter, according to a report by The Economic Times.

 S&P Global raises India’s FY24 growth projection to 6.6 pc amid inflation worries

Credit rating agency S&P will no longer publish ESG scores along with credit ratings. The decision comes in response to feedback from the company's investors. Reports suggest that investors remain confused about the way ESG ratings are formulated.

S&P discontinues ESG ratings after investor feedback

The Purchasing Management Index (PMI) data issued on Thursday revealed that India’s major services sector maintained its strong performance in July, as total sales increased at the fastest rate since June 2010, as per a report in the Economic Times.

India’s service sector grew at its fastest rate in 13 years: S&P Global Index 

The S&P 500 fell Tuesday, after struggling to hold onto gains as investors remained wary of making big bets on stocks.

WION Business News | S&P 500 falls as tech struggles to hold gains

Following Ukraine's last-week success in obtaining a two-year respite on its foreign debt from creditors, Fitch and S&P have raised the war-torn nation's credit rating.

S&P, Fitch upgrade Ukraine's credit rating but warn there's still a chance of default

China's massive housing market may experience a one-third decline in property sales this year as consumers lose faith in the industry and pressure mounts on struggling developers to finish pre-sold flats.

S&P predicts one-third decline in China's real estate sales as situation worsens

Sharp falls in the US and Asian stock markets had reverberations across UK and Europe amid concerns over inflation and slowing economies. The FTSE 100 index of leading companies sank 1.

Europe, UK stock markets see steep decline amid concerns over inflation, slow growth

The S&P 500 and the Dow hit record highs on Friday as economy-linked stocks including banks and industrials gained on optimism around strong U.S. economic growth.

S&P 500, Dow at all-time high as banks, industrial rise

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