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Oil prices are climbing for a second day. This surge is driven by uncertainty over Venezuela's oil supply and growing concerns about output from Iran due to civil unrest. Major oil companies are vying for U.S. government deals to export Venezuelan crude. Protests in Iran over economic hardship are also contributing to supply worries.
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News and Media
In the Nifty200 pack, the closing prices of 16 stocks fell below their 200-day moving averages on January 8, according to StockEdge.com's technical scan data. Of these, we highlighted 11 stocks that slipped more than 2.5%. Trading below the 200 DMA is considered a negative signal because it indicates that the stock's price is below its long-term trend line. The 200 DMA is used as a key indicator by traders for determining the overall trend in a particular stock. Take a look:
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News and Media
Asian equities saw a modest rise after a two-day decline, as investors awaited US payrolls data and a potential Supreme Court ruling on President Trump's tariffs. Money has shifted from tech giants to smaller companies, with the Russell 2000 outperforming the Nasdaq 100. US jobs data will offer clues on the Federal Reserve's interest rate path.
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News and Media
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