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2025-03-01 05:31:18| The Economic Times

Wall Street's momentum trade driven by tech, communications, and consumer discretionary sectors is faltering due to concerns over shrinking growth and trade uncertainties. Safe havens like health care and consumer staples are now leading the market as investors pivot defensively amidst the rising economic volatility.

Category: News and Media

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2025-03-01 05:26:59| The Economic Times

In 2010, a photo of Kabosu, a Shiba Inu, became a viral internet meme called 'DOGE.' Elon Musk has since adopted this meme culture, infusing it into his social media and branding efforts, using outdated internet slang to connect with followers while promoting his political and business ambitions.

Category: News and Media

2025-03-01 05:22:54| The Economic Times

The Nifty index experienced its longest five-month decline since its inception, falling around 14% from October to February. This recent downturn is notable, though not as severe as the 22% drop during a similar period in 2001.

Category: News and Media

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01.03 Forex reserves jump to 2-month high with a $5-b weekly rise 01.03 RBI buys bonds worth 40,000 cr in week to feb 21 01.03 $-Re swap gets strong demand, weakens rupee 01.03 Stock traders seek havens to hedge uncertain markets 01.03 Elon Musk's internet: So based, much wow. So cringe? 01.03 Tariffied on the D-Street: Nifty clocks longest streak of monthly declines 01.03 US: Homeland Security officials push IRS for 700,000 immigrants' addresses 01.03 Locked in a jungle camp, migrants deported to Panama face uncertain future More »