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Ep-1045 | Daily Money Show | Stock Market News Today
Takeaway
Trump's verbal attack on Fed Chair Powell pressured US markets but Indian markets closed positive.
Summary
- Sensex up 187 to 79,595; Nifty up 41 to 24,167; midcap +0.79%, smallcap +0.77%, Bank Nifty +0.62%
- Trump posted attacking Fed Chair Jerome Powell as 'Mr Too Late and Major Loser' for not cutting rates
- Trump argues US food prices have fallen and inflation is no concern, so Fed should cut rates
- US markets faced pressure after Trump's social media post
- Mix of quarterly results and important market updates
TrumpFed Powelldaily show
Original description
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