Dow futures imply a more than 400-point surge at Friday’s open as stocks try to rebound from rout

Dow futures imply a more than 400-point surge at Friday’s open as stocks try to rebound from rout

U.S. stock futures traded higher on Thursday night, pointing to a rebound for Wall Street after back-to-back sell-offs. As of 1:17 a.m. ET, Dow Jones Industrial Average futures rose 279 points, indicating a gain of 406.17 points at Friday’s open....
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Cramer admits he’s getting ‘a little cautious’ about the Fed’s effect on the economy

Cramer admits he’s getting ‘a little cautious’ about the Fed’s effect on the economy

“Sometimes we need to do a little reassessment,” the “Mad Money”host admitted on Tuesday. “I’m starting to get a tad concerned about the health of more and more industries here. The universe of potential winners does feel, ...
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India has adequate ‘firepower’ to deal with rupee volatility: DEA secretary

India has adequate ‘firepower’ to deal with rupee volatility: DEA secretary

India has adequate “firepower” of foreign exchange reserves to deal with the current volatility in the rupee, the country’s Economic Affairs Secretary told reporters. The volatility is being driven by global factors including the proposed US sanctions on...
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RBI to hike rates again by year-end, August still in play: Poll

RBI to hike rates again by year-end, August still in play: Poll

The Reserve Bank of India (RBI) is expected to raise interest rates again in the final three months of this year, according to a Reuters poll of economists, but over one-third of them predicted a hike as early as at...
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Xi can make life difficult for US companies like Apple, Walmart after Trump’s threat

Xi can make life difficult for US companies like Apple, Walmart after Trump’s threat

China doesn’t import enough from the US to be able to match Donald Trump’s tariff threats dollar for dollar. Instead, President Xi Jinping can have American companies doing business there squeezed in a multitude of other ways. With companies from...
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Audi names Bram Schot interim CEO, puts jailed Stadler on leave

Audi names Bram Schot interim CEO, puts jailed Stadler on leave

German automaker Audi has named sales chief Abraham ‘Bram’ Schot as interim CEO following the arrest of Rupert Stadler as part of a probe into emissions cheating. Audi, a division of Volkswagen, said in a statement Tuesday that it has...
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