Seoul's Kospi index hit another record high Thursday on a mixed day for Asian equities following a strong lead from Wall Street but with traders giving a tepid response to forecast-beating earnings from chip titan Nvidia.Futures in all three main indexes on Wall Street were in the red, after they had enjoyed a strong run-up Wednesday.
Seoul's Kospi index hit another record high Thursday on a mixed day for Asian equities following a strong lead from Wall Street but with traders giving a tepid response to forecast-beating earnings from chip titan Nvidia.Futures in all three main indexes on Wall Street were in the red, after they had enjoyed a strong run-up Wednesday.
Market Snapshot USD/INR ₹90.96 +0.0% Nifty 50 Index 25,482.50 +0.2% India 10-Year Bond Yield 6.68% -0.00 Spot Gold ($/oz) $5,181.78 +0.3% S&P 500 Futures 6,948.75 -0.2% Market data as of 08:03 AM IST, Feb. 26, 2026, or the previous close for Indian markets. Data is subject to provider delays. Good morning... I’m Savio Shetty, an equities reporter in Mumbai, bringing you a fast read on markets. Asi...
Market Snapshot USD/INR ₹90.96 +0.0% Nifty 50 Index 25,482.50 +0.2% India 10-Year Bond Yield 6.68% -0.00 Spot Gold ($/oz) $5,181.78 +0.3% S&P 500 Futures 6,948.75 -0.2% Market data as of 08:03 AM IST, Feb. 26, 2026, or the previous close for Indian markets. Data is subject to provider delays. Good morning... I’m Savio Shetty, an equities reporter in Mumbai, bringing you a fast read on markets. Asian stocks are going from strength to strength, with a regional benchmark heading for a fourth straight day of gains as concerns over AI-driven disruption ease. The mood is far less upbeat in India though. The Nifty just about managed to finish in the green on Wednesday, clawing back most of its early gains in a choppy session. Sentiment took a hit as the US imposed a preliminary 126% duty on solar imports from India, adding to lingering trade-related uncertainty. One bright spot: foreign investors are sticking around. They’ve pumped in a net $2.4 billion into local stocks in February — on track for the strongest inflow in 17 months. All eyes now are on Friday’s release of India’s new GDP series, which should offer clearer clues on the growth outlook. Globally, Nvidia’s results drew a tepid response from investors despite an upbeat sales forecast. And US Trade Representative Jamieson Greer said President Donald Trump is expected to sign a directive in the coming days raising his global tariff to 15% “where appropriate” while seeking “continuity” with nations that struck trade deals. In today’s newsletter, we cover: The risk of earnings downgrades for small caps Strong February auto sales expectations The tailwinds aiding the insurance sector But first, a look at an important shift in the bond market. Markets Buzz: State-Run Banks Are Back India’s state-owned banks have snapped up a record 225.8 billion rupees ($2.5 billion) of bonds in February, helping cool yields that climbed to a one-year high earlier this month . The buying marks a clear shift after nearly a year of heav...
The average one-year price target for Valaris (NYSE:VAL) has been revised to $67.96 / share. This is an increase of 26.42% from the prior estimate of $53.75 dated February 1, 2026. The price target is an average of many targets provided by analysts. The latest
The average one-year price target for Valaris (NYSE:VAL) has been revised to $67.96 / share. This is an increase of 26.42% from the prior estimate of $53.75 dated February 1, 2026. The price target is an average of many targets provided by analysts. The latest
JessRodriguez/iStock via Getty Images Quarterly review The Allspring Small Company Value Fund underperformed the benchmark for the fourth quarter. The information technology ('IT') and consumer discretionary sectors were the primary contributors to performance while the health care and materials sectors detracted from performance. Market review The fourth quarter of 2025 was marked by periods of v...
JessRodriguez/iStock via Getty Images Quarterly review The Allspring Small Company Value Fund underperformed the benchmark for the fourth quarter. The information technology ('IT') and consumer discretionary sectors were the primary contributors to performance while the health care and materials sectors detracted from performance. Market review The fourth quarter of 2025 was marked by periods of volatility and a prevailing sense of cautious optimism. U.S. equities remained resilient and traded near record highs despite a historic 43-day government shutdown in November that temporarily unsettled markets. Equity markets strengthened as the quarter progressed, extending the positive momentum established late in the third quarter. For the full year, the S&P 500 Index advanced nearly 18%, supported by strong contributions from the IT, communication services, and consumer discretionary sectors. Market leadership continued to be concentrated among the largest technology-oriented companies, often referred to as the "Magnificent Seven" (Alphabet, Amazon, Apple, Meta, Microsoft, NVIDIA, and Tesla), which benefited from robust earnings trends and sustained enthusiasm around advancements in artificial intelligence ('AI'). Market sentiment improved as the Federal Reserve (Fed) shifted toward a more accommodative policy stance, implementing 25-basis-point (bp; 100 bps equal 1.00%) rate reductions in both September and December. Policymakers signaled the potential for additional easing in 2026 as they continue to balance their dual mandate of price stability and full employment. The resulting decline in yields supported higher equity valuations, while corporate earnings broadly outperformed expectations. According to FactSet Research Systems, Inc., more than 80% of companies exceeded earnings estimates, reinforcing the fundamental strength underpinning the market. Although inflationary pressures and geopolitical uncertainties persist, investor confidence has remained resilient. Ag...
15 States Sue RFK Jr. Over Changes To Vaccine Schedule Authored by Zachary Stieber via The Epoch Times, California and 14 other states on Feb. 24 sued federal health agencies and Health Secretary Robert F. Kennedy Jr. over the recently revised childhood vaccine schedule. Federal officials violated federal law by not consulting with the Centers for Disease Control and Prevention vaccine advisory pa...
15 States Sue RFK Jr. Over Changes To Vaccine Schedule Authored by Zachary Stieber via The Epoch Times, California and 14 other states on Feb. 24 sued federal health agencies and Health Secretary Robert F. Kennedy Jr. over the recently revised childhood vaccine schedule. Federal officials violated federal law by not consulting with the Centers for Disease Control and Prevention vaccine advisory panel before downgrading recommendations for six vaccines in January, the plaintiffs said in a lawsuit filed in federal court in northern California. The updated CDC vaccine schedule “will damage public health by decreasing vaccine uptake and increasing rates of vaccine-preventable diseases, including by creating confusion, spreading misinformation contrary to established scientific evidence, and increasing vaccine hesitancy,” they said. They also took issue with how the CDC, acting on advice from the panel, previously stopped recommending hepatitis B vaccination at birth to children born to women who tested negative for hepatitis B. The states are asking the court to enjoin those changes. The Department of Health and Human Services, the CDC’s parent agency, has said it does not comment on litigation. A separate lawsuit, lodged in 2025 by health organizations, also seeks to block the revised schedule as well as Kennedy’s remaking of the CDC’s vaccine advisory committee. U.S. District Judge Brian Murphy, who heard from the parties during a hearing in Boston earlier in February, has not yet ruled on the request as he considers whether to allow Children’s Health Defense, an organization previously founded by Kennedy, to intervene in the case in support of the government. Government lawyers have said in filings in that case that the vaccine schedule was reasonably updated based on recommendations from top health officials, including Dr. Tracy Beth Hoeg, acting director of the Food and Drug Administration’s Center for Drug Evaluation and Research. A baby after receiving a vaccine ...
Some of Asia’s biggest banks are working on bids for HSBC Holdings Plc ’s retail assets in Indonesia, according to people familiar with the matter, helping them to forge ahead in Southeast Asia’s largest economy. The banks include Singapore-based DBS Group Holdings Ltd. , Oversea-Chinese Banking Corp. and United Overseas Bank Ltd. , as well as Malaysia’s CIMB Group Holdings Bhd. and Japan’s Sumito...
Some of Asia’s biggest banks are working on bids for HSBC Holdings Plc ’s retail assets in Indonesia, according to people familiar with the matter, helping them to forge ahead in Southeast Asia’s largest economy. The banks include Singapore-based DBS Group Holdings Ltd. , Oversea-Chinese Banking Corp. and United Overseas Bank Ltd. , as well as Malaysia’s CIMB Group Holdings Bhd. and Japan’s Sumitomo Mitsui Financial Group Inc. , the people said, asking not to be identified because the deliberations are private. HSBC has been working with advisers on a potential sale of its consumer business in Indonesia, the people said. A transaction may value the assets at more than $200 million, the people said. Considerations are ongoing, with binding bids due mid-March, the people said. Read More: Indonesia Holds Rates Steady as Currency Pressure Lingers HSBC has said it’s carrying out targeted strategic reviews of its retail businesses across Australia, Indonesia and Egypt, but no decisions have been made. HSBC Life Singapore is also being reviewed . Since taking the reins in 2024, HSBC Chief Executive Officer Georges Elhedery has undertaken a major overhaul, cutting management layers and thousands of jobs. The bank has reorganized into four new divisions and exited some businesses once considered key. Representatives for DBS, UOB, OCBC, CIMB and SMFG declined to comment. A spokesperson for HSBC declined to comment further on the ongoing strategic review for Indonesia. Read More: HSBC Wins Hang Seng Shareholder Backing for $14 Billion Buyout Fast-growing markets such as Indonesia — where economic growth hit a three-year high last quarter — are attracting banks looking to expand, especially with the likes of HSBC and Citigroup Inc. selling some non-core assets. ANZ Group Holdings Ltd. has also considered selling its stake in PT Bank Pan Indonesia. HSBC opened its first branch in Indonesia in 1884. A couple of decades ago, it acquired PT Bank Ekonomi Raharja, rebranding it as PT...
(RTTNews) - Indian shares look set to open higher on Thursday after U.S. chipmaker Nvidia forecast first-quarter revenue above market estimates, helping ease concerns that momentum in artificial intelligence spending was cooling.
(RTTNews) - Indian shares look set to open higher on Thursday after U.S. chipmaker Nvidia forecast first-quarter revenue above market estimates, helping ease concerns that momentum in artificial intelligence spending was cooling.