Gold prices jumped more than 2% as traders cut bets on a September US Fed rate hike after Governor Christopher Waller signalled support for keeping rates unchanged if inflation continues to cool. Lower Treasury yields and a weaker dollar further boosted bullion, while investors await US jobs and inflation data.
US 30-year mortgage rates have climbed to their highest level in more than a year, adding to affordability pressures for homebuyers. The rise comes as Treasury yields remain elevated amid inflation concerns, government borrowing needs and Middle East tensions, while Fed Governor Christopher J. Waller signals a possible pause on rate hikes.
Fed Governor Christopher Waller said the loss of the traditional safety premium on US Treasuries is pushing the neutral interest rate higher, potentially keeping borrowing costs elevated. He also warned that the US cannot simply grow its way out of its $40 trillion debt burden without bringing structural deficits closer to zero.
Calcutta Stock Exchange shares have more than doubled in the unlisted market in three months as hopes of a revival gain momentum. The exchange is seeking to pause its voluntary exit process and explore opportunities across equities, derivatives, bonds, currencies and commodities, though any revival will require regulatory approvals and potential anchor investors.
Tyson Foods has revised down its profit and sales targets for fiscal 2026 due to rising challenges within the beef segment. The company anticipates that declining cattle prices will adversely impact its margins. To adapt to these industry-wide cattle-cycle dynamics, Tyson Foods plans to either close or sell three of its beef plant operations.
Prestige Estates has finalized a significant joint development agreement for a housing project in Gurugram, aiming to generate an impressive revenue of Rs 5,600 crore. This development will span across a substantial 17.14-acre land parcel in Sector 109. As part of their growth strategy, the company is also extending its footprint in the Delhi-NCR area, with additional projects underway in Ghaziabad and Noida.
Jindal Worldwide shares hit a 52-week high and upper circuit after subsidiary Jindal Mobilitric announced plans to expand its retail network to around 100 showrooms by FY28. The EV expansion has driven strong investor interest, with shares gaining 66.28% year-to-date.
ET Alpha Summit 2.0 will bring together leading investment voices to explore how niche alternative assets could shape the next phase of multi-generational wealth creation. The masterclass will examine emerging opportunities, onshoring trends and structural shifts, while weighing return potential against risk, complexity and liquidity.
Bill Miller’s investing philosophy highlights how stock prices reflect future expectations, not just current performance. Investors should assess whether growth prospects are already priced in, as overly optimistic expectations can limit gains while low expectations may create opportunities.
SBI and Federal Bank have gained 281% and 292%, respectively, on Arcil investments as the asset reconstruction company launches its Rs 733-crore IPO. The entirely OFS issue opens September 9, with Arcil reporting stronger FY26 profit and revenue growth overall.
Warning! Information Posting in this website is only for educational purpose. We are not responsible for losses incurred in Trading based on this information.