(Reuters) - Canada’s main stock index opened lower on Monday, dragged by losses in energy shares, while U.S. President Donald Trump’s renewed criticism of Federal Reserve Chair Jerome Powell raised concerns about the central bank’s independence and exacerbated risk-off sentiment.At 9:32 a.m. ET (1332 GMT), the Toronto Stock Exchange’s S&P/TSX composite index was down 0.3% at 24,133.46 ...
Investing.com -- The Magnificent Seven stocks, a collection of seven major tech companies, experienced a drop in Monday’s premarket trading session as the US dollar weakened. This market movement comes as traders evaluate the potential for President Donald Trump to attempt to remove Federal Reserve Chairman Jerome Powell from his position.In the premarket trading, Tesla (NASDAQ:TSLA) was down 3% ...
Investing.com -- India’s infrastructure output, which accounts for 40% of the country’s industrial production, has seen a year-on-year growth of 3.8% in March, according to government data released on Monday.This metric, which monitors activity across eight sectors, underwent an adjustment for February’s growth rate. The initial estimate of 2.9% was revised upward to 3.4%.For the fiscal year ...
Investing.com -- Gulf issuers, including Saudi Arabia’s sovereign wealth fund valued at $925 billion, are reportedly preparing a series of bond offerings, according to a Reuters report on Monday. This comes despite the current instability in the debt markets caused by U.S. President Donald Trump’s tariff policies.The Public Investment Fund (PIF) of Saudi Arabia is reportedly planning to raise ...