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Indian markets surged on Wednesday, fueled by renewed tech sector strength and growing expectations of a December interest rate cut by the U.S. Federal Reserve. Nvidia’s positive earnings and Dell’s strong forecast boosted investor confidence, overshadowing concerns about tech valuations. Airlines also saw significant gains, signaling a robust holiday shopping season ahead.
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U.S. stock indexes were set for a higher open as investors digested economic data suggesting the Federal Reserve may cut interest rates in December. Lower jobless claims and stronger capital goods orders bolstered expectations for a Fed cut, with markets pricing in an 84.9% chance. Focus now shifts to the Beige Book for further economic...
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