The Daily Editor

It’s not every day you find a company bigger than Bank of America, American Express, and Goldman Sachs combined. Yet sitting near the top of the S&P 500 leaderboard is Mastercard (NYSE: MA), a payments powerhouse with a market cap hovering around half a trillion dollars.

In fact, Mastercard’s valuation puts it ahead of household names in finance and on par with tech icons,

 » Read more about: Mastercard Might Be the Most Underrated $500 Billion Juggernaut in the Market  »

 » Read more about: This AI Stock Is One of the Most Popular Among Billionaires Right Now (Hint: It's Not Nvidia)  »

While ETFs are still gaining traction in India, the segment has grown significantly, according to a new study by Zerodha Fund House.

 » Read more about: ETFs gain traction as retail folios rise nearly 11x in five years: Zerodha Fund House  »

 » Read more about: Jay Powell signals openness to July US interest rate cut  »

Federal Reserve Chairman Jerome Powell Tuesday blamed President Trump’s unpredictable trade war for keeping interest rates stubbornly high.

The central bank chief said the Fed board was plannng to lower rates until Trump launched his mercurial on-again, off-again tariffs policy, which could wind up raising prices for American consumers.

 » Read more about: Fed Chair Jerome Powell blames Trump tariffs for high interest rates  »

 » Read more about: Stock Market Live: Sensex, Nifty edge higher amid mixed global cues  »

 » Read more about: Wall St. is split as Tesla and tech drop while most other US stocks climb  »

Stock futures were little changed on Tuesday evening, after investors began the second half with a reduced appetite for technology stocks.

Futures tied to the Dow Jones Industrial Average added 9 points. S&P 500 futures were marginally higher, while Nasdaq 100 futures advanced 0.1%.

In regular trading,

 » Read more about: Stock futures are flat after investors sell tech names to start the second half of 2025: Live updates  »

• The Dow Jones soared on Tuesday, climbing into multi-month highs.
• The Dow is getting a boost from a reversal out of tech stocks.
• Budget watchers remain leery of details in Trump’s spend-heavy funding bill.

The Dow Jones Industrial Average (DJIA) rose to its highest levels in around five months on Tuesday,

 » Read more about: Dow Jones Industrial Average climbs as investors pivot away from tech  »

 » Read more about: Dow soars almost 400 points as investors rotate out of tech and eye Europe  »