The Daily

 NEW DELHI, July 7:  JioBlackRock Asset Management Pvt Ltd, a 50:50 joint venture between Jio Financial Services Limited (JFSL) and BlackRock, on Monday announced closure of its maiden New Fund Offer (NFO), recording a total investment of Rs 17,800 crore (~USD 2.1 billion).

  The fund was mobilised from three cash/debt mutual fund schemes — JioBlackRock Overnight Fund,

 » Read more about: JioBlackRock Mutual Fund raises over Rs 17,800 crore via maiden NFO  »

 » Read more about: Warren Buffett Owns 9 Ultra-High-Yield Dividend Stocks. Here's the Best of the Bunch.  »

Americans are thinking twice before they travel, dine out, or shop this summer, with the vast majority of consumers worried about their personal finances as uncertainty over tariffs and a muddied outlook for the US economy weigh on confidence.

According to a new Yahoo Finance/Marist Poll released Monday, roughly 80% of Americans surveyed expressed some level of concern about the impact of President Trump’s tariffs on their personal finances.

 » Read more about: US consumers plan to cut back this summer as tariff worries weigh on spending: Yahoo Finance/Marist Poll  »

• The US Dollar regains its safe-haven status and rallies across the board on risk aversion.
• Uncertainty about US trade tariffs and their deadline keeps investors on their toes.
• The minutes of the last Fed meeting are likely to challenge US Dollar’s recovery later this week.

 » Read more about: USD/CHF advances beyond 0.7970 with US tariffs boosting risk aversion  »

Tesla (NASDAQ:TSLA) is encountering a perfect storm of challenges on multiple fronts.

 » Read more about: Tesla Stock's $1 Trillion Puzzle  »

Datadog (NASDAQ: DDOG) is officially joining the S&P 500 on July 9. Shares are up by more than 15% since the announcement, adding to what’s already been a stunning multi-year run. Since going public six years ago, Datadog has skyrocketed by over 4x, nearly triple the S&P 500’s return over the same period.

 » Read more about: Datadog Just Cracked the S&P 500, Wall Street Thinks It’s Just Getting Started  »

 » Read more about: Fantastic News for CoreWeave Shareholders  »

Gold rate today: Yellow metal’s August contracts on the MCX opened at Rs 96,485 per 10 grams on July 7.

 » Read more about: Gold rate today: Yellow metal's prices drop; check the latest rates in your city on July 7  »

 » Read more about: Trump trade war, Middle East tensions overshadow BRICS summit  »

NEW YORK: From Treasury market reversals to trade threats, the first half of 2025 was dominated by policy upheaval and Wall Street angst.

The dollar famously fell, while commodities and risky assets were whipsawed.

But inside the markets where the world’s biggest quants operate, a funny thing happened: time-honoured trading patterns prevailed.

 » Read more about: Quant funds reap gains amid volatile market  »