Nasdaq, Dow futures under pressure amid caution ahead of key economic data
Last week, the S&P 500 logged in its worst week since September.
Selling pressure is likely to continue on Wall Street as futures tied to US benchmarks–the Nasdaq Composite, S&P 500 and Dow Jones Industrial Average traded with sharp cuts on March 10. Caution persisted as investors braced for a wave of economic data releases,
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Read MoreFed Chances of Rate Cut Next Week Aren’t Budging. Why That May Change.
Stocks may be retreating and bond yields falling amid increased talk about a recession. But markets are still convinced it’s too early for the Federal Reserve to step in to help.
The odds of a quarter-point interest-rate cut at the Fed’s meeting next week are just 2%, compared with 98% for policy to remain unchanged,
» Read more about: Fed Chances of Rate Cut Next Week Aren’t Budging. Why That May Change. »
Read MoreHow to get loan against mutual fund investment
PAPER WORK
A loan against mutual funds is an effective way for investors to access liquidity without redeeming their investments. This facility allows individuals to pledge their mutual fund holdings as collateral to secure a loan from banks or financial institutions. This is ideal for short-term liquidity needs.
Check eligibility
Investors should check with banks and NBFCs that offer loans against mutual funds because all schemes are not eligible for pledging.
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Read MoreNeed funds? Here's how to get a loan against mutual fund
A loan against mutual funds lets you secure funds without selling your investments. By pledging your mutual fund units as collateral, you can borrow from banks or financial institutions, thereby offering a convenient solution for short-term financial needs.
Generally, banks and Non-Banking Financial Companies (NBFCs) accept large-cap equity funds, debt funds,
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Read MoreStock market today: Dow, S&P 500, Nasdaq futures slip as worries over tariffs, economy persist
Dollar General (DG) stock jumped 4.8% in premarket trading after the discount retailer reported holiday sales above estimates but a mixed outlook for the year.
Retailers, including Walmart (WMT) and Target (TGT), have largely issued more cautious forecasts for the year as they navigate new tariffs and a still-inflation-weary consumer.
Read MoreThe Burst
Alert: 38% Upside In Super Boring Stock
Investment Alert: Buy Oracle (ORCL) Under $120
Disclaimer: Investment Alerts have a medium to long-term time horizon. These do not constitute financial advice and you should contact a financial advisor before deciding whether it is appropriate for your individual circumstances.
Larry Ellison ranks among the richest men in the world thanks to the roaring success of the company he founded in 1977,
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Read MoreThe Ivy
Wild West Standoff Set To Hit Stock Market
A wild west standoff is taking place right now in the housing market. Take southeast Florida as a prime example of the divide between buyers and sellers. In upscale Boca Raton, the median price of homes sold in many communities sits far below the listing prices of homes on sale.
Yet sellers are standing firm on price,
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