The Latest Breaking News from GDP

Futures rose, especially techs, thanks to Meta Platforms. Solar IPO Nextracker soared, while Chipotle tumbled amid an earnings flood. GDP and other key economic data are on tap.

September S&P 500 futures (ESU23) are up +0.59%, and September Nasdaq 100 E-Mini futures (NQU23) are up +1.20% this morning after three major U.S. benchmark indices ended the regular session mixed as market participants digested Federal Reserve Chair Jerome Powell’s comments following the Fed’s widely expected 25 basis point rate…

AIPSN demands Central govt re-examine proposal to privatise research funding. It calls for open scrutiny by scientific community, citing concerns of centralisation, lack of oversight and not addressing existing structural problems. It has launched signature campaign to remit NRF Bill to Parliamentary standing committee for assessment. AIPSN says Bill seeks…

India’s ability to shape international politics must be a reflection of its domestic context, and its global engagement should be geared towards the well-being of its people

Top trade experts say conditions for hidden benefits claimed by Kemi Badenoch are ‘highly unlikely’

India is indeed likely to be a rising “great power” and its economy will have the size similar to that of the U.S. by 2050, according to noted economics commentator Martin Wolf who has also highlighted that Western leaders are making a sensible bet on the country.

In an implicit admission that the Commonwealth budget may not measure what really matters, Treasurer Jim Chalmers is about to release what he is calling “Measuring What Matters” – Australia’s first national wellbeing framework.

What you need to know… The S&P 500 Index ($SPX ) (SPY ) Monday closed up +0.39%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed up +0.22%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed up +0.95%. Stocks Monday recovered from early losses and posted moderate...

With China’s economy growing less than expected in Q2, calls have intensified for the government to expand stimulus measures to revive growth. Several investment banks cut their growth targets for China this year after today’s disappointing Q2 GDP report. The markets will look to a meeting later this month when...