🇺🇸 Trump approves massive tax and spending bill raising market concerns
The U.S. House of Representatives approved a comprehensive tax and spending bill presented by President Donald Trump, raising concerns among investors about the growing fiscal deficit. This bill is expected to increase the federal deficit by $2.7 trillion over the next decade, leading to rising bond yields and a downgrade of the U.S. credit rating by Moody's.
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📉 Sharp decline in U.S. markets due to deficit fears and rising bond yields
U.S. markets experienced their worst session in a month, with the Dow Jones index falling more than 800 points, impacted by rising bond yields and investors' concerns about the U.S. ability to manage its growing debt.
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💹 Trading recommendations for today: Tata Steel and KIMS stocks
Trading experts in India have recommended Tata Steel and KIMS stocks as promising investment opportunities for today, based on technical and market analyses.
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🇬🇧 British private sector contracts and government borrowing rises
The British economy showed signs of weakness with the private sector contracting for the second consecutive month and
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