5/18/2023 0 Comments Moneycontrol sensex![]() ![]() Experts suggest that investors should remain cautious and keep a close eye on the markets as they continue to navigate these uncertain times. It remains to be seen how these results will impact the global economy and financial markets. Lastly, the Australian dollar was little changed at 0.6684, while the New Zealand dollar fell 0.58 percent to 0.6256, , On the other hand, the British poundjumped 0.24 percent to 1.2291. The Canadian dollar pair edged up to 1.3714, while ,the Swiss franc pair firmed 0.17 percent to 0.9158. Meanwhile, the Japanese yen surged to 130.60, a gain of 0.58 percent. The Euro / US dollar pair closed at 1.0839, down 0.14 percent. The foreign exchange markets traded on Thursday with mixed results. The Dow Jones industrials gained 75.14 points or 0.23 percent to 32,105.25. The Standard and Poor's 500 added 11.75 points or 0.30 percent to 3,948.72. The tech sector did best, with the Nasdaq Composite advancing 117.44 points or 1.01 percent to 11,787.40. "What might be more likely in coming months is some sort of credit problem as companies' debt matures and they need to refinance their operations at much higher rates than before." "Even if the banking woes have been contained and the deposit flight is over, I don't think they'll prove to be the only set of headlines that pose risks to the economy," Liz Young, head of investment strategy at SoFi. stocks moved moderately higher on Thursday, but closed well off earlier highs. NEW YORK, New York - As concerns over the banking sector eased, U.S. ![]()
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