Why the US and Indian markets are treading red?
The recent market movement in the US is what analysts call “Anthropic shock” while the global markets were already on the edge due to interest rate uncertainty, a massive tech driven sell-off has happened and has led to a cross market linking effect on the Indian market as well. The US Catalyst: AI "Angst" Hits Wall Street Yesterday and today, the US markets witnessed a "valuation reset." The Nasdaq Composite fell by over 2% , while the Dow Jones slipped back from a psychological 50,000...