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Global indices post steady finish as investor sentiment strengthens
Markets edged higher as US indicators and sentiment supported Fed cut expectations, while India conducted mock sessions ahead of upcoming market operations.
Markets closed the week with incremental gains as the Dow rose 104 points to 47,954.99, the S&P 500 reached 6,870.40, and the Nasdaq advanced to 23,578.13. Improved consumer sentiment at 53.3 boosted expectations of an 87.2% probability of a 25-basis point Fed rate cut. Meanwhile, India’s BSE prepared for mock trading across equity, derivatives, commodities, and currency as it readied systems.