Stocks Mixed Before Next Week’s Fed Rate Report

Gold Silver Reports – U.S. stocks ended mixed Thursday, as industrial and tech gains were offset by losses in the consumer and energy sector. Ten-year Treasury yields steadied after briefly sinking below 2.80 percent as traders look forward to next week’s Federal Reserve policy decision.    

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Stocks Slump as Traders Await Next Week’s Fed Move

US Federal Reserve

Gold Silver Reports (GSR) INDIA – Stocks Slump as Traders Await Next Week’s Fed Move — U.S. stocks fell for the third straight day after lackluster retail sales figures fanned concern that consumer spending is cooling, while traders awaited next week’s rate decision by the Federal Reserve. Ten-year Treasury yields tightened.

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Exclusive: Banks Seek RBI Exemption On SDR Accounts

Gold Silver Reports (GSR) – Banks have approached the Reserve Bank of India seeking an exemption from classifying accounts which were under the erstwhile strategic debt restructuring scheme as non-performing assets, two bankers with knowledge of the matter said.

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