Gold rises on weaker dollar; traders weigh Middle East pause, Fed outlook
U.S. stock-index futures rallied and oil prices tumbled on Sunday as the U.S. and Iran took a pause from fighting, and as Wall Street gears up for the Fed’s meeting and key earnings reports from Big Tech companies.
China’s months-long antitrust probe into Trip.com Group Ltd. ended with a multi-billion-yuan penalty on the nation’s largest online travel agency, but the action does little to ease the fierce price wars gripping the domestic hotel sector.
Selling by retail investors could limit potential upside in the Nifty benchmark.