Global Market Update: Mixed Reactions as Wall Street Wraps Up Strongest Week of the Year
European Stocks Open Higher European markets opened on a positive note following Wall Street’s strong finish last week. Key indices showed gains as investor confidence remained strong across the region: Asian Markets React to China’s Stimulus Package Asian markets saw mixed results as China’s recently announced stimulus package failed to meet investors’ high expectations: China’s […]
Jefferies’ Chris Wood Shifts Strategy: Reduces India Exposure, Increases China Allocation Amid Geopolitical Tensions
Christopher Wood, the global head of equity strategy at Jefferies, has reduced his exposure to Indian equities by one percentage point as of October 2, 2024, amidst increasing domestic market volatility. Despite this adjustment, Wood maintains an ‘overweight’ position on Indian markets, reflecting his continued optimism for long-term gains. Increased Weight on China Amid Rallies […]