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U.S. stocks plummeted on Wednesday as Treasury yields surged amid concerns over the potential increase in U.S. government debt due to President Trump's proposed tax-cut bill. All major Wall Street indexes experienced their largest daily losses in a month, with small-cap stocks also suffering significant declines.
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News and Media
Asian stock markets saw a decline following Wall Street's losses. Concerns about the United States' deficit impacted investor sentiment. Treasury yields rose, particularly for long-term debt. Weak demand at a bond auction heightened worries about US borrowing. This development dampened the recent recovery in risk assets. The market is reacting to deficit concerns and budget debates.
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News and Media
After a three-month lull, India's primary equity market is rebounding, with seven companies launching IPOs in May and more planned for June. This resurgence is fueled by a stabilizing secondary market, easing geopolitical tensions, and successful block deals. Investor confidence is returning, and the market favors companies with strong fundamentals and realistic valuations, signaling sustained growth.
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News and Media
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