Market Pulse: Key triggers to watch before the September 25 trading session
US Treasury yields are hitting multi-year highs, keeping pressure on US stocks as expectations of another Federal Reserve rate hike grow. In a relief for markets, US unemployment benefit claims fell to their lowest level since July, while new-home sales rose at their fastest pace this year.On the geopolitical front, Iran warned that the war could spread to the Indian Ocean and beyond, adding to concerns over crude oil prices, which rose to $106 a barrel. In India, SEBI’s latest regulatory changes could affect stocks in the wealth management, commodity exchange and REIT sectors.
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