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U.S. stocks closed at record highs on Monday, fueled by optimism surrounding potential AI technology and trade pacts. The S&P 500 marked its sixth straight record close, while the Nasdaq also advanced. A new U.S.-EU trade framework was unveiled, though met with some resistance.
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Asian stocks are expected to open lower following Wall Street's pause, as investors await key economic data and earnings reports. Trade deal optimism fades, while the dollar strengthens and Treasuries decline. The Fed's upcoming rate decision and a flurry of economic reports will be crucial for market direction amid political pressure and evolving trade policies.
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Aditya Infotech, a security products manufacturer, is planning an IPO. The company aims to raise funds through fresh equity and an offer for sale. New regulations are expected to benefit Indian manufacturers. Aditya's financials show revenue growth. A recent acquisition boosted net profit. The company's valuation and market position suggest it is suitable for long-term investors.
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