US President Trump secured a deal giving the US a 35% stake in a private firm developing Venezuelan oil fields, sparking industry concerns over competition and disrupted talks.
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US President Trump secured a deal giving the US a 35% stake in a private firm developing Venezuelan oil fields, sparking industry concerns over competition and disrupted talks.
Investors will now turn to next week's US inflation data for fresh clues on the Fed's upcoming rate decision.
After the opening bell, the Dow Jones Industrial Average was down 0.17%, Nasdaq Composite started the session 0.3% higher, while S&P 500 stood flat.
Among major chip stocks, SanDisk rose the most, up 6%, followed by Micron, trading 4.27% higher. SK Hynix climbed 3.95%, while Intel advanced 3.37%.
The US 10-year Treasury yield recently climbed to elevated levels as investors weighed heavy government borrowing, resilient economic growth.
Nasdaq 100 futures advanced 0.41%, Dow Jones Industrial Average futures was marginally down 0.08%, while S&P 500 futures was up 0.03%.
Among sectors, Nifty IT, Nifty Realty, Nifty Media and Nifty Oil & Gas sectors traded higher, while losses were seen in Nifty Auto and Nifty FMCG sectors.
Victoria's Secret posted 10% sales growth in Q2 and raised full-year guidance, leaning on new bras, revived fragrances, and its Fashion Show for Q3 profit.
AI is splitting into two competing blocs as China controls critical minerals while the West dominates chips and AI technology. Here's what it means for India.
The gains across Asian markets came after all three major US stock indexes closed more than 1% higher on Thursday.
The S&P 500 is projected to swing just 0.7% in either direction on Friday, in line with the average realized move on jobs-report days over the past 12 months, options-market data compiled by Citigroup show.
Brent crude was trading around $96 a barrel and was up more than 7% for the week, while West Texas Intermediate was near $92.