LIVE | Trump Announces Tariffs On Generic Drugs | US Markets Rally Despite Oil Surge | Opening Bell Liverpool Transfer News [gSB9PyAvyFV]
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US markets ended higher despite rising oil prices and continued geopolitical tensions in the Middle East. Strong earnings from 3M and General Motors boosted investor sentiment, while club cole prive chip stocks led the rally ahead of results from Tesla, Alphabet, IBM and ServiceNow.
Meanwhile, President Donald Trump announced tariffs on generic drug imports, adding a new dimension to global trade aaron rodgers concerns. Oil prices climbed to a five-week high as the US-Iran conflict remained in focus, with Brent crude crossing $92 per barrel.
In India, Nifty continues to consolidate near 24,200 while midcaps remain resilient on strong earnings. FIIs stayed net buyers, and several heavyweight companies including Dr Reddy's, Nestle India, IndusInd Bank, BPCL and HPCL are set to announce their quarterly results today.
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