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US stocks rebound on policy progress

Gulf Today

|

June 09, 2025

The US stock rebound has driven key indexes to the cusp of record levels, with fresh economic data and trade and fiscal policy developments set to test whether equities will get an extra push higher in the near term.

US stocks rebound on policy progress

A monthly US inflation report headlines the events for markets in the coming week. Equities have bounced back from a steep fall in April, sparked by concerns about the economic fallout from President Donald Trump's tariff plans. Stocks ended the week on a high note, with the S&P 500 closing on Friday above 6,000 for the first time since late February, buoyed by a monthly US jobs report that calmed worries about the economy. The benchmark S&P 500 ended on Friday 2.38 off its record closing high from February.

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Gulf Today

Pakistan spin out Lanka for paltry total to claim T20 tri-series final

Pakistan won the Twenty20 tri-series after its spinners baffled Sri Lanka in a six-wicket victory in the final on Saturday.

time to read

2 mins

December 01, 2025

Gulf Today

Aussie batter Head ready to open for team after heroics in first Ashes Test

Head smashed a century in 69 balls, the second fastest in Ashes history, on his way to a match-winning 123 runs after being drafted in as a late replacement for Usman Khawaja, when the regular top-order batter was unable to take to the field

time to read

2 mins

December 01, 2025

Gulf Today

Asif terms speculation on CDF notification 'irresponsible'

Defence Minister Khawaja Asif on Sunday declared that the notification regarding the appointment of Field Marshal Syed Asim Munir as the Chief of Defence Forces (CDF) would be issued “in due course of time,” the process for which had started.

time to read

2 mins

December 01, 2025

Gulf Today

US pushes for control of Swiss investment in trade talks

The US Commerce Department pressed Switzerland during recent trade talks to commit billions of dollars in investments that Washington could allocate at its discretion, but Swiss officials refused, according to two people familiar with the matter.

time to read

1 min

December 01, 2025

Gulf Today

Country united to honour martyrs: Hamdan

Sheikh Hamdan Bin Mohammed Bin Rashid Al Maktoum, Crown Prince of Dubai, Deputy Prime Minister and Minister of Defence, has affirmed that Martyrs' Day is a highly esteemed occasion where the UAE, its leadership, government, and people, stand in reverence and admiration before the sacrifices of men who were true to their covenant with Allah Almighty, choosing the path of heroism, and offering their pure souls as a sacrifice for the nation, to uphold its dignity, and ensure its security and stability.

time to read

1 min

December 01, 2025

Gulf Today

Hong Kong in mourning as fire toll reaches 146

Crowds of mourners gathered on Sunday across Hong Kong including thousands near the apartment blocks that were engulfed in flames earlier this week, killing at least 146 people in the city's deadliest fire in decades.

time to read

1 mins

December 01, 2025

Gulf Today

Gulf Today

Martinez double at Pisa keeps Inter on heels of Serie A leaders Milan

Lautaro Martinez fired Inter Milan to within a point of the Serie A summit with both goals in Sunday's 2-0 win at promoted Pisa.

time to read

1 mins

December 01, 2025

Gulf Today

Gulf Today

Top seed Galfi eyes strong start at Al Habtoor Tennis Challenge

Back after a five-year hiatus, top seed Dalma Galfi has promised to hit the ground running in her opening round encounter against one of the qualifiers at the 28th Al Habtoor Tennis Challenge that got under way at the Habtoor Grand Resort here from Sunday.

time to read

2 mins

December 01, 2025

Gulf Today

Gulf Today

IBPC Dubai's event decodes trends shaping the future of e-invoicing

The Indian Business & Professional Council (IBPC Dubai) has launched a high-impact Taxation and Compliance Series aimed at elevating corporate readiness in an era of rapid regulatory evolution.

time to read

3 mins

December 01, 2025

Gulf Today

Gulf Today

Kutubna Cultural Center to discuss book by Diana Shams on Gaza's mothers

Kutubna Cultural Center, Dubai's newest independent bookstore and cultural centre, is hosting a discussion on A Different Kind of Motherhood, a powerful new work by Palestinian author Diana Shams, who recounts her experiences raising children in Gaza through fire, hunger and fear.

time to read

3 mins

December 01, 2025

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