
CNBC International
January 31, 2025 at 07:53 AM
*Indian markets await budget*
India’s Nifty 50 index climbed around 0.8% ahead of the country’s Union Budget on Saturday, in which the government has to balance fiscal prudence with economic stimulus.
➡️ https://cnb.cx/3WCiqKr
*Slower-than-expected U.S. economic growth*
U.S. GDP expanded by a lower-than-expected 2.3% on an annualized and inflation-adjusted pace in the fourth quarter of 2024, according to the U.S. Commerce Department.
➡️ https://cnb.cx/3PXsBFz
*Samsung Electronics’ operating profits take a hit*
Samsung Electronics’ fourth-quarter revenue rose 12% from a year earlier, beating LSEG estimates. Operating profit jumped 130% Y-o-Y but slumped nearly 30% on a quarterly basis.
➡️ https://cnb.cx/42DehJU
*[PRO] As goes January, so goes the year*
With one trading day left in January, the S&P is higher by 3.2% for the month, putting it on course to signal gains for the rest of 2025.
➡️ https://cnb.cx/4jHVW4H
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