US stocks experienced a pullback on Friday following recent record highs, influenced by steady inflation data. The S&P 500 dipped 0.5%, while technology shares, particularly Dell, faced declines. Despite inflation remaining above the Fed’s target, expectations for a potential rate cut in September persist, impacting bond yields and market sentiment. Post navigation ‘No major downside’: CEA V Anantha Nageswaran asserts US tariffs’ impact to be short-lived; pegs India’s FY26 GDP at 6.3-6.8% Gunny bag charges: Centre hikes usage rate by 40% to Rs 10.22 per bag; to aid procurement
