Today: 2 July 2026

India-US trade deal gets March target as GST sleuths net suspects and an ITC meme captures market nerves

India-US trade deal gets March target as GST sleuths net suspects and an ITC meme captures market nerves

India and the United States aim to finalize a formal trade agreement in March, Trade Minister Piyush Goyal announced, marking the first official timeline for a deal that would slash U.S. tariffs on Indian exports from 50% down to 18%. The timing is crucial as the deal now directly influences India’s growth prospects and market sentiment, following weeks of tariff swings and recent tax tweaks domestically. Investors are scrambling to decode what “18%” actually implies across different sectors, even as enforcement agencies step up efforts to plug leaks in the goods and services tax system.
6 February 2026
Strategy’s $12.4B Bitcoin Loss Puts Its ‘Never Sell’ Bet Under Fresh Pressure

Strategy’s $12.4B Bitcoin Loss Puts Its ‘Never Sell’ Bet Under Fresh Pressure

Strategy, the bitcoin-focused company that used to be MicroStrategy, posted a $12.4 billion net loss for Q4, hit hard by the sharp plunge in crypto prices. The numbers have gained new weight as accounting changes now cause bitcoin’s daily swings to impact reported earnings more sharply, ramping up volatility for firms holding crypto as a treasury asset. Investors are reevaluating the trade amid bitcoin’s pullback and persistent volatility in funding costs.
6 February 2026
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Wall Street Feels the Heat (and Thrill): Fed Cuts, Tariffs & Mega-Mergers Set NYSE Buzz

Stock Market Today 06.02.2026

LIVEMarkets rolling coverageStarted: February 6, 2026, 12:00 AM ESTUpdated: February 6, 2026, 11:59 PM EST BlackRock Bitcoin ETF Options Spark Record Activity Amid Crypto Sell-Off February 6, 2026, 11:51 PM EST. BlackRock's spot bitcoin exchange-traded fund (ETF) saw a sharp 13% drop to its lowest since October 2024, triggering record options activity. On Thursday, options volume surged to 2.33 million contracts, with put options, which offer downside protection, surpassing calls. Buyers paid a record $900 million in premiums, reflecting intense demand for protection amid market volatility. Some analysts suggest a hedge fund blowup forced forced liquidation of call options, adding
6 February 2026
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Stock Market Today

  • AI and Chip Stocks Fall as Market Takes a Hit
    July 2, 2026, 7:27 AM EDT. AI and semiconductor shares dropped, putting pressure on the wider market. Chip names, key plays in tech and AI, are usually seen as a market sentiment gauge. If losses keep up in these sectors, it could point to deeper worries for investors and shake confidence more broadly.
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