Sruthi Shankar is a Correspondent at Reuters, covering financial markets with a focus on commodities, futures, and trading. Her reporting often delves into key topics such as inflation and major indices like the S&P and NASDAQ, particularly in relation to the United Kingdom. Sruthi's work has been featured in a wide array of publications, including Yahoo Finance UK, The Age, and The Sydney Morning Herald.
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Sruthi Shankar's coverage is heavily focused on investment analysis and cited data, particularly related to the stock market, Wall Street, US stocks, interest rates, and inflation data. She seems interested in providing insights into market trends and performance.
If you're looking to reach out effectively to Sruthi Shankar, consider offering informed perspectives on upcoming changes in interest rates or their potential impact on specific sectors of the stock market. Additionally, if you have access to relevant datasets or can provide detailed investment analyses with actionable insights based on current economic conditions and market trends it could be appealing for her audience.
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By: Stella Qiu, Sruthi Shankar
China's big stimulus steps have helped nudge global stocks to all-time highs, while the yen firmed sharply against the dollar after Japan's former defence minister Shigeru Ishiba looked set to become the next prime minister.
Nvidia dethroned Apple as the world's most valuable company on Friday, following a record-setting rally in the stock powered by an insatiable demand for its new supercomputing AI chips.
By: Lisa Mattackal, Sruthi Shankar, Medha Singh, Pooja Desai
NASDAQ-Adv: 1,962 Dec: 2,306 NYSE-Adv: 1,427 Dec: 2,541 (Source: Nasdaq)
By: Lisa Pauline Mattackal, Sruthi Shankar
(Reuters) -Wall Street's main indexes surged on Friday, rebounding from the previous session's selloff as Amazon's strong earnings countered Apple's weaker China sales as well as a significant drop in U.S. jobs growth in October.
UK stocks edged higher on Thursday, with luxury firm Burberry leading gains in the mid-cap index after unveiling a turnaround plan, while declines in mining stocks kept overall gains in check.
By: Sruthi Shankar
(Reuters) -UK stocks rose on Thursday, with luxury firm Burberry leading gains in the mid-cap index after unveiling a turnaround plan, while investors awaited speeches from finance minister Rachel Reeves and Bank of England chief Andrew Bailey. Burberry rallied almost 19%, logging its biggest single-day percentage gain, after it announced a turnaround plan to win back customers by focussing on trench coats and scarves and be less ambitious with prices on bags and shoes.
The main UK stock indexes eased on Tuesday from multi-week highs after U.S. President-elect Donald Trump's latest tariff proposal for some of the country's biggest trading partners sparked risk-off moves across global markets.
(Reuters) -European stocks dipped on Thursday, as investors braced for a rate cut from the European Central Bank and awaited hints on policy moves next year as the euro zone economy struggles with slowing growth and heightened political risks. Rate-sensitive euro zone bank shares rose 0.4%. The ECB is expected to cut interest rates again, with traders pricing in an 81% chance of a 25 bps reduction and a 19% chance of a 50 bps cut, as euro zone inflation nears target and the economy falters.
By: Carolina Mandl, Johann M Cherian, Sruthi Shankar
The S&P 500 and the Nasdaq Composite rose on Monday, boosted by a rally in semiconductor stocks and a report that suggested the incoming Trump administration could adopt a less aggressive tariff stance than expected.
By: Johann Cherian, Carolina Mandl, Sruthi Shankar
US stocks have closed higher as investors digest media reports about the potential policies of Donald Trump's incoming...
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