U.S. stocks rallied on Friday to close out their dreary February on a brighter note. The S&P 500 jumped 1.6% to trim its loss for the month, enough to make it the worst only since December instead of since April.

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A global selloff in equities was set to continue from Asia into Europe, while the dollar strengthened and Treasury yields edged lower as investors shunned risky bets with President Donald Trump ratcheting up tariffs.

Trump cares about the stock market” but “if the market doesn't see Trump moving towards more market-friendly policies, the level of trust could continue eroding,” according to Bank of America.

The Indian government on Thursday appointed Finance Secretary Tuhin Kanta Pandey as chief of the country's market regulator, replacing Madhabi Puri Buch, whose terms ends this month.

The government appointed Finance Secretary Tuhin Kanta Pandey as the new chairman of the Securities and Exchange Board of India (SEBI). Pandey will be at the helm of the markets regulator for an initial term of 3 years.

Tuhin Kanta Pandey has been appointed the new chief of the Securities and Exchange Board of India (SEBI). Tuhin, who was the Finance Secretary, will have a term of three years and will replace the current SEBI Chief Madhabi Puri Buch,