Global stock markets are falling as inflation and economic concerns remain
Global stock markets are falling as inflation and economic concerns remain On Thursday, global shares slumped to an 18-month low, as investors worried that rising inflation would endure, forcing central banks to continue tightening monetary policy. Stocks in the United States closed a choppy session marginally down, as investors juggled concerns over lingering inflation with […]
NASDAQ is down more than 3% as investors are disappointed by US inflation statistics
NASDAQ is down more than 3% as investors are disappointed by US inflation statistics After U.S. inflation statistics failed to ease investor concerns about interest rates and the economy, US equities closed substantially lower on Wednesday, with the NASDAQ plunging more than 3% and the Dow plummeting for the fifth day in a row. The […]
Dow falls for the fourth day in a row
Dow falls for the fourth day in a row On Tuesday, the market fluctuated between gains and losses as concerns about inflation, interest rates, and the economy weighed on investors. The NASDAQ Composite, which is heavily weighted in technology, was up 2.8 percent at one point. Stocks had virtually lost those gains by late morning, […]
Dollar rises as equity markets are jolted by nervousness
Dollar rises as equity markets are jolted by nervousness The dollar started the week on a solid note, bolstered by dramatically increasing US yields and investors’ flight to safety as Chinese lockdowns, conflict on the outskirts of Europe, and fear of higher interest rates pushed markets into a frenzy. In early trade, the US dollar […]
Stocks drop in a dramatic reversal earlier in the session; the Nasdaq is down 5%.
Stocks drop in a dramatic reversal earlier in the session; the Nasdaq is down 5% US equities fell on Thursday, giving back gains made on Wall Street the day before, as traders continued to mull over the Federal Reserve’s latest monetary policy decision. The S&P 500, Dow, and NASDAQ all fell precipitously. Tech stocks underperformed, […]
Markets rally after Powell downplays the possibility of any larger rate hikes
Markets rally after Powell downplays the possibility of any larger rate hikes The market – Dow Jones Industrial Average gained more than 900 points, and the S&P 500 gained the most in two years, as Federal Reserve Chair Jerome Powell downplayed the chance of an even greater interest rate hike after announcing the steepest rate […]
Stocks increase for the second day in a row ahead of the predicted Fed move
Stocks increase for the second day in a row ahead of the predicted Fed move U.S. stocks climbed marginally as investors awaited a key Federal Reserve decision. The S&P 500 increased 0.48 percent to 4,175.48. The Dow Jones Industrial Average closed at 33,128.79, up 67.29 points, or 0.20 percent. The NASDAQ Composite, which is heavily […]
Wall Street falls as the Fed’s attention shifts, and 10-year Treasuries surpass 3%
Wall Street falls as the Fed’s attention shifts, and 10-year Treasuries surpass 3% Wall Street’s main indexes fell on Monday, giving up early gains in tragic trade, as investors became more cautious ahead of this week’s Federal Reserve meeting, when officials are largely anticipated to hike interest rates. In addition to the weakening in […]
Could eBay’s fortunes shift on a dime as a result of Amazon’s poor performance?
Could Amazon’s bad performance cause eBay’s stocks to turn on a dime? Amazon’s (AMZN) first-quarter earnings miss and weaker-than-expected second-quarter outlook, released after the market closed on Thursday, could present an attractive investment opportunity in another retailer. I’m looking at eBay (EBAY) in particular. AMZN shares were down roughly 8.5 percent and eBay’s stocks […]
Wall Street closes strongly higher, with Meta and Apple leading the way
Wall Street closes strongly higher, with Meta and Apple leading the way On Thursday, Wall Street finished substantially higher. Meta Platforms released a good quarterly report and growth sectors and easing concerns about the US economy’s first-quarter loss. The parent company of Facebook jumped 17.6% as the social network posted higher-than-expected earnings and returned from […]
The NASDAQ has suffered its worst loss since 2020
The NASDAQ has suffered its worst loss since 2020 Sectors on Wall Street finished broadly lower on Tuesday, led down by steep drops in Big Tech stocks, which sent the NASDAQ to its lowest level since September 2020. Investors are busy analyzing the latest round of corporate earnings, with some of the country’s largest corporations […]
To jubilant applause and suspicions of a ‘free speech’ scheme, Musk acquires Twitter for $44 billion
To jubilant applause and suspicions of a ‘free speech’ scheme, Musk acquires Twitter for $44 billion On Monday, Elon Musk agreed to buy Twitter Inc for $44 billion in cash, transferring ownership of the social media network used by millions of people and world leaders to the world’s richest person. It’s a watershed moment […]
On Sunday, stock futures fell as Wall Street prepared for a hectic results week
On Sunday, stock futures fell as Wall Street prepared for a hectic results week As investors pondered the probability of higher interest rates, U.S. stock futures dipped on Sunday night, snapping a four-week losing skid for the Dow Jones Industrial Average. Wall Street is also anticipating a busy week of earnings, which will include […]
Dow, NASDAQ erase gains as Fed officials hint faster tightening amid high inflation
Dow, NASDAQ erase gains as Fed officials hint faster tightening amid high inflation On Tuesday, Wall Street reversed previous gains as the Federal Reserve’s expected monetary tightening dragged growth stocks back into negative territory. Early in the afternoon, all three main U.S. stock indexes turned negative, driven down by healthcare and financials. The reversal began […]
GBPUSD, XAUUSD Remains under pressure
GBPUSD, XAUUSD Remains under pressure Ongoing turns of events and remarks from bank authorities – as opposed to the inexorably hawkish Fed – presently highlight extremely restricted GBP potential gain based on domestic drivers. The UK’s typical cost for many everyday items emergency, with genuine dispensable salaries set to decline this year by the most […]
Market News: EUR/USD, GBP/USD, AUD/USD, USD/JPY
JPY:- Adjusted Current Account, it measures Difference in value between imported and exported goods, services, income flows, and unilateral transfers during the reported month. Forecast 0.27T AUD:- RBA Financial Stability Review, It’s an assessment of conditions in the financial system and potential risks to financial stability – the evidence on strains and imbalances can provide […]
Following Thursday’s rally, stock futures are barely changed as investors examine the Federal Reserve’s objectives
Following Thursday’s rally, stock futures are barely changed as investors examine the Federal Reserve’s objectives On Thursday night, U.S. stock futures were barely changed after the main averages made a late-day recovery as investors assessed the chances of the Federal Reserve tightening monetary policy to battle inflation. Futures for the Dow Jones Industrial Average […]
Stocks in the US fell in turbulent trade as the Federal Reserve announced a $95 billion monthly balance sheet reduction
Stocks in the US fell in turbulent trade as the Federal Reserve announced a $95 billion monthly balance sheet reduction In a bumpy trading day on Wednesday, US equities sank after minutes from the Federal Reserve’s most recent meeting revealed intentions to decrease its balance sheet by $95 billion each month. A total of $60 […]