Federal Reserve Chairman Jerome Powell indicated that interest rates could remain high for a while longer, although stock market futures point to a positive opening on Wall Street. Inflation in the United Kingdom has fallen again, while chipmaker ASML announced strong sales in China. Federal Reserve Chairman’s speech The possibility that the Federal Reserve (Fed) […]
U.S. stock index futures are trading mixed on Tuesday, with investors monitoring ongoing geopolitical tensions in the Middle East, rising bond yields, and the active quarterly earnings season. Wall Street’s major indexes posted significant losses on Monday, extending last week’s declines, as a series of bearish signals prompted investors to take profits following the strong […]
U.S. stocks rallied on Monday, showing signs of recovery after last week’s significant losses, supported by strong earnings from banking giant Goldman Sachs. In today’s trading, the Dow Jones Industrial Average was up 1%, while the S&P 500 was up 0.8% and the NASDAQ was up 0.5%. Goldman Sachs attracts attention with its profits Wall […]
U.S. stocks fell on Friday after disappointing results from several of the country’s major banks raised uncertainty about the strength of the upcoming earnings season. U.S. stock markets fell after big banks disappointed with their quarterly results. The major banks presented their results Shares of JPMorgan Chase (JPM) fell nearly 4% after the banking giant […]
The U.S. core inflation index beat estimates for the third consecutive month, a persistent sign of price pressures that will likely delay any interest rate cut by the Federal Reserve (Fed) until later this year. The underlying consumer price index, which excludes energy and food, rose 0.4% from February, according to data released by the […]
Federal Reserve (Fed) policymakers continue to express their stance on possible interest rate cuts in anticipation of the release of key inflation-related data. Taiwan Semiconductor Manufacturing has hit new highs, while HSBC has seen its shares fall after selling its Argentina unit. Here are the five most important issues to watch for this Tuesday, April 9. […]
U.S. stocks are higher on Monday, recovering from last week’s decline, with investors looking ahead to the release of the latest inflation reading as well as the start of earnings season for the first quarter. Wall Street started this week with positive numbers following last Friday’s gains, which exceeded expectations for non-farm payrolls. This recovery […]
All attention is focused on the release of the expected U.S. monthly employment report, looking for clues as to when the Federal Reserve (Fed) will begin cutting interest rates. Apple (AAPL) has reported its first job cuts since pandemic times, while Treasury Secretary Janet Yellen is visiting China. Here are the five most important things to […]
U.S. stocks opened higher on Thursday after disappointing weekly jobless claims data raised the possibility of early interest rate cuts by the Federal Reserve (Fed). Fed Chairman Jerome Powell has given few clues related to rate cuts as the non-farm payrolls report approaches. The number of Americans filing for unemployment benefits increased more than the […]
Xiaomi launched its first electric vehicle, the SU7, which led to a 15% increase in its shares. The vehicle is priced $4,000 less than the Tesla Model 3 and offers a longer range. Demand for the SU7 was immediate and overwhelming, with more than 50,000 orders placed within almost half an hour of launch, resulting in […]
