Today: 5. Nov, 2024
The average mortgage rate has hit its lowest point in over a year, thanks to a weaker-than-expected employment report. The popular 30-year fixed mortgage rate dropped by 22 basis points to 6.4% on Friday, the lowest since April 2023, while the 15-year…
Wall Street remained essentially flat before the opening bell today as the latest quarterly earnings from banks and new inflation data presented a mixed picture for investors. Market Overview Futures for the S&P 500 were unchanged, while futures for the Dow Jones…
In a market environment fraught with mixed signals, U.S. stocks continue to waver near their record highs. On Tuesday, the S&P 500 inched up by 0.1% after reaching its 30th all-time high of the year just the day before. The Dow Jones…
The S&P 500, the world’s most-watched stock index, reached an all-time high on Friday, marking its first record since January 2022. This milestone has left many investors questioning whether it signals the start of a new bull market, given the challenging economic…
Asian markets displayed mixed performance on Thursday, reflecting growing apprehension among investors regarding the likelihood of an immediate interest rate cut in the United States. Japan’s benchmark Nikkei managed to edge up by 0.5% during morning trading, reaching a level of 35,637.01.…
Asian markets experienced a downturn, echoing a calm yet mixed session on Wall Street. This decline was marked by significant losses in key financial hubs, with benchmarks in Hong Kong, Tokyo, and South Korea’s Kospi retreating noticeably. The bond market’s behaviour, particularly…
As the leaves turn and the air chills, November arrives with a reputation as the harbinger of good tidings for stock market investors. Historically celebrated as the strongest month for stocks, this November is shaping to continue that legacy. “November is typically…
The stock markets in Asia faced a significant decline, with shares skidding on Thursday following the Wall Street tumble. This descent was fueled by the bond yields’ tightening grip coupled with mixed earnings reports from some of the most influential U.S. companies.…
The UK’s pension landscape is transforming as funds hurry to sell off unlisted assets, occasionally at significant markdowns. This rush is primarily attributed to their overexposure to the opaque $12 trillion global private market. As regulators scrutinize the actual worth of diverse…
After enduring a difficult period, Wall Street saw a modest uptick on Friday, though it still marks the third consecutive week of losses. Midday trading showed the S&P 500 increasing by 0.5%, partially recovering from a significant decline spurred by investor concerns…
