Today: 18. Dec, 2024
The United States real estate market has faced a significant downturn, with September home sales dropping to the lowest since the foreclosure crisis in 2010. This dip represents a 2% decrease from August and a 15.4% decline compared to September of the…
In the aftermath of recent profit reports from major U.S. companies and escalating tensions in the Middle East, Wall Street experienced noticeable jitters on Wednesday. The mixed financial results and the fear of war in the region added uncertainty to the markets.…
U.S. stocks rebounded, unwinding some of the previous week’s downturn prompted by concerns over Middle East tensions. The leading indicators demonstrated resilience, with the S&P 500 surging 1% and the Nasdaq Composite jumping 1.2% during the morning session. This surge on Wall…
Financial markets have ridden the roller coaster of fluctuating interest rates for nearly two years. Policymakers at the Federal Reserve have been juggling the problem of managing inflation amidst an environment of rising treasury yields. However, there’s an emerging consensus among experts:…
The U.S. stock market showed robust activity on Tuesday, buoyed by the relaxation of pressure from the bond market. With the S&P 500 on a growth trajectory, other indexes like the Dow Jones Industrial Average and Nasdaq composite also reflected positive momentum.…
In a trading environment tinged with caution, Asian shares essentially witnessed an upward trajectory. This shift can be attributed to the ripples of the United States’ job market concerns. Leading the way, Hong Kong’s Hang Seng surged by an impressive 2.1%, settling…
In a surprising twist this year, gold, the time-tested refuge for wary investors, is experiencing a downturn. With prices settling at their lowest since March, $1,831.80 per troy ounce, many are speculating about the future role of this precious metal in the…
In a surprising turn of events, the demand for mortgages has dropped to its lowest point since 1996, primarily driven by the steep rise in interest rates. As they edge closer to the 8% mark, potential homebuyers and current homeowners looking to…
In the wake of reports pointing to a potential deceleration in the U.S. economy, Wall Street demonstrated mixed trading results on Wednesday. The S&P 500 managed to recuperate slightly with a 0.2% rise by midday, following its previous 1.4% plunge to a…
Wall Street concluded its poorest month and quarter of 2023 on a negative note. The S&P 500 receded 0.3% as earlier gains dissipated, and a significant portion of the stocks in the index declined. The Dow Jones dropped by 158 points (0.5%),…
