Today: 16. Nov, 2024
Stocks in Europe and Asia experienced a rise on Monday, influenced by reports suggesting a possible slowdown in the robust US job market. This raised hopes about potential moderation in interest rate increments. The DAX in Germany moved up by 0.7% reaching…
The stock market has witnessed a surge in home builder stocks as many Americans are increasingly preferring new constructions over the traditionally expensive existing housing market. The US has seen a rise in mortgage rates over the last year, driven by the…
Asian stock markets displayed a varied trend on Friday, with investors keenly awaiting the release of the US jobs data later in the day. In morning trades, Japan’s Nikkei 225 advanced by 0.6% to reach 32,820.80, while Australia’s S&P/ASX 200 declined by…
Wall Street remains stable, anticipating potential market-defining events later this week. The S&P 500 dipped slightly by 0.1% around midday, following an uncommon rise in August, driven primarily by major tech stocks on Monday. As of midday Eastern time, the Dow Jones…
Currently, US Treasury rates are surging. This spells trouble for the stock market and potential homebuyers. Recently, the US 30-year Treasury bond yield soared to its peak since 2011, while the 10-year note saw its best performance since October 2022. When bond…
Asian markets predominantly dipped on Friday, influenced by the upsurge in Wall Street bond yields, sparking concerns about persistent high-interest rates in the U.S. July’s data from Japan highlighted a 3.1% year-on-year consumer price increase, slightly down from June’s 3.3%, but surpassing…
Wall Street witnessed a tentative drift, with stocks showing a mixed response, following a decline the previous day amidst a turbulent August. By midday, the S&P 500 was slightly down by 0.1%, extending its 1.2% drop from the prior day. The Dow…
Monday saw Wall Street trending upwards in anticipation of reports that will measure the vigour of U.S. consumers. There’s optimism that continued consumer spending might avert an economic downturn. By midday, the S&P 500 had climbed 0.4%, returning from an initial dip.…
Asian stock indices predominantly saw a downturn on Thursday, following a dip in Wall Street shares, as the market readied itself for a critical U.S. inflation report. The U.S. will later unveil its latest monthly inflation statistics. Analysts project an inflation rise…
Increasing apprehensions about banks and the broader world economy prompted stocks to decline in major markets. By midday, the S&P 500 had decreased by 1.1%, marking its potential fifth downturn recently. Concurrently, the Dow Jones was down 1% or 345 points at…
