Today: 21. Dec, 2024
Wall Street showed mixed signals on Monday as the rise in oil prices continued, intensifying concerns about inflation. In the afternoon, the S&P 500 experienced a slight increase of 0.2% after its consecutive losses over the last two weeks. The Dow Jones…
Asian stocks mostly saw a drop, even with Wall Street’s significant boost from tech giants, as the market’s eyes turn to the forthcoming U.S. consumer price data set to be released later this week. Japan’s Nikkei 225 saw an uptick of 0.7%…
Asking prices for homes in the UK saw a further dip, intensifying concerns about the housing market’s downturn, especially after Crest Nicholson issued a profit alert. Meanwhile, in a move that caught most economists off guard, China’s central bank reduced one of…
Evergrande Group, China’s emblematic property giant and at the heart of the country’s real estate turmoil, has turned to US courts for bankruptcy protection. The move is aligned with Chapter 15 of the US bankruptcy law, aiming to safeguard its American assets…
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 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.…
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…
The Finance Ministry of Japan has issued a public request to X, formerly known as Twitter and currently owned by billionaire Elon Musk, to delete a fraudulent account imitating their chief currency diplomat, Masato Kanda. In a rare English-language post on the…
