Today: 21. Nov, 2024
The onset of 2024 sees Wall Street cautiously optimistic, with markets ticking modestly higher in the premarket, signalling potential first gains of the year. This upward movement comes amidst a global economic landscape fraught with challenges and uncertainties. Market Movements and Investor…
The year 2024 has begun with a notable shift in Wall Street’s trajectory as significant stock indices retreat from the impressive gains achieved in the previous year. This downward trend, observed in the early trading sessions of the year, reflects a cautious…
As 2023 draws to a close, Wall Street is poised for a winning week despite the calm of holiday trading. The S&P 500 and the Dow Jones Industrial Average, two of the most watched market indices, are holding onto their gains with…
2023 marked a notable rebound for the US stock market, ending a persistent decline phase. Stocks have completed their strongest month of the year and signalled a significant recovery across major indexes. The S&P 500’s resurgence, nearing its mid-summer peak, reflects a…
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…
Investors are in a heightened state of unease. The Fear and Greed Index from CNN, which monitors seven market sentiment indicators in the US, slid into a zone of “profound apprehension” this past Thursday. This sentiment hasn’t been seen since last March…
The AI-driven narrative has significantly boosted chipmaker stocks in 2023. However, the recent decline in these shares has been influenced by escalating tensions between the US and China. Huawei, the Chinese tech giant, recently unveiled its contentious Mate 60 Pro model. This…
Wall Street was seeing a mild uptick on Friday. However, the rise wasn’t significant enough to deviate from its trajectory toward its first weekly dip in three weeks. In midday trading, the S&P 500 climbed by 0.3% after a consecutive three-day fall.…
Wall Street stocks experienced a downturn on Wednesday morning, perpetuating a slump in this holiday-shortened week. The S&P 500 dipped by 0.7%, with a marginally greater number of companies declining than advancing within the index. By 10:46 a.m. Eastern, the Dow Jones…
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…
