Today: 16. Nov, 2024
As Wall Street wrapped up its recent gains on Monday, the financial world now turns its attention to a series of pivotal reports on the job market due this week. These insights could play a crucial role in shaping the Federal Reserve’s…
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 a welcome change of pace, Wall Street witnessed a notable uptick in morning trading on Wednesday, buoyed by a series of positive updates from leading U.S. corporations, most notably General Motors (GM). This surge, characterized by broad gains across various sectors,…
As Wall Street retreated from its recent rally, observers noted a modest decline in early trading on Tuesday. Despite vaulting to its highest level since early August, the S&P 500 dipped by 0.3%, indicating a rare faltering in a robust period for…
The U.S. stock market displayed a mixed demeanour, encapsulated by the S&P 500’s narrow triumph, marking its eighth consecutive win—a streak not seen since November 2021. Despite the sparse economic data, the week was buzzed with corporate earnings reports, keeping investors on…
As Wall Street continues to navigate through a period of economic uncertainty, the stock market exhibits a mix of modest gains and losses. Thursday’s trading session revealed a Wall Street caught in a state of neutrality, with the S&P 500 slightly down…
Wall Street just had a week to remember. As the best week of 2023 for the financial markets drew close, investors received more than they bargained for—a jobs report suggesting a slowdown that could signal a shift in Federal Reserve policy. The…
Wall Street is exhibiting signs of recovery after its recent downturn, where it fell 10% below its summertime high. The S&P 500 has seen a 0.7% rise in its first trading after the drop, with the Dow Jones Industrial Average experiencing a…
The global financial landscape experienced a significant shift as Asian shares took a step back, reacting to the potential rise of the U.S. 10-year Treasury yield to 5% for the first time since 2007—this prospective increase further pressures Wall Street, with U.S.…
The market landscape is witnessing significant shifts as long-term Treasury yields reach levels not seen since the Great Recession, impacting various sectors of the economy, including the housing market and consumer loans. As 10-year Treasury yields flirt with 5% and mortgage rates…
