Today: 22. Dec, 2024
Asian shares experienced an upswing on Wednesday following Wall Street’s gains, as investors eagerly anticipate the Federal Reserve’s decision on interest rates and updates on the U.S. economy’s current state. “The overwhelming expectation is that the Fed will keep its overnight interest…
The U.S. economy has demonstrated impressive growth in the third quarter, with the Gross Domestic Product (GDP) expected to show a 4.7% annualized gain, as per a Dow Jones consensus estimate. This remarkable performance signals the most substantial output since Q4 of…
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…
The former head of the S&P Sovereign Rating Committee feels the U.S. is in a more precarious position than in 2011 when the agency reduced its credit rating. The looming threat of a government shutdown is again on the horizon for the…
Wall Street experienced an uptick, spurred by numerous reports implying that the U.S. economy remains robust despite looming inflation concerns. By 12:18 p.m. Eastern time, the S&P 500 had advanced by 0.8%, while the Dow Jones had gained 310 points or 0.9%,…
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…
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…
