Today: 5. Nov, 2024
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…
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…
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%,…
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…
A recent global survey on retirement safety indicates that numerous Americans anticipate confronting difficult decisions as they age. Here’s a closer look at the five primary challenges to a secure retirement. This year brought a glimmer of hope for retirees worldwide, including…
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…
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…
Ahead of their scheduled meeting in Florida, US President Donald Trump has made his stance on North Korea quite evident to China’s leader, Xi Jinping. With his trademark assertiveness, Trump communicated to the Financial Times that China has two choices: assist the…
Following Wall Street’s significant rally, marking its best day since June as bond market tensions somewhat eased, most Asian stocks experienced a rise on Thursday. The Nikkei 225 in Japan increased by 0.4% during morning trades, reaching 32,146.33. Australia’s S&P/ASX 200 also…
