Today: 17. Dec, 2024
Federal Reserve Chair Jerome Powell’s recent announcement dismissing hopes for a March interest rate cut has reinforced Wall Street’s optimism regarding the stock market. Powell’s observations regarding the economy align with what many bullish investors have been highlighting for months, setting the…
Wall Street is on the brink of securing its 12th winning week out of the last 13 as U.S. stocks continue to hold strong near record highs. In a morning trading session, the S&P 500 edged up by 0.1%, marking the fifth…
Asian markets displayed mixed performance on Thursday, reflecting growing apprehension among investors regarding the likelihood of an immediate interest rate cut in the United States. Japan’s benchmark Nikkei managed to edge up by 0.5% during morning trading, reaching a level of 35,637.01.…
As we usher in the new year, Wall Street is buzzing with anticipation about which stocks are set for impressive growth in 2024. One emerging trend that’s capturing the attention of investors is the projected outperformance of small-cap growth stocks. Fueled by…
Wall Street experienced a day of mixed signals and fluctuating fortunes as stocks hovered near record levels, oil prices surged, and bond yields eased. The S&P 500, still within 0.3% of its all-time high set two years ago, remained virtually unchanged, while…
Wall Street’s latest movements reflect a cautious optimism as investors and traders await a crucial inflation report. The anticipation for this report is high, as its outcome could either confirm or negate the recent upswing in stock market optimism that emerged at…
The year 2023 emerged as a period of financial astonishment, defying the gloomy predictions of many Wall Street experts. As the year unfolded, the stock market experienced an extraordinary surge, contradicting the prevalent expectation of a continued downturn following a dismal 2022.…
As Wall Street embarked on a new week, investors were navigating through a mix of rising and falling stocks, with the S&P 500 inching up by 0.2% and the Nasdaq composite gaining 0.6%. However, the Dow Jones Industrial Average dropped by 166…
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…
