Today: 5. Jul, 2024
As Wall Street anticipates a week teeming with crucial economic updates, early trading saw a slight retreat. The S&P 500 dipped by 0.3% on Monday morning, accompanied by the Dow’s 33-point fall and the Nasdaq composite’s 0.4% decrease. With upcoming reports 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…
Asian markets experienced a downturn, echoing a calm yet mixed session on Wall Street. This decline was marked by significant losses in key financial hubs, with benchmarks in Hong Kong, Tokyo, and South Korea’s Kospi retreating noticeably. The bond market’s behaviour, particularly…
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…
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…
In its latest crackdown on unfair fees, the Biden administration announced on Tuesday that it would propose new rules for retirement plan providers, closing loopholes that have long allowed the industry to prioritize profit over customers. These rules aim to rectify 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 stock markets in Asia faced a significant decline, with shares skidding on Thursday following the Wall Street tumble. This descent was fueled by the bond yields’ tightening grip coupled with mixed earnings reports from some of the most influential U.S. companies.…
Positive news to Wall Street as corporate profits surpassed forecasts, and a decrease in oil prices provided a much-needed respite for the market. Verizon, General Electric, and other significant players in the corporate world reported substantial profits for the summer, much to…
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.…
