U.S. stocks futures increased on Wednesday as the rapid rise in the 10-year Treasury yield eased. Notably, it led investors to buy some beaten-up tech stocks on the dip. Futures on the Dow Jones Industrial Average surged 200 points or 0.6%. Meanwhile, S&P 500 futures increased 0.7%, while Nasdaq-100 futures recovered by 0.9%. In the …
U.S. stocks futures rose as 10-year Treasury yield dip Read More »
European stocks retreated on September 28 as global investors monitored a rise in U.S. bond yields and Chinese growth concerns. Notably, the pan-European Stoxx 600 declined 1.3% by early afternoon, with tech stocks falling 3.6% to lead losses while oil and gas stocks surged 1.5%. Asian stocks were mostly down in Tuesday trade, as various …
European stocks retreated; U.S. bond yields soar Read More »
Gold prices dipped on Tuesday, pushed down by a stronger dollar. Rising U.S. Treasury yields increased as investors expected additional clues from Federal Reserve officials about the central bank’s monetary policy shift. By 0115 GMT, spot gold was down 0.1 percent to $1,748.01 per ounce, while U.S. gold futures were down 0.3 percent to $1,747.50. …
According to a closely watched business survey, severe shortages of workers and supplies have hardly hit Britain’s economy. Notably, economic growth in the United Kingdom has been dragged down to the weakest levels since COVID-19 pandemic restrictions were eased in March. Remarkably, the latest data from IHS Markit and the Chartered Institute of Procurement and …
The UK economic growth slows to weakest since March Read More »
Gold prices moved up on Monday as continuing fears over the fate of debt-laden property behemoth China Evergrande and its broader implications bolstered the precious metal’s safe-haven appeal. Spot gold increased 0.5 percent to $1,757.79 per ounce by 0127 GMT. The U.S. gold futures were up 0.3 percent at $1,757.30. Asian shares got off to …
The outcome of Germany’s federal election on September 26 looks impossible to predict. Remarkably, one recent survey revealed that a significant number of Germans have not yet decided who to vote for. Last week, a survey by the Allensbach Institute showed that 40% of 1,259 people were still deciding on how they will vote. Moreover, …
Without Merkel, Germans haven’t yet decided who to vote for Read More »
The greenback hovered above a one-week low versus main peers on September 24, as questions remained regarding the fate of property giant China Evergrande Group. The dollar index, which measures the U.S. currency against a basket of six rivals, gained 0.8% to 93.175. On Thursday, the dollar index dropped 0.36% to its lowest point since …
China Evergrande Group and its Impact on U.S. Dollar Read More »
Scientists have used artificial intelligence to build a drug regimen for children with deadly brain cancer; the survival rate has not improved in 50 years. Diffuse internal pontine glioma is a rapidly growing and rare type of brain tumor in children. Removal of these types of tumors surgically is quite risky. They are diffuse, which …
After Twitter announced a new cryptocurrency tipping service, the price of bitcoin jumped to $44,800, intending to turn the $45,000 level to support. Bullish positive thinking is rising over the cryptocurrency showcase on September 23 as costs recoup from this week’s instability. It was the result of administrative weight on the crypto division, the Government …
In addition, stocks represent a percentage of the business. Thus, you are only a partial owner of the company. Stockholders and business employees share the profits and sales for a given period. Your share is, therefore, comparatively lower. Following this, the stock market can also be volatile, although not as rapid as cryptocurrency. Stocks depend …
According to the U.S. Federal Reserve, the U.S. economy continues to strengthen, however, at a slower rate because of the delta strain of coronavirus. The central bank announced the jobs market was improving, and high rates of inflation remained short-lived. The U.S. Federal Reserve reported it may begin reducing its emergency support for the economy …
U.S. economy continues to strengthen but at a slower rate Read More »
The U.S. dollar fell from a one-month high on Thursday, undermined by a cheerier mood on world markets. Hawkish comments from several central banks in Europe also affected the greenback’s positions. Interestingly, Norway became the first developed country to raise rates amid a loosening of pandemic restrictions in many countries. The greenback shrugged off Wednesday’s …
Dollar Declined Due to Hawkish Messages from Central Banks Read More »
U.S. stocks were set to rise for a second day as concerns around a crisis in China’s property market eased somewhat. Furthermore, the Federal Reserve kept the current monetary stimulus in place for just a little bit longer. Futures contracts linked to the Dow advanced 213 points or 0.6%. Meanwhile, S&P 500 futures soared 0.6% …
U.S. stocks gain as China’s property market worries ease Read More »
Nreal, a Chinese augmented reality eyewear company, has raised $100 million to develop new products and international fund expansions. Augmented reality indicates technology that allows digital images to be introduced into the real world. This is precisely the area where the world’s largest technology companies are investing. Nreal’s funding round is estimated at $700 million. …
$100 Million Fund for International Expansion – Nreal Read More »
Facebook CEO Mark Zuckerberg signed a new initiative last month called Project Amplify. The initiative, which the company discussed at its January internal meeting, had a specific reason – to use the Facebook News Feed for positive stories. The goal was to improve the image and raise support for Facebook. Project Amplify has laid out …
Criticism to Facebook – What Is Company’s Strategy? Read More »
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