Stock futures increased on Friday as the market is waiting for the Federal Reserve’s annual Jackson Hole symposium. Notably, investors are looking for more details about the central bank’s plans to taper monetary stimulus. Dow Jones Industrial Average futures increased by 0.2% or 86. Meanwhile, S&P 500 futures surged 0.3%, and Nasdaq 100 futures gained …
Stock futures up ahead of Fed’s annual Jackson Hole event Read More »
Asia-Pacific markets were down on August 26 despite overnight gains on Wall Street. Remarkably, South Korea became the first major economy to raise interest rates during the pandemic. The Bank of Korea lifted its base rate to 0.75% for the first time in three years from a record low of 0.5%. South Korean stocks were …
Asian markets dip despite overnight gains on Wall Street Read More »
The latest news showed that stock futures boosted in overnight trading. The rise started following the full approval of Pfizer and BioNTech’s coronavirus vaccine. Remarkably, futures on the Dow Jones Industrial Average surged 60 points. Meanwhile, S&P 500 futures and Nasdaq 100 futures both saw gains of 0.2%. Additionally, the market was up as shares …
Stock futures gained after Pfizer vaccine approval Read More »
Stock futures increased on Monday following a volatile week on Wall Street. As we know, investors are waiting for a key event where the Fed will provide clues about prospects for tapering stimulus. Remarkably, futures linked to the Dow increased about 145 points. Meanwhile, S&P 500 futures and Nasdaq 100 futures both witnessed gains. Major …
Stock Futures Rose Following a Volatile Week on Wall Street Read More »
Although the coronavirus pandemic has been raging for more than two years, and there is a vaccine to fight it, it still manages to damage the country’s economy. What are the latest data and expert assessments of current events? What else can we expect from the Covid 19 pandemic, and when will the situation stabilize? …
Dow Futures Are Reduced by 200 Points – Causes and Solution Read More »
Asian stock markets fell on Thursday after Fed made no firm decision on when to end their support measures for the economy. Remarkably, the lack of a directive from the Federal Reserve fueled worries over increasing COVID-19 cases caused by the delta variant, and the pandemic’s impact on consumer spending and jobs growth. Tokyo’s Nikkei …
Asian stocks dipped amid uncertainly over Fed’s decision Read More »
U.S. stock index futures fell in early morning trading Tuesday. Remarkably, the Dow Jones Industrial Average and S&P 500 closed at record highs in the previous session. Moreover, futures contracts tied to the Dow declined by 191 points. S&P 500 futures and Nasdaq 100 futures also dipped. Furthermore, the Dow Jones Industrial Average and S&P …
U.S. Stock Futures Fell after Dow and S&P 500 Hit Records Read More »
According to the analysts, giant company, Amazon.com has the potential to make investors richer in August. Last week, an e-commerce firm reported its Q2 operating results and sales growth guidance that didn’t impress Wall Street. As we know, Amazon’s dominant marketplace has increased in demand over the past 18 months amid the COVID-19 pandemic. During …
Stocks and emerging markets currencies declined on Friday. Meanwhile, oil headed for its biggest weekly slump since March. Remarkably, concerns over the spread of the Delta strain of the COVID-19 hit risk assets and crimped demand. Key jobs report due later on August 6 is anticipated to deliver further signs of growth in the U.S. …
Markets eye US jobs; stocks dip, while oil sharply fell Read More »
The European stocks market rose cautiously on Thursday morning as investors digested more corporate earnings. As we know, the market is waiting for a key monetary policy decision from the Bank of England. The pan-European Stoxx 600 rose byd 0.3% in early trade. The stock stands at 468.87. Meanwhile, tech stocks surged 0.9%, while basic resources …
European stocks rose as investors wait for earnings Read More »
European stock markets traded broadly higher Wednesday, supported by positive global sentiment. Moreover, Germany’s Commerzbank witnessed a second-quarter loss. The DAX in Germany traded 0.55% higher at 15,639.43. The CAC 40 in France surged 0.29% at 6,742.97, and the U.K.’s FTSE 100 soared 0.23% at 7,122.96. Remarkably, European markets were supported by a positive handover. …
European stocks gain, helped by positive global sentiment Read More »
Chinese electric vehicle start-up Li Auto announced its plans to raise about $1.93bn in a Hong Kong secondary listing. The firm reported it will offer 100 million class A ordinary shares to investors. Notably, the price will be no more than 150 Hong Kong dollars or $19.29. However, final pricing is due on August 6. …
Li Auto plans to raise up to $1.93bn from Hong Kong listing Read More »
According to the latest news, Zoom agreed to pay $86 million and strengthen its security practices to settle a lawsuit. The lawsuit accused the firm that it violated users’ privacy rights by sharing personal data with Google, Facebook and LinkedIn. Moreover, it accused Zoom of letting hackers disrupt Zoom meetings in a practice called Zoombombing. …
Global shares tracked Asia lower on July 30 but head for their sixth straight month of surges. Notably, strong corporate earnings along with central bank largesse kept sentiment unchanged. The U.S dollar stood close to a one-month low. MSCI’s World index fell 0.3%, leaving it broadly flat on the week. However, it is up 1.1% …
Hong Kong’s shares continued recovery on Thursday from a two-day decline earlier this week. Meanwhile, Asian markets increased after the U.S. Federal Reserve decided to leave its benchmark interest rate near zero. Remarkably, Fed’s two-day meeting started on Tuesday and had attracted the attention of markets. Hang Seng index in Hong Kong gained 2.93%, or …
Hang Seng in Hong Kong recovers from a two-day decline Read More »
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