Latest Updates Around The World
European shares were muted on Thursday as investors assessed a range of mixed corporate earnings from the likes of Schneider and Syensqo, while considering the prospects for artificial intelligence following strong forecasts from US chip leader Nvidia.The pan-European STOXX 600 index was flat at 633.34 points at 0820 GMT. The index hovered around a record […]
Corporate America just had one of the strongest earnings seasons in recent memory, but if you look at the stock market, you wouldn’t know that. Companies in the S&P 500 grew their profits by 13% in the fourth quarter, nearly six percentage points better than expected. They also offered optimism about the year ahead. The […]
The Dow Jones rose above 50,000 for the first time on Friday, shaking off concerns about artificial intelligence companies as traders focused on the prospects for US growth and interest rate cuts by the Federal Reserve.The index, the oldest of the three major U.S. stock indexes, reached historic levels shortly before 1930 GMT, fell just […]
Major multi-manager funds including DE Shaw, Balyasny Asset Management, Bridgewater Associates and Point72 Asset Management largely generated double-digit gains in 2025, reflecting a positive year for the hedge fund industry, which was buoyed by an AI-powered stock market rally. DE Shaw’s two flagship funds produced double-digit returns, a source familiar with the matter told Reuters […]
According to data from Dealogic, global borrowers will issue a record amount of euro-denominated debt in 2025, almost a fifth more than last year. This reflects a growing trend among investors to seek alternatives to the US dollar. Issuers have raised more than $2.2 trillion in euro-denominated debt so far this year, Dealogic figures show, […]
U.S. stocks fell sharply on Wednesday after Federal Reserve Chairman Jerome Powell said a rate cut in December was not a foregone conclusion. “A rate cut in December is not a foregone conclusion. On the contrary,” Powell said at a news conference shortly after the Fed announced a 25 basis point rate cut as a […]
Asian shares recovered after three days of losses as optimism over a possible Federal Reserve rate cut improved sentiment and offset renewed trade tensions between the US and China. Stocks in Japan, South Korea and Australia all rose at the open after Fed Chairman Jerome Powell’s concerns about a weakening labor market boosted investor expectations […]
