Latest Updates Around The World
Investors are expecting a strong outcome for the US stock market as 2025 draws to a close, with major indices near record levels and approaching new milestones. The S&P 500 recently hit an all-time high, hovering around 7,000 points, while the Nasdaq Composite has also posted significant gains, buoyed by a three-year bull market driven […]
Two officials who voted against the Federal Reserve’s decision to cut rates again this week cited the need for more economic data and too high inflation in their statement Friday.Chicago Fed President Austan Goolsbee had joined Kansas City Fed President Jeffrey Schmid in pushing for keeping interest rates unchanged during the central bank’s two-day policy […]
A gauge of global stocks held steady after four days of gains following a recovery fueled by expectations the Federal Reserve will cut interest rates faster than previously thought.The MSCI All Country World Index was little changed after paring its decline for November to 0.4% in previous sessions. Just over a week ago, the gauge […]
The Indian rupee ended little changed on Thursday as pressure was fueled by outflows linked to corporate debt repayments and routine hedging demand from importers was limited by periodic selling of dollars by state-owned banks.The rupee closed at 89.3050 against the US dollar, down marginally from the close of 89.27 in the previous session. The […]
Euro zone bond yields rose on Thursday as investors used Nvidia’s positive results to return to risky assets such as stocks, ahead of delayed US jobs data that could set the tone for government bonds and the broader fixed income market in the coming weeks.Now that investors are feeling more positive about the resilience of […]
Stocks on Wall Street closed mixed on Friday as investors looked ahead to Nvidia’s quarterly results next week and worried the Federal Reserve could hold off on cutting U.S. interest rates in December. The market partially recovered after a sell-off early in the session that dragged all three major Wall Street indexes down more than […]
