Latest Updates Around The World
Stocks on Wall Street rebounded early on Friday after comments from a Federal Reserve official rekindled hopes of a third consecutive US rate cut in December.The Dow Jones Industrial Average rose 0.6 percent to 46,002.50, while the broader S&P 500 rose 0.4 percent to 6,565.51.The tech-heavy Nasdaq Composite Index rose 0.3 percent to 22,140.03 points.All […]
The US Federal Reserve can still cut interest rates “in the near term” without jeopardizing its inflation target, New York Fed President John Williams said on Friday.Progress on inflation has “temporarily stalled,” Williams acknowledged in comments prepared for a meeting of the Central Bank of Chile, adding that it was “indispensable to restore inflation to […]
What a violent rollercoaster of a day it has been for BTC. The massive volatility in the cryptocurrency markets continues as Bitcoin rebounded by more than $3,000 after falling below $81,000 to mark a new seven-month low just an hour ago. The most obvious reason behind this immediate increase is related to the US Federal […]
The dollar was on track for its best week in more than a month on Friday as investors bet the Federal Reserve is unlikely to cut interest rates next month, with the case for further easing made no clearer by a confusing US jobs report. The yen briefly shot higher on Friday after Japanese Finance […]
Wall Street rose Thursday after Nvidia reported stronger-than-expected quarterly earnings, dampening concerns that AI-related stocks could be overvalued.The Dow Jones Industrial Average rose 428.7 points, or 0.93%, to 46567.51 at the open. The S&P 500 rose 95.8 points, or 1.44%, to 6737.93 at the open, while the Nasdaq Composite rose 492.8 points, or 2.18%, to […]
Stocks on Wall Street rose early Wednesday as investors await an earnings report from AI chip powerhouse Nvidia and minutes from the U.S. central bank’s latest interest rate meeting.Shortly after trading began, the Dow Jones Industrial Average rose 0.1 percent to 46,129.44, while the broader S&P 500 rose 0.2 percent to 6,634.22. The tech-heavy Nasdaq […]
Indian government bonds fell slightly on Wednesday after a short-lived rally on hopes of a possible inclusion in the Bloomberg Global Aggregate Index.The benchmark 10-year yield closed at 6.5323%, down from 6.5258% in the previous session. Indian newspaper Business Standard reported on Tuesday that major foreign investors responded positively to Bloomberg Index Services’ advice on […]
Gold and silver prices rose marginally in early trading on Wednesday, November 19, breaking their two-day losing streak this week, even as fading hopes for a US interest rate cut continued to dampen sentiment for the precious metals. Attention now turns to the delayed US jobs figures due tomorrow. The lack of new data for […]
Stocks on Wall Street fell further on Tuesday as worries about the technology sector and worries about the strength of consumer spending weighed on the market and the possibility of a Fed rate cut in December faded.The Dow Jones fell 578.28 points (-1.24%) to 45,965.39, the S&P 500 fell 72.34 points (-1.08%) to 6,583.84 and […]
Wall Street stocks fell early on Monday as traders braced for major earnings reports from chip titan Nvidia and major US retailers.After the longest government shutdown in US history, which put several economic data reports on hold, markets are also waiting for backlog data to start flowing again – to gauge the health of the […]
