Latest Updates Around The World
Stocks on Wall Street were moderately lower early Monday as the war initiated by US-Israeli attacks on Iran spread across the Middle East, sending oil prices higher.About 20 minutes into trading, the Dow Jones Industrial Average was down 0.7 percent at 48,661.35. The broad-based S&P 500 fell 0.5 percent to 6,845.44, while the tech-rich Nasdaq […]
The S&P 500 and Nasdaq hit their highest levels in two weeks on Wednesday as technology stocks continued to gain favor as investors weighed risks to AI trading and rising tariff uncertainties ahead of Nvidia’s earnings later in the day.February was a turbulent month for US stocks, as investors wondered whether the massive AI spending […]
Major US stock indexes fell on Friday after data showed US economic growth slowed more than expected in the fourth quarter, while a separate reading showed inflation rose in December.Investors were also watching for a possible U.S. Supreme Court ruling on President Donald Trump’s tariffs, which could be delivered at 10 a.m. ET. If they […]
U.S. stock indexes edged higher on Wednesday as technology stocks extended gains following recent weakness, as investors awaited minutes of the central bank’s latest policy meeting for insight into the interest rate trajectory.Wall Street was roiled this month by concerns that rapidly improving AI tools could disrupt business models, leading to selloffs in sectors from […]
Nomura no longer expects India’s central bank to cut interest rates in April, it said on Friday, as inflation is expected to rise and given the “stealth” policy easing that has already taken place. This comes after India released data on consumer price inflation on Thursday under a new series that changes the weighting of […]
U.S. stocks are feeling both the upside and the downside on Wednesday from a surprisingly strong report that said the country’s unemployment rate has improved over the past month.After initially rising to an all-time high, the S&P 500 swung to a loss before retreating to a gain of less than 0.1%. The Dow Jones Industrial […]
U.S. stocks fell on Friday after President Donald Trump nominated former Fed Governor Kevin Warsh to lead the U.S. central bank, a decision many investors see as an aggressive choice.Investors expect Warsh to support lower interest rates, but falls far short of more aggressive monetary policy easing associated with some of the other potential nominees. […]
U.S. stock prices fell on Friday, putting Wall Street’s major indexes on track for a second straight weekly decline as Intel tumbled on a bleak outlook and ongoing geopolitical tensions sapped risk appetite.Stocks have recovered over the past two sessions after Tuesday’s sharp sell-off, triggered by US President Donald Trump’s threats to impose tariffs on […]
Stocks rose on Thursday after President Donald Trump backtracked on threats to hit key European countries with tariffs over their opposition to a US takeover of Greenland.Gains were also fueled by a rise in technology stocks, as artificial intelligence trading was back in the spotlight after the head of top AI chipmaker Nvidia said the […]
Minneapolis Federal Reserve President Neel Kashkari declined to cut rates last month and sees no need to cut them in the near term given the resilience of the labor market and inflation above the Fed’s target, the New York Times reported Wednesday.“I don’t see any impetus to cut in January,” Kashkari said in an interview […]
