Latest Updates Around The World
Wall Street’s major indexes fell for a second straight day as investors analyzed results from Bank of America and Citigroup, while data on retail sales and producer prices failed to shake expectations for interest rate cuts later this year.Shares of Bank of America fell 3.5% even as the lender beat quarterly profit expectations, while Wells […]
Wall Street’s major indexes rose on Friday after a weaker-than-expected jobs report kept bets on US interest rate cuts intact.A Labor Department report shows nonfarm payrolls rose by 50,000 in December, compared with an estimated increase of 60,000 according to economists polled by Reuters. The unemployment rate fell to 4.4%, slightly below the expected 4.5%. […]
Wall Street moved higher on Tuesday led by healthcare and technology stocks, extending the previous session’s rally as markets positioned for the week’s key jobs report to gauge the Federal Reserve’s policy outlook.The financial sector-driven rally had pushed the blue-chip Dow to a record high on Monday. The Dow Jones is now about 1.9% away […]
Indian government bonds fell on the first trading day of 2026, bogged down by supply concerns ahead of Friday’s debt sale and expectations of a big government borrowing calendar for the January-March quarter. The benchmark 10-year yield stood at 6.6146% at 10:20 am IST. On Wednesday it ended at 6.5881%. Bond yields rise when prices […]
US stocks started the shortened holiday week on a positive note, while technology stocks continued to rise on renewed enthusiasm about artificial intelligence as investors awaited key economic data later this week.A rally in tech stocks that started late last week, driven by Micron Technology’s blowout forecasts and a favorable inflation report, has left the […]
Wall Street stocks rose early Friday as markets factored in new commentary from a senior Federal Reserve official and expected lower trading volumes during the holiday season.New York Federal Reserve President John Williams told CNBC that Thursday’s reading showing lower inflation was likely “distorted” due to data collection difficulties during the government shutdown, dampening enthusiasm […]
Wall Street’s major indexes were slightly higher in volatile trading on Wednesday as investors looked for clues about the outlook for interest rates, while caution lingered after reports of funding hurdles for Oracle’s data center plans.Oracle fell 2.8% after a report showed that Blue Owl Capital, the cloud company’s largest data center partner, said it […]
Federal Reserve Bank of Cleveland President Beth Hammack said Friday that, given her own view of the economy, she would prefer monetary policy to be tighter than it currently is. The Fed’s rate cut this week, along with earlier easing this year, keeps interest rate policy “around a neutral” level, Hammack said at an event […]
The S&P 500 and Nasdaq fell on Friday after Broadcom’s latest results increased concerns about an AI-powered bubble, dampening optimism from the Federal Reserve’s less aggressive than expected signals on rate cuts in 2026.Broadcom fell 8.4% after the chipmaker warned of smaller future margins on sales of its AI systems, despite expected strong quarterly revenue. […]
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 […]
