Latest Updates Around The World
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 […]
Wall Street’s major indexes were higher on Friday as chipmakers returned to the wheel in a volatile week that also marked the start of fourth-quarter earnings season.Memory chip makers led the gains, with Micron, Seagate Technology and SanDisk rising between 2% and 7%, building on their torrid 2025 rallies. The iShares Semiconductor ETF gained 2.1% […]
Wall Street’s major indexes rebounded Thursday after a two-day slide, thanks to a chip-led rally fueled by TSMC’s blockbuster results, as investors sifted through earnings from Morgan Stanley and Goldman Sachs to wrap up the big banks’ reporting season.Chip stocks like Nvidia rose 2%, while Broadcom and Micron rose 1.4% and 1.9%, respectively. Chip manufacturers […]
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 […]
The S&P 500 and Nasdaq held steady Tuesday after a largely in-line inflation report kept expectations of rate cuts this year, while investors weighed mixed quarterly results from JPMorgan and Delta Air Lines.Excluding volatile food and energy components, U.S. consumer prices rose 0.2% in December from the previous month, softer than economists’ forecast of a […]
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 […]
Amid a dramatic escalation in United States (US) foreign policy, with Washington taking control of Venezuela, global financial markets appeared largely unfazed. However, some investors warn that geopolitical risks may be significantly undervalued. Reuters reported.Asian shares rose at the start of the week, while oil prices fell and gold posted modest gains as demand for […]
Shares of Berkshire Hathaway closed slightly lower on Wednesday as Warren Buffett prepared to step down as CEO, handing over leadership to Greg Abel on Thursday. Class A shares fell $600, or 0.1%, to $754,800, while Class B shares fell $1.06, or 0.2%, to $502.65. The broader Standard & Poor’s 500 index fell 0.7% on […]
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 […]
