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 […]
The International Monetary Fund’s upcoming review of U.S. economic policy is drawing attention across global markets, especially on Wall Street, where investors are closely watching signals on fiscal sustainability, trade imbalances and the trajectory of the U.S. dollar.The IMF will release its first annual assessment of US policy under Donald Trump’s administration on February 25, […]
The US stock market is trading lower on Thursday after mixed earnings reports from Walmart and other major companies. The country is also feeling pressure from oil prices, which have risen due to renewed concerns about a possible conflict between the United States and Iran.The S&P 500 fell 0.4%, possibly heading for its first loss […]
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 […]
With global stock markets swinging sharply based on interest rate expectations, geopolitical risks and changing industry narratives, Brookfield Asset Management CEO Bruce Flatt’s long-standing investment philosophy seems especially relevant to the current environment. Flatt continues to emphasize that long-term wealth creation comes not from chasing popular themes, but from identifying real value where others are […]
Infosys’ American Depositary Receipts (ADRs) fell more than 7% on Thursday, hitting an intraday low of $14.59 in early trade, while Wipro’s ADRs fell 5.4% to $2.26. The sharp decline follows a steep sell-off in IT stocks on Indian stock markets, with the weakness spilling over to Wall Street.The broader U.S. tech drag added pressure […]
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 […]
A major rally for global stock markets that started in Asia on Monday disappeared as trading arrived on Wall Street.The S&P 500 fell 0.2% in the first few minutes of trading. The Dow Jones Industrial Average was down 62 points, or 0.1%, at 9:35 a.m. Eastern Time, and the Nasdaq composite was 0.4% lower. The […]
The S&P 500 struggled to provide direction while the Dow edged higher Wednesday as strong results from Eli Lilly and Super Micro Computer provided some support to the market struggling with a sell-off in software and cloud.The software and services index, home to several leading cloud and software companies, fell for the sixth consecutive year, […]
The US stock market remained relatively stable on Tuesday, as gold and silver recovered from their latest sell-off.The S&P 500 rose 0.1% and flirted with its all-time high last week. The Dow Jones Industrial Average rose 207 points, or 0.4%, as of 9:40 a.m. Eastern time, and the Nasdaq composite was 0.1% lower. Palantir Technologies […]