SYDNEY, Feb 17 – Asian financial markets opened the week on a restrained footing as investors weighed geopolitical uncertainty against thin trading conditions caused by regional holidays. With several major Asian markets closed for the Lunar New Year holidays. U.S. markets were shut on Monday for Presidents’ Day. activity was muted. Still, the backdrop was far … Read more
Jan 20 (Reuters) – U.S. stocks opened sharply lower on Tuesday as investors reacted to fresh trade tensions sparked by President Donald Trump’s weekend threat to impose new tariffs on several European allies. The move, tied to his renewed push to acquire Greenland, unsettled global markets and added another layer of uncertainty to an already … Read more
WASHINGTON, Dec 23 – The U.S. economy recorded an impressive 4.3% annualized growth rate in the third quarter, marking the fastest pace of expansion in the past two years. The growth was driven by solid consumer spending, increased government outlays, and a significant rise in exports. This rate represents an increase from the 3.8% growth … Read more
NEW YORK, Dec 19 – As the final days of the year approach, investors across Wall Street are watching closely to see whether the stock market can deliver its traditional dose of holiday optimism. The so called Santa rally, a seasonal pattern that often brings gains in the last week of December and early January, … Read more
New York, Nov 14 – Wall Street closed out the session on Friday with a mixed performance as investors shifted their focus toward next week, when Nvidia is set to release its quarterly earnings. The anticipation surrounding the chipmaking giant added to an already tense atmosphere in the market, where concerns about interest rate cuts … Read more
NEW YORK, Nov 7 – Wall Street wrapped up a turbulent week with mixed results on Friday, as optimism grew over potential progress toward ending the nation’s longest-ever federal government shutdown. The Dow Jones Industrial Average and S&P 500 managed to finish slightly higher, while the Nasdaq slipped under pressure from declining technology shares. Throughout … Read more
NEW YORK, Oct 31 – U.S. stock markets enter a packed week of corporate earnings with investors balancing optimism over resilient gains against caution over artificial intelligence-driven rallies and uncertainty around Federal Reserve interest rate policy. The S&P 500 (.SPX) finished October with a 2.3% gain, marking its sixth consecutive month of growth, even as the … Read more
NEW YORK, Oct 24 – Wall Street closed out the week on a triumphant note as all three major U.S. stock indexes reached record highs. The market rally was driven by cooler-than-expected inflation data and strong corporate earnings, signaling renewed optimism among investors ahead of the Federal Reserve’s anticipated interest rate decision next week. The … Read more
NEW YORK, Oct 3 – Wall Street is heading into the new week with a cautious eye on Washington, where a federal government shutdown has begun to take center stage just as the market enters what is historically its strongest quarter. With equities still sitting near record highs and earnings season looming, investors are preparing … Read more
NEW YORK, Sep 26 – Stocks finished Friday’s session with gains across the board, yet the overall weekly performance told a different story, with the major indexes ending lower. Investors balanced optimism from inflation figures with concerns over broader economic signals, creating a week of mixed sentiment on Wall Street. The Dow Jones Industrial Average … Read more