Mon, Aug 19, 2024
Global stock markets showed mixed results as investors await the Federal Reserve's upcoming meeting. While Wall Street closed the week on a positive note, European indices were largely flat, and Asian markets saw varied performances. Key developments include fluctuations in currency exchange rates, a potential Fed rate cut, and recent economic data affecting global stocks.
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Thu, Aug 31, 2023
U.S. stocks ended higher and the dollar extended its losses on Wednesday, as a slew of disappointing economic data raised the probability that the Federal Reserve will press the pause button in its efforts to rein in inflation.
Sat, Aug 26, 2023
US stock investors are bracing for a potentially volatile September as the market faces key economic data reports, a Federal Reserve meeting, and worries over a possible government shutdown during a month of historically muted equity performance.
Tue, Jul 04, 2023
A widely watched section of the U.S. Treasury yield curve hit its deepest inversion on Monday since 1981, reflecting financial markets' concerns about the economy.
Thu, Mar 23, 2023
A day earlier, stocks tumbled after the Federal Reserve indicated that while the end may be near for its economy-crunching interest rate hikes, it doesn't expect to cut rates this year.
Fri, Mar 03, 2023
The S&P 500 was trading just above its 200-day moving average of about 3,940, seen as a key support level by traders, after briefly falling below it for the first time since Jan. 25 earlier in the session.
Tue, Oct 11, 2022
US Stock Market: Wall Street has been turbulent amid worries about stubbornly hot inflation and the Federal Reserve’s plan to tame high prices by raising interest rates. The goal is to slow economic growth and cool both borrowing and spending in order to get inflation under control, but the plan risks sending the economy into a recession.
Thu, Oct 06, 2022
The Fed and other central banks have been raising interest rates to make borrowing more difficult and slow economic growth, but Wall Street is concerned that the potential solution for high inflation could result in a recession.
Fri, Dec 03, 2021
Didi's one-sentence announcement gave no explanation, but share prices of Didi and other tech companies including e-commerce giant Alibaba Group have sunk after they were hit by data-security and anti-monopoly crackdowns.
Thu, Nov 04, 2021
Share markets firmed on Thursday after the U.S. Federal Reserve engineered an orderly start to unwinding its massive stimulus programme, though doubts about the inflation outlook did push up longer-dated bond yields.
Mon, Aug 15, 2016
The Dow Jones Industrial Average and the broad-based S&P 500 rose 0.4% around mid-day in New York as the tech-rich Nasdaq Composite Index advanced nearly 0.7%.
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