Stocks traded near record highs as investors awaited Nvidia Corp.'s upcoming earnings report, a pivotal moment for gauging the sustainability of the artificial intelligence (AI) boom that has fueled this
China's largest consumer companies are reporting weaker-than-expected revenues, dampening hopes for a swift recovery in the market. Instead of a rebound, the MSCI China consumer staples index is on track
U.S. Treasury yields declined following a significant downward revision in payroll data, reinforcing market expectations that the Federal Reserve will initiate a rate cut in September. The drop in yields
After a strong rally that brought the market close to its all-time highs, U.S. stocks faced a setback on Tuesday, marking a pause in what could have been the S&P
In a remarkable eight-day winning streak, U.S. stocks have climbed to new highs in 2024, reflecting optimism that the Federal Reserve may soon signal a shift towards lowering interest rates.
Strong Retail Sales Data Pushes Stocks Higher, Eases Recession Concerns Stock markets surged as strong retail sales data alleviated concerns of an economic slowdown, bolstering investor confidence that the Federal
Overview of Market Trends Stocks surged as the latest US Consumer Price Index (CPI) data aligned with market expectations, reinforcing the likelihood that the Federal Reserve will begin cutting interest
A Strong Rally Driven by Easing Inflation Fears In a clear demonstration of investor confidence, US stocks rallied strongly on the back of the latest inflation data, which reinforced speculation
Warren Buffett's unexpected decision to offload a substantial portion of Apple Inc. shares has created a ripple effect that could significantly reshape major stock indices. While this move initially seemed
Stocks made a strong recovery and bonds fell as the latest US labor-market data alleviated concerns about a deeper slowdown in the world's largest economy. All major sectors of the