Global Markets RecapOn Friday, stocks climbed as investors reviewed earnings reports from major tech companies and job market data, which supported the view that the Federal Reserve might continue easing interest rates. Nasdaq Composite Index increased to...
With the 2024 U.S. presidential election just a day away, political debates and policy promises are intensifying and drawing the public’s focus. Key topics like jobs, taxes, and healthcare dominate the campaigns, leaving many people wondering how the election results...
Global Markets RecapU.S. stock markets ended the week on a downtrend as climbing government bond yields weighed on equity valuations. Nasdaq Composite Index rose to 18,518.61, gaining 0.56% for the day and 0.16% over the week. NYSE Composite Index ended at...
Debt levels in both advanced and developing economies have reached concerning levels in the post-pandemic period. According to the latest report by the International Institute of Finance (IIF), global debt rose by $2.1 trillion in the first half of 2024, reaching $312...
Global Markets RecapLast Friday, U.S. stock markets closed higher, with major indices extending their gains to mark their longest weekly winning streak of the year. The strong market performance was largely driven by a positive earnings report from Netflix, along...
Global Markets RecapWall Street indices rose nearly 1% on Friday despite increased uncertainty regarding the Fed's interest rate cuts from recent data releases. Today, U.S. bond markets will be closed for Columbus Day, but stock markets remain open. ...
Global Markets RecapLast Friday, Wall Street indices closed Friday with gains exceeding 1% after stronger-than-expected U.S. employment data for September. Despite diminishing expectations for a 50 basis point interest rate cut from the Fed in the November meeting,...
Global Markets RecapLast Friday, Wall Street saw mixed results among its major indices as investors tracked new inflation data that could influence the Federal Reserve's forthcoming interest rate decisions. Nasdaq Composite Index dropped by 0.39% to finish at...
Global Markets Recap Wall Street indices ended Friday with slight losses after equities surged to record highs following the Fed's substantial rate cut earlier in the week: Nasdaq Composite Index went down by 0.4%, closing at 17,948.32, up 1.5% for the week. NYSE...
Global Markets Recap U.S. stock indices closed higher on Friday after the University of Michigan’s consumer sentiment index for September rose above expectations, reaching its highest level since May. Consumer short-term inflation expectations also declined,...