The New York Stock Exchange (NYSE) is showing a mixed performance on Tuesday, following the release of inflation data for March and halting the distribution of the Johnson & Johnson coronavirus single-dose vaccine. The Dow Jones Industrial Average gave up a record high ad decline by around 0.26% to 33,660 …

Health authorities in the United States on Tuesday recommended stopping the use of the Johnson & Johnson’s coronavirus vaccine, Reuters reported. Hopes were high for the single-dose vaccine, however, it was recently reported that six females under the age of 50 years developed rare blood clots after receiving the shot. …

The U.S. Dollar (USD) turned to the negative side on Tuesday, following the release of the consumer price index (CPI) March reading. The CPI increased by more than expected last month, rising by 0.6% on a monthly basis and by 2.6% on an annual level. A surge in gasoline prices …

The Chairman of the United States Federal Reserve, Jerome Powell, said that the U.S. economy is in a stage that he described as an inflection point, promising improved economic growth and job creation. “What we’re seeing now is really an economy that seems to be much at an inflection point. …

The main indices of the New York Stock Exchange (NYSE) finished lower on Monday, starting the week with a negative performance as Wall Street investors turn to their focus to the upcoming earnings reports from listed companies. The Dow Jones Industrial Average closed lower by 55.20 points, or 0.16%, at …

Oil prices rose on Monday, amid optimism about the prospects of the recovery of economic growth and the global demand for energy. Brent crude futures for June delivery increased by 33 cents, or 0.52%, to finish at $63.28 per barrel. Meanwhile, the U.S. West Texas Intermediate (WTI) crude futures gained …

Gold prices declined on Monday, opening the week with a negative performance amid a rise by the U.S. Dollar (USD) and Treasury bond yields. Gold futures for June dropped by $12.10, or 0.7%, to finish at $1,732.70 per ounce. This is the lowest closing level for the yellow metal most …

The United States registered a record public deficit at $660 billion last month, data by the U.S. Department of the Treasury showed on Monday. In March, the deficit recorded a new record high on the monthly level after revenues reaching $268 billion and expenditure at $927 billion and both reaching …

President of the Federal Reserve Bank of Boston, Eric Rosengren, said on Monday that the United States economy could recover strongly this year due to the Fed’s policies and the increased government stimulus. “With labor-market slack still significant, and inflation still below the Federal Reserve’s 2% target, my perspective is …

European stocks declined on Monday, after a recent rally brought it to its all-time highs, amid profit making and losses by the technology sectors and major indices. The STOXX Europe 600 index fell by 0.4%, as the technology sector lost 1.3% to lead the market losses. The French CAC40 index …