Daily Economic Reports

The Dow Jones Industrial Average climbed roughly 300 points, or 0.65%, on Wednesday, marking the third consecutive session of gains as investors stepped back into equities following last week’s AI-driven selloff. The S&P 500 rose 0.6% and the Nasdaq Composite gained about 0.5%, led by semiconductor stocks and beaten-down mega-cap …

U.S. stock index futures traded higher on Wednesday, as investors positioned themselves ahead of the release of minutes from the Federal Reserve’s latest policy meeting and a new round of quarterly corporate earnings. At 05:15 ET (10:15 GMT), Dow Jones futures climbed 260 points, or 0.5%, S&P 500 futures advanced …

European Central Bank President Christine Lagarde is planning to step down from her role ahead of schedule, potentially before the end of her term in October 2027, in a move that would allow French President Emmanuel Macron to influence the selection of her successor, the Financial Times reported on Wednesday. …

Bitcoin slipped further on Wednesday, extending recent losses as investors remained cautious ahead of key U.S. economic data and comments from the Federal Reserve, dampening appetite for speculative assets such as cryptocurrencies. The world’s largest cryptocurrency fell nearly 1% to $67,746.6 by 01:19 ET (06:19 GMT), offering little reaction to …

Shares of Nvidia and Meta Platforms moved higher in premarket trading on Wednesday after the companies announced a multiyear strategic partnership aimed at significantly expanding Meta’s artificial intelligence infrastructure using Nvidia’s advanced technologies. Nvidia (NASDAQ: NVDA) stock rose 1.6% in premarket trade, while Meta Platforms (NASDAQ: META) gained around 1%, …

European equity markets edged higher on Wednesday, supported by a steady stream of encouraging corporate earnings and fresh data showing a sharp slowdown in U.K. inflation, which reinforced expectations of an interest rate cut by the Bank of England. By 03:15 ET (08:15 GMT), Germany’s DAX rose 0.7%, France’s CAC …

The Organization of the Petroleum Exporting Countries has reaffirmed its outlook for global oil demand over the next two years, signaling confidence that consumption growth will remain solid despite economic uncertainty and energy transition pressures.In its latest monthly assessment, the group kept its forecast unchanged, projecting global oil demand to …

The Dow Jones Industrial on Tuesday as investors returned from the Presidents’ Day holiday. Technology shares continued to struggle, with concerns that AI tools could reduce demand for traditional software weighing on market sentiment. The S&P 500 declined roughly 0.5%, while the Nasdaq led losses, dropping about 0.8% as software …

The race to succeed Christine Lagarde as president of the European Central Bank is no longer a distant institutional discussion. It has become a live political question shaped as much by when a decision is made as by who eventually gets the job.Lagarde’s single, non-renewable eight-year term, which began on …

U.S. stock index futures pointed to a weaker open on Tuesday following the long holiday weekend, as renewed concerns over artificial intelligence–driven disruptions unsettled market confidence and investors closely monitored developments in nuclear talks between the United States and Iran. At 08:36 a.m. ET, Dow Jones E-mini futures fell 95 …