Economic Report

U.S. stocks regained momentum after the previous day’s pullback, closing higher as investor sentiment improved across the board. The S&P 500 rose about 0.4%, while the tech-heavy Nasdaq 100 climbed nearly 0.9%. The Dow Jones Industrial Average also advanced around 0.4%. This rebound highlights a positive start to December — …

Currency and commodity markets moved cautiously on Tuesday as investors positioned themselves ahead of a busy round of economic data from the United States, China, and Australia. The US dollar paused its recent slide, finding mild support as traders assessed the incoming figures that could shape expectations for policy direction …

Bitcoin edged slightly higher on Tuesday, stabilizing after a sharp selloff at the start of December that dragged the world’s largest cryptocurrency below the $84,000 mark. By 01:58 ET (06:58 GMT), Bitcoin was up 0.6% at $87,087.6, after dropping more than 7% on Monday and briefly trading under $84,000. The …

U.S. stock futures ticked higher on Tuesday, as investors weighed soft manufacturing data, rising expectations of a Federal Reserve rate cut next week, and uncertainty over who will replace Jerome Powell as Fed Chair. By 05:55 ET (10:55 GMT): Dow Jones futures were up 80 points (+0.2%) S&P 500 futures …

European equities traded without clear momentum on Tuesday, with investors cautious ahead of major central bank decisions scheduled for the final month of the year. By 03:05 ET (08:05 GMT): Germany’s DAX rose 0.1% UK’s FTSE 100 added 0.1% France’s CAC 40 slipped 0.1% Global Monetary Policy in Focus European …

UK house prices rose slightly faster than expected in November ahead of finance minister Rachel Reeves’ budget, with stronger wage growth offering some relief to stretched buyers, according to data from mortgage lender Nationwide on Tuesday. On a seasonally adjusted basis, house prices increased 0.3% in November, following a 0.2% …

Oil prices were steady in Asian trading on Tuesday, consolidating the previous session’s gains as OPEC+ reaffirmed its decision to pause production increases in the first quarter and as traders continued to evaluate supply risks tied to global geopolitical tensions. By 21:18 ET (02:18 GMT): Brent February futures rose 0.1% …

Crude oil prices climbed to their highest level of the week after the U.S. Dollar Index fell to a two-week low, offering support to energy markets. The rally was strengthened by multiple supply disruptions and fresh policy shifts indicating that the global oil market may tighten significantly in the months …

U.S. stock futures moved lower on Monday as investors digested the implications of rising expectations for a Federal Reserve interest rate cut in December and speculation over the central bank’s next chair. By 06:28 ET (11:28 GMT): S&P 500 futures were down 42 points (-0.6%) Nasdaq 100 futures fell 182 …

Bitcoin fell sharply in Asian trading on Monday, kicking off the new month with renewed volatility after a serious incident at DeFi protocol Yearn Finance ignited widespread concerns over market liquidity. By 01:07 ET (06:07 GMT), Bitcoin was down 5.3% at $86,075.6, after touching an intraday low of $85,638.3. The …