US stocks slid on Tuesday as Wall Street continued a slow start to the week, with investors continuing to monitor the latest developments related to the sudden surge of protests in China over the government’s “zero COVID” stance.The S&P 500 was down 0.4% in midday trading, while the Dow Jones …
Read More »Wall Street spends $1.8 billion to spy on Traders after record fines
Wall Street spends more than ever on technology designed to keep an eye on traders after regulators extracted record fines from several banks worldwide for confronting lapses in monitoring communications. The industry will spend about $1.8 billion on surveillance technology in 2022, up by 20% from 2021, according to Coalition …
Read More »The Nikkei closed at its lowest level in a week on Chinese growth concerns
Japan’s Nikkei closed at its lowest level in a week on Tuesday, as COVID-19 protests in several Chinese cities raised concerns about economic growth. The Nikkei fell 0.48 percent to close at 28,027.84, the lowest level since November 21, while the broader Topix index lost 0.57 percent to 1,992.97. US …
Read More »Wall Street witness limited losses on Amazon’s gains
Wall Street’s indexes fell on Monday amid growing concerns about protests in China against the government’s strict COVID-19 restrictions, although Amazon’s gains helped limit losses as Cyber Monday sales are closer to record figures.Amazon’s shares rose 2% following an industry report that spending on Cyber Monday, the biggest US online …
Read More »Nikkei Index Falls Amidst Covid Fears in China
Japan’s Nikkei fell for the second consecutive session on Monday as protests in China over tough restrictions to combat the coronavirus hurt investor sentiment, while technology stocks fell in line with their Wall Street peers. The Nikkei index ended the day’s trading down by 0.42 percent, at 28,162.83 points. It …
Read More »US Stocks Face Mixed Sentiment, Still Boosted By FOMC Minutes
Investors exhibit more interest in coming back into the S&P 500 and the Dow Jones Industrial Average surged on Friday, achieving gains despite the trading week that is shortened by holidays.The Dow surged 152.97 points, or 0.45% to 34,347.03, marking the third consecutive session with gains. The S&P 500 fell …
Read More »Japan’s Nikkei closes lower, but records a weekly jump
Japan’s Nikkei average closed lower on Friday, after hitting a more than two-month high in the previous session, as investors sold shares of chip-related technology and growth companies to lock in gains. Still, losses were limited by hopes of a slowdown in rate hikes globally. The Nikkei index fell 0.35 …
Read More »The Nikkei index closed at a two-month peak amid hopes of a slowdown in interest rate hikes in the US
Japan’s Nikkei index ended Thursday’s trading at its highest level in more than two months, tracking Wall Street, which posted overnight gains on hopes that the Federal Reserve will slow the pace of interest rate hikes. The Nikkei index closed up 0.95 percent at 28,383.09 points, the highest level since …
Read More »Stocks surge after pivot signals by FOMC minutes
U.S. stocks rose Wednesday as meeting minutes from the Federal Reserve showed that the Fed is looking to hand out smaller rate hikes in the coming months as inflation eases.The Dow Jones Industrial Average rose 95 points, or 0.28%. The S&P 500 gained 0.51% and the Nasdaq Composite increased 0.95%.Minutes …
Read More »US Stocks higher amid attempts to rid of Covid shadows
US Stocks rose Tuesday morning as Wall Street attempts to get rid of covid-linked fears as China’s policies tend to further restrictions. Earnings reports also attract significant attention of traders and investors.The Dow Jones surged 282 points, or 0.84%. The S&P 500 progressed 0.56% on the back of the performance …
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