Global Stock Market

The second week of October trading began with optimism in North American equity markets despite increased Middle East tensions, ongoing war in Ukraine, a stronger than expected American economy, and weaker than expected numbers from China. China: The National Development & Reform Commission (NDRC), China’s state planner, stated that the …

The S&P 500 and the Dow Jones Industrial Average reached new all-time highs on Friday, driven by a confluence of factors, including strong financial sector earnings, expectations of a Federal Reserve interest rate cut, and a generally positive economic outlook. Strong Bank Earnings: JPMorgan Chase and Wells Fargo: These two …

U.S. stock index futures edged lower on Friday as investors braced for the release of key bank earnings reports and another inflation reading, with potential implications for the Federal Reserve’s monetary policy. As of 05:40 ET (09:40 GMT), Dow Jones Futures dropped 95 points (0.2%), S&P 500 Futures fell 17 …

The Dow Jones Industrial Average (DJIA) experienced a volatile session on Thursday, following the release of mixed economic data. The US Consumer Price Index (CPI) and Initial Jobless Claims reports presented a conflicting picture of the economy, leaving investors uncertain about the Federal Reserve’s (Fed) future monetary policy path.Inflationary Pressures …

Stock index futures extended their decline on Thursday after U.S. inflation data for September came in higher than anticipated, raising concerns that the Federal Reserve may implement fewer interest rate cuts later this year. A report from the Labor Department revealed that the Consumer Price Index (CPI) rose 2.4% annually …

Oil prices rose by more than 1% on Thursday, driven by heightened fuel demand as Hurricane Milton struck Florida, and concerns over potential supply disruptions in the Middle East. Brent crude futures increased by $1.01, or 1.3%, to $77.59 per barrel by 11:08 GMT, while U.S. West Texas Intermediate (WTI) …

Most Asian stocks saw modest gains on Thursday, as investors anticipated key U.S. inflation data to glean more insight on interest rate trends. This followed a strong performance on Wall Street, where the Dow Jones Industrial Average hit a record high, bolstered by minutes from the Federal Reserve’s September meeting …

Global stock markets and U.S. Treasury yields rose on Wednesday, following the release of minutes from the Federal Reserve’s September meeting. These minutes indicated that a “substantial majority” of Fed officials supported a larger-than-usual half-point rate cut to initiate a period of easier monetary policy. However, there was also a …

The Federal Reserve released minutes from its latest policy meeting on Wednesday, revealing a nuanced approach to monetary policy as the central bank navigates a complex economic landscape. While a majority of policymakers supported a 50 basis points (bps) reduction in the federal funds rate, the minutes also highlighted a …

U.S. stock index futures edged lower early Wednesday, with Dow Jones Futures down 42 points (0.1%), S&P 500 Futures falling 7 points (0.1%), and Nasdaq 100 Futures slipping 40 points (0.2%). This follows Tuesday’s gains, driven by a surge in technology stocks, notably Nvidia, which rose 4%. Key Developments: Fed …