Global Stock Market

Japanese stocks extended gains on Tuesday, albeit with modest performance, as investors refrained from any big moves ahead of the Bank of Japan’s monetary policy meeting, despite diminishing expectations for a large interest rate cut in the US central bank. The Nikkei index started its trading, up 0.8 percent, to …

The EUR/USD pair soared to 1.0268 on headlines suggesting the European Central Bank could discuss a 50 bps rate hike when it meets this week. Economic DataThe data published by the US Census Bureau revealed on Tuesday that Housing Starts declined by 2% to a seasonally adjusted annual rate of …

Johnson & Johnson topped Q2 earnings expectations on Tuesday, but the company stock toppled on its trimmed profit outlook. On today’s stock market, JNJ stock rose fell 1.5% to 171.69, according to observers this could be attributed to the overall strength of the US dollar during Q2. The best performance …

Lockheed Martin missed on sales and earnings this week as sales are sinking and profit margins are headed for their worst performance since 2017. Lockheed’s major complaints for the second quarter include supply chain impact as well as the timing of customer contracts, but its problems look in fact so …

US equities are sharply surging on Tuesday as investors digest another batch of corporate results and earnings. The S&P 500 index gained 2.5%, while the Dow Jones Industrial Average jumped 675 points, or roughly 2.2%. The tech-heavy Nasdaq Composite climbed 2.8%.Johnson & Johnson reported earnings for the period that beat …

Japanese stocks extended gains on Tuesday, albeit with modest performance, as investors refrained from any big moves ahead of the Bank of Japan’s monetary policy meeting, despite diminishing expectations for a large interest rate cut in the US central bank. The Nikkei index started its trading, up 0.8 percent, to …

The US dollar started the first day of the trading week weaker than the previous week, losing ground against most rival currencies. In the US session, afternoon, the dollar bounced back, as Wall Street was not able to retain its early gains and eventually headed to the red territory.Commodity-linked currencies …

IBM’s results outpaced expectations for income and revenue. The company began selling the z16 mainframe computer during the quarter, leading Z systems sales to jump 69%, compared with a decline of 19% in the prior quarter.IBM’s revenue rose 9% year over year in the quarter, according to a statement. Income …

US equities fell sharply into the final hour of trading Monday following Apple’s plans to slow hiring and curb spending next year to prepare for a possible recession. The hiring slowdown and cuts to spending will take place across certain divisions and stem from a move to “be more careful …

Wall Street is ticking higher Monday to kick off a week full of updates on the two things that set stock prices: how much profit companies are making and where interest rates are heading. The S&P 500 was 0.5% higher in afternoon trading, on pace for another gain after it …