Global Stock Market

The US dollar holds firmly up, giving up some of its recent gains ahead of the close as speculative interest booked some profits ahead of the Good Friday holiday.Economic Data The US Commerce Department on Thursday said that retail sales rose a seasonally adjusted 0.5% in March from a month …

Major US equity indices showed mixed performance on Thursday, with tech stocks underperforming as US yields soured. Investors received another update on the recovery in the jobs market. The number of people seeking unemployment benefits ticked up last week, according to the Labour Department, but remained at a historically low …

A regulatory filing on Thursday said billionaire Elon Musk has offered to buy Twitter for $41.39 billion. Musk’s bid of $54.20 per share represents a 38 percent premium to Twitter’s closing price on April 1, which was the last trading day before the Tesla CEO announced his investment in more …

Japan’s Nikkei rose for a second session on Thursday, boosted by technology and travel stocks, tracking gains made by Wall Street Thursday night. The Nikkei ended the session up 1.22 percent to 27,172 points, to close above the 27,000 points level for the first time since the sixth of April. …

Inflation, central banks and the Eastern European crisis are still impacting the market’s mood. Economic DataThe US reported that the March Consumer Price Index jumped to 11.2% YoY, both above anticipated while the UK published the March Consumer Price Index, which jumped to a three-decade high of 7% The annual …

Wall Street Ends Higher, Breaking a 3-Day Losing Streak Wall Street rallied to end higher on Wednesday, powered by a recovery in interest-sensitive growth stocks as investors digested hot inflation data and a mixed bag of quarterly results. Stocks closed higher on Wall Street as investors reviewed the latest round …

Heavy truck sales in the US are very good leading indicator of economic activity, with 65% of the dollar value of North American freight moved by trucks. But new truck sales have been falling sharply and are now down 23% on an annual basis. New auto sales are falling at …

JPMorgan Chase & Co’s (JPM.N) Chief Executive Jamie Dimon warned of economic uncertainties arising from Russia’s invasion of Ukraine and soaring inflation, after first-quarter profits at the largest US bank slumped 42%.JPMorgan had reported record profit during the first quarter last year, benefiting from a dealmaking boom after the Federal …

Bank’s first-quarter profit fell 42% as it socked away funds to prepare for higher defaults in case of recession. JPMorgan Chase is the first major US bank to report its results for the first quarter. JPMorgan Chase & Co.’s pandemic boom ended with a sharp drop in profits and a …

The Dow Jones Industrial Average added around 66 points to stand at 34,286. The S&P 500 added around nine points at 4,407. The tech laden Nasdaq index gained around 34 points to stand at 13,406US benchmarks started marginally ahead on Wednesday after a volatile start as first quarter earnings season …