Global Stock Market

European shares rose slightly on Friday as oil inventories rose but persistent concerns about inflation and an impending interest rate hike by the European Central Bank. The pan-European Stoxx 600 index rose 0.4 percent, after falling nearly 2 percent in the previous session. Oil inventories led the gains, adding 1.4 …

Gold prices rose as the dollar fell on Friday, as markets awaited the US jobs report that may affect the Federal Reserve’s inclination to tighten monetary policy. Spot gold rose 0.1 percent to $1,805.90 an ounce. And US gold futures rose 0.2 percent to $ 1807.20. If the US jobs …

The Japanese stock index rose after a mid-day break on Friday, reversing its trend after a tepid morning session, to end the day with strong gains that halted a four-week decline. The Nikkei index closed the day’s trading, up 0.73 percent, recording 27439.99 points. Over the week, it recorded an …

Ford reported fourth-quarter earnings on Thursday, which largely missed Wall Street earnings expectations and lost slightly in revenue. Adjusted earnings per share were 26 cents versus 45 cents expected, and auto revenue was $35.3 billion versus $35.5 billion expected. While the automaker met its 2021 annual profit guidance, Ford Chief …

Amazon shares fell more than 4% in extended trading on Thursday after the company reported weaker-than-expected Amazon posted a significant profit outperformance for the fourth quarter, buoyed by gains from its investment in electric vehicle company Rivian. The company also revealed revenues from its fast-growing advertising business for the first …

Commodity-linked currencies were little changed against the greenback. AUD/USD is unchanged at around 0.7130, while USD/CAD hovers around 1.2670.The USD/JPY nears 115.00 at the end of the American session, as government bond yields edged higher. The yield on the 10-year Treasury note is currently at 1.82%.Gold trimmed intraday losses and …

The S&P 500 slumped back below the 4500 level on Thursday, dropping over 2.0% on the day. Equity market sentiment took a battering after dour earnings guidance from tech giant Meta Platforms (Facebook). Focus has shifted to Amazon earnings after the closing bell and Friday’s US jobs report. Major US …

Gold has found some bidders again after a quick but short trip to the downside on Thursday. At $1,805, the yellow metal is about flat again on the day as traders now get their sights on Friday’s Nonfarm Payrolls data. Gold was hit hard on the back of a spike …

Omicron put a massive bump in the road to America’s recovery this winter. The first signs of trouble could show up in the January jobs report on Friday, 4 February. Goldman Sachs cites survey data indicating a surge in absenteeism during the month to expect Omicron-led temporary declines in the …

European shares fell on Thursday as investors feared a possible interest rate hike and monetary policy tightening ahead of key European Central Bank decisions later Thursday amid mounting inflation pressures. The pan-European Stoxx 600 index fell 0.3 percent, led by interest rate-sensitive sectors, such as manufacturing, healthcare, and technology. Data …