Global Stock Market

Major European stock indexes closed higher on Tuesday, ending a three-day losing streak, as tech shares rebounded and as investors welcomed upbeat corporate updates.Delivery Hero jumped 5% after saying it expects its food delivery business to break even during the second half of 2022 as demand has soared since the …

Fed Chair Jerome Powell, speaking at the Senate hearing for his re-nomination, reiterated on Tuesday that he expects the economy to be able to deal with the current and future Covid-19 outbreaks. He also noted that inflationary pressures are set to remain elevated well into 2022. Jerome Powell, added that …

WTI crude oil has pulled back from session highs above $80.00 as US equities came under selling pressure at the opening of the North American session.Crude oil is expected to continue to perform better than equities, which are suffering from the Fed’s hawkish policy, if the demand outlook remains strong.Amid …

The majority of grocery stores have had trouble stocking up during the pandemic due to shortages of supplies and labour. Omicron is adding to the present trouble. Canceled flights, bare shelves at grocery stores, reduced bus schedules and schools closed due to staff shortages are only a few examples.The rapid …

A Wall Street firm sees a bumpy yet rewarding wave with semiconductor stocks in 2022 and named Nvidia stock its top pick. Several analysts are still optimistic about semiconductor stocks, despite their recent downturn. Some go further to call semiconductors the new oil of the rapidly digitizing global economy.Semiconductors do …

An investor’s mind is a funny thing when it comes to risk-return judgment. Research on risk-aversion has found that most investors dislike losses more than they find joy from gains. The result from this is that the magnitude of market selloffs pushed by news are worse than the velocity of …

UK stock markets shed 0.5% to close at 7,445 on Monday, in line with its European peers, as investors across the globe traded cautiously awaiting another US inflation data later this week that could provide further guidance on the Federal Reserve’s monetary policy path.US policymakers are now expected to raise …

The S&P 500 Index has dipped under 4600 and is down by another more than 1.5% as the equity downturn continues. Concerns about Fed’s tightening policy and higher US bond yields continue to be the main driver of the selling. The equity bears have picked up where they left off …

Canada’s main stock index, the S&P/TSX, fell to three-week lows below the 21,000 mark, amid a global risk-off sentiment fueled by growing concerns that the Federal Reserve will bring forward rate hike plans. Technology stocks dipped 2.3%, falling for the sixth session in a row as bond yields continue to …

Nonfarm Payrolls relatively disappointed prior estimates, but the labor market indicators were stronger than expected. The employment data has had a modest impact on the forex market. In the light of the NFP data, the US Fed is very determined to move out of easing policy settings.Economic DataNonfarm Payrolls (NFP) …