Global Stock Market

Several world leaders have issues official statements denying any involvement in wrongdoing after a huge leak of millions of documents that reveal secret financial dealings of the global political elite.The Pandora Papers investigation, which involved a consortium of 600 journalists from a variety of global media outlets, is based on …

Facebook Inc. services experienced widespread outages Monday morning, adding to the social network’s worst and most miserable day.Facebook FB shares dropped as much as 6% to an intraday low of USD 323, which would be their worst single day decline since a 6.3% fall logged on 30 October 2020. The …

Wall Street’s main indexes fell on Monday as investors shifted interest in technology shares in the face of rising Treasury yields, while new concerns over trade erupted on U.S.-China trade relations providing another reason for caution.U.S. Treasury yields have been supported by recent data showing increased consumer spending, accelerated factory …

Canada’s building permits fell by 2.1% in August, driven by a significant drop in residential construction intentions in Ontario and British Columbia.The total value of building permits in August declined 2.1% on a month over month basis to a seasonally adjusted 9.66 billion Canadian dollars, or the equivalent of $7.64. …

US stock futures fell on Monday as investors prepared for the first full week of October trading, Dow futures fell 124 points or 0.4%, S&P 500 futures fell 0.4% and Nasdaq 100 futures lost 0.5%. Technology stocks including Nvidia and Zoom Video are down slightly in pre-market trading as investors …

The yield on the benchmark 10-year Treasury was at 1.49% in the first full trading week of October, below a 3-month high of 1.56% last week, as traders continue to digest the prospects for an early Fed tightening despite ongoing inflationary pressure. Last week, Fed Chair Powell said at the …

Wall Street Stocks advanced on Friday, as equities try to regain after closing out volatile September in the red zone.The Dow rose and did better than compared to the other two major indexes, as shares of Merck jumped over positive data on its COVID-19 antiviral pill. Friday’s moves come following …

China has ordered its top energy companies to secure winter supplies at all costs. The orders come with growing energy crisis in the country. The Chinese directive was issued during an emergency meeting presided by head of China’s energy section and industrial production Vice Premier Han Zheng.Zheng called all the …

Retreating oil prices impacted the Canadian stock futures on Friday, with investors awaiting GDP data for signals about the pace of the country’s economic recovery.Oil has fallen below $78 a barrel on the prospect that OPEC+ producers might step up a planned increase in global production to ease supply concerns.December …

Japanese shares plunged on Friday to a one-month low on mounting concerns that multiple disruptions to global supply chains may keep inflation high for much longer. Investor sentiment was also pressured by the postponement of a vote on an important spending bill for the administration of US President Joe Biden, …