Global Stock Market

The recent earnings report from FedEx has sent shockwaves through the financial markets, raising serious concerns about the health of the broader economy. The company, often considered a bellwether for the US and global economies, has reported weaker-than-expected results, primarily due to a decline in industrial shipments. This article will …

German automaker Mercedes-Benz has issued a profit warning, attributing the decline to a significant weakening of demand in the Chinese market. This announcement has caused a sharp drop in the company’s share price.The company has revised its full-year profit outlook downward, citing a “further deterioration” of Chinese consumer demand. The …

The Federal Reserve has lowered interest rates at its Sept. 17-18 meeting, decreasing the federal funds rate by 50 basis points to 4.75 to 5.0%. This is likely the first of a string of rate cuts that should help buoy the U.S. economy. Interest rates are one of the biggest …

The Dow Jones Industrial Average (DJIA) continued its remarkable ascent, reaching yet another all-time high on Thursday. This surge, driven by the Federal Reserve’s (Fed) recent interest rate cut and robust economic indicators, underscores the prevailing bullish sentiment in the market. The Fed’s decision to lower interest rates by 50 …

Asian stocks experienced gains in choppy trade on Thursday, spurred by optimism following an outsized 50 basis point rate cut by the Federal Reserve, though the central bank’s higher projection for neutral rates tempered the enthusiasm. Wall Street’s weak overnight close also weighed on sentiment. However, U.S. stock index futures …

The Federal Reserve’s recent decision to lower interest rates has sent ripples through the financial markets, sparking a surge in stock prices. While the move has initially been welcomed by investors, its long-term implications remain uncertain. Let’s delve deeper into the potential impacts of this rate cut on the economy …

U.S. stock index futures pointed slightly higher on Wednesday as investors awaited a highly anticipated decision by the Federal Reserve, which is expected to result in the first interest rate cut since March 2020. By 06:22 ET (10:22 GMT), S&P 500 futures were up by 8 points (0.1%), Nasdaq 100 …

US stocks began to show a mixed performance, leaning towards a decline, influenced by US retail sales data. This data highlighted the possibility of increased consumer demand and, subsequently, a return to higher inflation in the United States.Wall Street stocks had reached record highs on Tuesday before investors in the …

U.S. stock index futures edged higher on Tuesday as investors grew optimistic about the Federal Reserve’s anticipated rate-cutting cycle, with expectations leaning towards a larger reduction later this week. As of 06:15 ET (10:15 GMT), Dow Jones Futures climbed 115 points, or 0.3%, S&P 500 Futures gained 20 points, or …

Asian currencies saw muted activity in Monday’s holiday-thinned trade, with regional markets focused on the highly anticipated Federal Reserve meeting this week. While markets in Japan, China, and South Korea were closed for holidays, the Japanese yen made significant gains, hitting an eight-month high, as traders positioned ahead of key …