U.S. stock index futures edged higher in early Friday trading, stabilizing after a mixed performance on Wall Street, as investors weighed a run of soft economic data that bolstered expectations for interest rate cuts later this year. At 05:35 ET (09:35 GMT), Dow Jones Futures rose 90 points, or 0.2%, …
Read More »White House Unveils ‘New’ AI and Energy Deals with Gulf States
The Trump administration unveiled a series of high-profile deals spanning the AI and energy sectors with the United Arab Emirates (UAE) on Thursday, May 15, 2025, at 11:03 PM +04, sparking optimism about economic collaboration. However, despite the enthusiastic tone from administration sources, many of these agreements appear to be …
Read More »Can US Stocks Sustain Their Winning Streak Amid Mixed Economic Signals?
US stock markets showed resilience on Thursday, May 15, 2025, at 09:06 PM +04, as the S&P 500 eked out a 0.3% gain, marking its fourth consecutive day of gains, while the Dow Jones Industrial Average rose 121 points, or 0.2%, to 42,377 points. The Nasdaq Composite, however, slipped 0.07% …
Read More »Wall Street Futures Slip as Focus Shifts to Economic Data and Walmart Earnings
U.S. stock index futures slipped on Thursday, easing from a strong week-to-date rally as investors awaited fresh inflation readings and retail sales data that could shape the Federal Reserve’s next move on interest rates. At 05:50 ET (09:50 GMT), Dow Jones Futures fell 135 points, or 0.3%, while S&P 500 …
Read More »Bitcoin Holds Near Highs Amid Fed Uncertainty, eToro’s Nasdaq Debut Sparks Industry Optimism
Bitcoin extended its pullback on Thursday, but the world’s largest cryptocurrency remained supported above the crucial $100,000 mark, as markets remained cautiously optimistic ahead of key U.S. inflation data that could shape the Federal Reserve’s interest rate path. As of 02:02 ET (06:02 GMT), Bitcoin slipped 1.3% to $102,422.5, retreating …
Read More »Can Nvidia’s Saudi AI Chip Deals Propel US Stocks and the Dollar Higher?
Nvidia’s stock surged 3.96% to $135.07 by 3:20 PM EDT on Wednesday, May 14, 2025, at 11:28 PM +04, extending a nearly 6% rally from Tuesday and pushing its market capitalization past $3 trillion for the first time since February, a move that has bolstered US stock indices and sparked …
Read More »U.S. Stock Futures Ease Slightly as Investors Digest Trade Optimism, Look to Fed Speakers and Earnings
U.S. stock index futures edged lower early Wednesday, as Wall Street took a breather following a strong rally fueled by optimism surrounding the recently announced U.S.-China trade deal. Dow Jones Futures dipped 10 points, or 0.1% S&P 500 Futures lost 5 points, or 0.1% Nasdaq 100 Futures fell 20 points, …
Read More »Bitcoin Rebounds on Softer U.S. Inflation, Fed Rate Cut Hopes
Bitcoin regained upward momentum on Wednesday, buoyed by softer-than-expected U.S. inflation data and improved sentiment following the temporary trade truce between the U.S. and China. As of 02:16 ET (06:16 GMT), Bitcoin rose 1.3% to $103,862.5, recovering from recent profit-taking that followed a strong rally above the $100,000 milestone last …
Read More »Wall Street Rollercoaster: How Stocks Reacted to the April 2025 Tariff Drama
The US stock market experienced significant turbulence following the April 2, 2025, announcement of mutual tariffs by the US administration, with institutional investors offloading stocks worth $19.52 billion through April 10, when a temporary suspension of these tariffs was enacted via executive order. This sell-off, spanning just over a week, …
Read More »US Stocks Show Mixed Gains as Softer April Inflation Data Emerges
US stock markets displayed a mixed yet upward-leaning performance on Tuesday, May 13, 2025, following the release of softer-than-anticipated US Consumer Price Index (CPI) data for April, which highlighted a slower rise in consumer prices. The Dow Jones Industrial Average slipped to 42,256 points, shedding approximately 150 points or 0.4%, …
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