Global Stock Market

US stocks were poised for a strong finish to the week on Friday, buoyed by the latest reading on the Personal Consumption Expenditures (PCE) index, the Federal Reserve’s preferred inflation gauge. The data indicated that prices rose in line with expectations in July, easing concerns about persistently high inflation and …

Asian stocks rose on Friday, driven by a recovery in technology shares and month-end bargain buying, particularly in China, which helped to reverse some of the heavy losses seen earlier in August. Tech Recovery and Positive Wall Street Cues Boost Asian Markets The recovery in Asian markets followed a positive …

Bitcoin has exhibited substantial price volatility in recent times, trading within a narrow band between $60,000 and $65,000 per unit. This market instability has had a cascading effect on other, less valuable cryptocurrencies. For example, BNB has fluctuated between $460 and $635, with a discernible support level at $460 to …

Asian shares followed Wall Street futures lower on Thursday, with investor sentiment dented by Nvidia’s (NASDAQ: NVDA) less-than-anticipated earnings results. The tech-heavy index’s slip sent ripples through global markets, causing a broader selloff in Asian equities. Meanwhile, the U.S. dollar steadied, and the Treasury yield curve approached a positive turn, …

Nvidia has announced a significant $50 billion stock buyback. This decision was made by the company’s board of directors and was announced alongside the company’s fiscal second-quarter earnings, which exceeded Wall Street expectations.Nvidia has already returned $15.4 billion to shareholders through share repurchases and cash dividends during the first half …

Most Asian stocks declined on Wednesday, with technology-heavy indexes leading the retreat as investors awaited earnings from market favorite Nvidia. Australian stocks also took a hit following a higher-than-expected inflation report, while ongoing concerns about China further dampened market sentiment. Technology Stocks Under Pressure Ahead of Nvidia Earnings Asian technology …

US stocks rallied on Tuesday, driven by anticipation of Nvidia’s second-quarter earnings and expectations for a potential Federal Reserve interest rate cut. The Dow Jones Industrial Average, S&P 500, and Nasdaq Composite all posted modest gains. Nvidia, a tech titan, is under the spotlight as investors await its earnings report, …

Dow Jones Industrial Average (DJIA) reached a new all-time high of 41,419.65 on Monday, despite a generally quiet trading day. This follows a significant surge last week after the Federal Reserve signaled a potential rate cut in September.Investors are still digesting the impact of the Federal Reserve’s comments, which indicated …

As interest rate cuts become closer, investors are closely watching economic data to assess whether the “soft landing” scenario that has supported U.S. stock performance in 2024 can continue.Fed Chair Jerome Powell recently signaled an impending reduction in interest rates. The process is expected to begin next month with a …

U.S. stock index futures showed slight gains on Monday morning, as the markets appeared to take a breather following a robust performance last week. Investors are cautiously optimistic, bolstered by the expectation of a potential rate cut from the Federal Reserve in September. However, the upcoming week promises to be …