Global Stock Market

Bitcoin experienced a significant uptick, surpassing the $52,000 barrier after swiftly recovering from Saturday’s decline. Monday witnessed vigorous buying activity, propelling the price to its highest levels in the past five days, marking a notable resurgence to levels unseen since November 2021. Technically, Bitcoin faces minimal resistance levels until it …

All three main indices finished Thursday’s trading day in the green territory, recovering from sharp losses earlier in the week. The S&P 500 closed at a new record high. As of now this year, the 500-stock benchmark has closed on 11 consecutive record highs.The Nasdaq Composite gained 0.30% to conclude …

Michael Barr, the vice chair of the Federal Reserve’s Supervision Committee, sent out a statement to news outlets late on Wednesday stating that the FOMC and the Fed as a whole are still optimistic that US inflation will approach the 2% target.Barr is closely watching the situation and does not …

Chicago Fed President Austan Goolsbee has reassured investors that the central bank will be able to lower interest rates in 2024 despite a hotter-than-expected reading on consumer prices. The Consumer Price Index (CPI) exceeded expectations in January, rising 3.1% over the previous year and 0.3% over the previous month. Prices …

In a report unveiled on Wednesday, Shell projected a significant surge in global liquefied natural gas (LNG) demand, expecting it to soar by more than 50 percent by 2040. This uptick is anticipated as countries in South and Southeast Asia, along with China, intensify their adoption of LNG to bolster …

On Tuesday, the major US equity indices are trading much down. US inflation decreased in January, though more slower than anticipated. Wall Street’s fear measure, the CBOE Volatility Index (.VIX), is up over 6% today after surging 7.7% on Monday.The S&P 500’s key sectors all see significant midday losses. The …

The Chinese stock market collapse has significantly impacted foreign institutional investors, who considered China a key investment hub. The real estate crisis, slow growth, deflation, and demographic headwinds have worsened the outlook of the Chinese market. The recent uptick in the Shanghai Shenzhen CSI 300 index is insufficient to offset …

The Energy Sector is the best-performing major sector in the S&P 500 so far on Monday, rising 0.8% on the day. On the other hand, the Health Care Sector is down 0.3%. Diamondback Energy Inx. (FANG) is up more than 10% as the top gainer in the first half of …

Due to the parity of factors that affected the trading environment over the preceding period, the price movement of practically all traded assets closed last week’s trading on the global financial markets with a moderate change.These factors started with investors’ focus on the statements and comments by Federal Reserve Chair, …

PepsiCo reported mixed quarterly results as North American demand for its food and drinks weakened. CEO Ramon Laguarta said that U.S. sales broadly slowed down in the fourth quarter, partly due to pricing and consumers’ disposable income situation. US consumers are also shifting their behavior from eating and drinking at …