Global Stock Market

U.S. stock index futures were steady on Friday as investors remained cautious about the size of the Federal Reserve’s expected interest rate cut next week. Speculation about a more substantial 50-basis point (bps) cut has increased, with the CME FedWatch Tool showing a 41% chance of such a move, up …

Most Asian markets advanced on Friday as investor attention turned to the Federal Reserve’s upcoming interest rate decision, potentially marking the first rate cut in over four years. Hong Kong’s markets led the region with strong gains, driven by bargain hunting in local technology heavyweights. Hong Kong Rallies on Tech …

Adobe (Nasdaq: ADBE) delivered a mixed bag of results in its third fiscal quarter of 2024. While the company reported strong top-line growth and record-breaking revenue, a cautious outlook for the fourth quarter sent its stock tumbling. A Strong Quarter, but a Cautious Outlook The software giant’s Q3 revenue surged …

The Dow Jones Industrial Average (DJIA) closed higher on Thursday, following a late-day surge. This rally was primarily driven by a softer-than-expected US Producer Price Index (PPI) report, which eased concerns about inflationary pressures and reinforced expectations for an imminent interest rate cut by the Fed. PPI Inflation Moderates: The …

Most Asian stocks advanced on Thursday, led by technology shares tracking an overnight surge in Nvidia, while Japanese markets outperformed following a softer-than-expected producer inflation report, which eased concerns over potential interest rate hikes by the Bank of Japan (BOJ). Tech Shares Lead Gains After Nvidia AI Optimism Regional technology …

The recent release of the August 2024 Consumer Price Index (CPI) report has provided valuable insights into the current state of inflation in the United States. While the headline inflation rate has continued its downward trajectory, underlying inflationary pressures persist, raising questions about the Federal Reserve’s future monetary policy decisions.Key …

The ECB’s Looming Decision: Navigating Complexities of Monetary PolicyThe European Central Bank (ECB) is faced with a crucial decision at its upcoming meeting: whether to lower interest rates or maintain a cautious stance. This choice is fraught with complexities as the ECB must balance the need to stimulate economic growth …

Tesla (NASDAQ: TSLA) shares continued to trend higher today, after an analyst assigned the stock a price target that is among the highest on Wall Street. Tesla stock has soared by over 25% in the last three months.Tuesday morning, shares were higher by as much as nearly 5% after Deutsche …

Asian stocks largely declined on Wednesday, driven by uncertainties surrounding the U.S. presidential race and growing concerns over trade tensions. Chinese markets took a particularly sharp hit, with the Shanghai Composite and Shanghai Shenzhen CSI 300 indexes falling 0.8% and 0.2%, respectively, reaching seven-month lows. Hong Kong’s Hang Seng index …

Mixed Market Performance: Investors are regrouping after a tumultuous few days in the markets. With a pivotal moment in the presidential campaign and the release of a key economic indicator just hours away, stocks were mixed, and oil prices fell to their lowest levels since December 2021.Political and Economic InfluencesTuesday …