Global Stock Market

Nonfarm Payrolls (NFP) in the United States increased by 336,000 in September, according to the US Bureau of Labour Statistics (BLS) on Friday. This reading was significantly higher than the market forecast of 170,000. The 187,000 increase in August was also raised higher to 227,000. The unemployment rate stayed at …

US stocks have shown relatively steady performance as investors await the September jobs report. Wall Street stocks recovered ground on Thursday, finishing just below the flatline after breaking a three-day losing streak on Wednesday. The S&P 500 and the tech-heavy Nasdaq Composite were down a modest 0.1%. A pullback in …

The US government is on the verge of a temporary shutdown starting this Sunday, October 1st. Once again, Democrats and Republicans in the world’s largest economy are in a deadlock over how to allocate fiscal funds. Looking back, since 1981, the US government has partially suspended operations 14 times. The …

As Treasury rates surged on Wednesday, Wall Street’s major indexes declined in choppy trading conditions as investors awaited news on a US funding bill and this week’s inflation data to determine the Federal Reserve’s stance for monetary policy outlook.The 10-year Treasury yields changed course to reach a new 16-year high, …

Stocks and equities worldwide were lower on Tuesday due to US 10-year Treasury yields staying close to 2007 highs, while fears of higher interest rates ate into appetites for riskier assets. The dollar index eased from a 10-month high but was still rising, and the Japanese yen bounced from an …

The German DAX lost 151 points, and the FTSE lost 60 points, as European stocks generally ended the day lower. European stocks fell as a result of rising rates and economic worries, while exporters with considerable exposure to Chinese markets also suffered. Equities were also influenced by rising commodity prices …

US stocks opened higher after the release of inflation data by the Bureau of Labor Statistics, showing prices rose 3.2% in July from a year ago, marking the first increase after 12 months of steady declines. Overall inflation has dropped from last summer’s peak of 9.1%. The 10-year Treasury rose …

The US Dollar Index finished marginally lower on Thursday after reaching 105.73, the highest level since March. The DXY pulled back during the American session amid a correction of the US Dollar and a pullback in US Treasury yields.Economic DataData from the US came in mixed, with a decline in …

S&P 500 firmly off course as US equities take a tumble on hawkish Fed.Equity indexes extending daily declines heading into Friday market session.US Treasury yields stepped higher as Fed sees rate higher for longer.The Standard & Poor’s (S&P) 500 continued its trip down the charts, sliding into $4,330.00 to end …

After the US Federal Reserve kept key interest rates unchanged and revised economic projections higher, Wall Street declined even as Fed Chair Jerome Powell warned the battle against inflation was far from over. All three major US stock indexes whipsawed in the wake of the announcement and the accompanying Summary …