Global Stock Market

Wall Street closed with little change on Monday as investors await the US Fed’s decision to leave key interest rates unchanged on Wednesday, as expected. The three major US stock indexes ended a choppy session with nominal gains, as investors showed little conviction heading into the Fed’s two-day monetary policy …

US stocks sank Friday as the major indexes failed early on to build on a Thursday rally and were in danger of giving up the week’s gains.The S&P 500 was down 0.9%, while the Dow Jones Industrial Average retreated by 0.5%. The tech-heavy Nasdaq Composite plunged 1.4%, leading the way …

China has criticised the European Commission’s probe into its electric vehicle subsidies as being protectionist. Beijing claims that the investigation has harmed business ties between China and the EU. Analysts and Chinese industry executives who contend that the sector’s competitive advantage is not the result of subsidies are worried about …

On Thursday, when the European Central Bank hinted that its monetary tightening was coming to an end, European stocks had their largest percentage gain in six months. The Eurozone equities index increased 1.3%, while the pan-European STOXX 600 index increased 1.5% to reach a more than one-week high.European stocks climbed …

European stocks closed down 0.4% on Wednesday, with investors anticipating the latest rate call from the ECB. Inflation remains a significant issue for national European central banks, with the Bank of England caught between a rock and a bigger rock.The German DAX and France’s CAC40 both ended trading down around …

Dubai TV hosted Mohammed Hashad, Director of Research and Development at Noor Capital, member of the American Society of Technical Analysts, to comment on the performance of the most important assets in the financial markets this week.Asked about US stocks, which moved differently during the past week, but ended the …

As market participants wait for important Consumer Price Index (CPI) inflation data due in the middle of the week, where headline consumer inflation is predicted to nudge up to 0.5% MoM from the previous period’s 0.2%, US equities are benefiting from the tech sector in Monday’s trade. The expectation for …

Federal Reserve Bank of Chicago economists forecast that inflation will decline without pushing the US economy into a recession. They also described a Goldilocks scenario for a soft landing in a recent study. Inflation may fall below 2% by next year, negating the need for any rate increases.Stefania D’Amico and …

The largest retreat on Thursday’s declines on the S&P 500 and Nasdaq Indexes was Apple, along with a selloff in chip companies due to worries over China’s iPhone bans. Concerns about interest rates and persistent inflation increased as a result of a drop in weekly US unemployment claims. The S&P …

SoftBank Group’s Arm is aiming for a valuation of more than $52 billion in its initial public offering, making it the year’s largest stock market debut. According to a regulatory filing on Tuesday, SoftBank (TYO:9984) is issuing 95.5 million American depository shares of the Cambridge, United Kingdom-based company for $47 …