Global Stock Market

The sudden declaration by OPEC+ to further reduce output in what top producer Saudi Arabia called a precautionary move to protect market stability sent oil prices soaring on Monday. Brent oil reached its highest price in a month at $86.44 earlier in the day. At 03:47 GMT, it was trading …

As a crucial inflation figure came in lower than anticipated, U.S. equities were up. The Dow Jones Industrial Average was up 171 points, or 0.5%, at 10:01 ET (14:01 GMT), while the S&P 500 and the NASDAQ Composite were also higher. The Federal Reserve constantly monitors the personal consumption expenditure …

Official data showed on Friday that the pace of growth in China’s manufacturing activity slowed in March, which casts doubt on the strength of the industrial sector’s post-Covid recovery in light of weak global demand. As for the services sector, it was stronger, and its activity grew at the fastest …

Japan’s Nikkei index rose on Friday, the last trading day of the country’s fiscal year, and recorded its best week in two months after easing fears of a banking crisis and a weaker yen boosted investor sentiment. The Nikkei ended Friday, up 0.93 percent, at 28,041.48 points, to remain above …

With a gain of 0.57%, the S&P 500 finished at 4,050.83. The broad market index reached its highest point since March 7 throughout the day. The Nasdaq Composite rose 0.73% to close at 12,013.47 as investor interest in tech equities remained high. To close at 32,859.03, the Dow Jones Industrial …

US stocks pared back a rally as investors digested a round of comments from Federal Reserve officials suggesting more monetary tightening was needed to fight inflation even in the wake of turbulence in the banking sector. The S&P 500’s advance withered to 0.3% with financials again under pressure, while the …

When markets in the US and Europe are shaken by banking instability, a stronger Chinese-led growth in emerging markets will likely protect the equities, bonds, and currencies of many developing countries. But, weeks of market volatility brought on by bank collapses, rescues, and emergency government intervention could impact weak emerging …

The US Bureau of Economic Analysis (BEA) released its final estimate on Thursday, revealing that the US real Gross Domestic Product (GDP) increased at an annualised rate of 2.6% in the fourth quarter. This number was below than the 2.7% market forecast as well as the prior estimate. “The revision …

When investors turned their attention to analysing their end-of-quarter positions, Wall Street prepared to follow the rise in global equities, which reached their highest level in three weeks on Thursday. This rise was supported by expectations that the crisis in the banking industry is resolved. Government bonds in the euro …

The Japanese Nikkei index closed lower on Thursday after gains for three consecutive sessions, with a group of stocks trading without the right to distribute profits, while losses were limited as technology shares followed the path of the rally on Wall Street overnight. The Nikkei index fell 0.36 percent to …