Global Stock Market

Shares of the social media giant exploded nearly 20% in pre-market trading on Thursday after earnings report missed market expectations. Investors have long loved Meta for its ability to print money but soured on the name in 2022 amid slowing sales and fresh restructuring efforts. But they may now be …

The Euro fell against the Dollar on Thursday after the European Central Bank raised interest rates by 50 basis points in line with expectations while the Bank of England adopted a softer tone on inflation. The ECB plans to raise rates by the same amount at least once more next …

The Japanese Nikkei index closed slightly higher on Thursday, supported by technology stocks, after the Nasdaq index jumped on Wednesday night, while the rise of the yen affected exporters and limited the index’s rise. The Nikkei index rose 0.2 percent to close at 27,402.05 points. Of the stocks listed on …

Strong January as well as latest gains in the stocks market are driven by hope that the US interest rate hiking cycle is close to its end and that a pause is on the cards. If investors’ expectations are eventually found mistaken about this hope, a drop could be very …

Japan’s Nikkei index gave up early gains to end Wednesday’s session little changed, as caution dominated the market ahead of a crucial Federal Reserve decision later in the day. At the same time, the difference between the winning and losing stocks was significant, amid investors’ interaction with the local earnings …

The dollar rose on Tuesday, ahead of an expected series of central bank decisions, but remained on track for its fourth straight monthly loss. The Federal Reserve is set to set interest rates on Wednesday and this will be followed by interest rates from the European Central Bank and the …

The Japanese Nikkei index closed lower on Tuesday, as investors awaited the results of the Federal Reserve’s monetary policy meeting, and in light of corporate business results that showed mixed trends. The Nikkei fell 0.39 percent, ending trading at 27,327.11 points, after starting the session on a high. The index …

Amazon announced on Monday plans to shut down a center complex in Shakopee and lay off 680 employees at the facility which is a rented space and the lease is expiring. The decision will be effective as of March 31. Closure will be permanent at the end of May this …

Amid widespread risk aversion, Dow Jones futures fell on Monday morning, along with S&P 500 futures and Nasdaq futures, signaling a pullback following big gains in the latest trading sessions. The stock market rally cleared some major resistance last week. The major indexes had solid gains, responding bullishly to uneven …

The Dutch company Philips, which specializes in health technology, said on Monday, January 30, that it will cut 6,000 jobs to restore its profitability after withdrawing respirators that stopped 70% of their market value. The company said half of the job cuts will take place this year, while the other …