Market Update

Wall Street stumbled on Thursday after Federal Reserve Chair Jerome Powell delivered remarks that many investors found underwhelming. Rather than providing fresh clarity on the future path of monetary policy, Powell stuck to familiar themes about inflation risks and economic uncertainty — a tone that left markets hesitant and prompted …

The hurricane that struck in August did more than disrupt immediate energy output; its ripple effects persisted well into October and continued to cast a shadow over asset behavior in the near term. Here’s how that residual impact played out — and how markets had to adapt to the “aftershocks.”The …

The British Pound Sterling has fallen to a two-week low against the US Dollar, as the American currency’s strength sweeps across global markets. The US Dollar Index (DXY), a measure of the dollar’s value against a basket of major currencies, has surged to a nine-week high at 99.39, reflecting widespread …

Delta Air Lines (NYSE: DAL) shares climbed nearly 6% after the carrier delivered better-than-expected third-quarter earnings and raised its full-year guidance, driven by resilient travel demand and effective cost management. Earnings Beat and Revenue Growth For the September quarter, Delta reported adjusted EPS of $1.71, surpassing analyst estimates of $1.53 …

Gold prices steadied above the $4,000 mark on Thursday, consolidating near record highs as markets digested news of a U.S.-brokered ceasefire between Israel and Hamas, while persistent geopolitical tensions and expectations of further Federal Reserve rate cuts kept demand for safe-haven assets elevated. At 1226 GMT, spot gold traded at …

U.S. stock index futures were little changed early Thursday, as traders took a cautious stance ahead of Federal Reserve Chair Jerome Powell’s comments and additional speeches from other policymakers later in the day. By 06:11 ET (10:11 GMT), Dow and S&P 500 futures were both flat, while Nasdaq 100 futures …

U.S. stock index futures were little changed early Thursday, as traders took a cautious stance ahead of Federal Reserve Chair Jerome Powell’s comments and additional speeches from other policymakers later in the day. By 06:11 ET (10:11 GMT), Dow and S&P 500 futures were both flat, while Nasdaq 100 futures …

Bitcoin prices were largely stable on Thursday, consolidating near $122,000 after a volatile week that saw the token hit record highs above $126,000. As of 02:20 ET (06:20 GMT), the world’s largest cryptocurrency was up 0.1% at $121,969.5, easing slightly as investors weighed profit-taking pressures and lingering macroeconomic uncertainty tied …

Gold prices eased on Thursday as investors took profits following the metal’s historic surge past $4,000 per ounce on Wednesday, driven by heightened geopolitical tensions and growing bets on U.S. interest rate cuts. Spot gold slipped 0.2% to $4,029.86/oz as of 06:42 GMT, retreating from a new record high of …

Asian equities advanced on Thursday, with technology shares leading gains as investor enthusiasm for artificial intelligence continued to drive momentum in chipmaking and software sectors. The upbeat tone followed record closes on Wall Street, where the S&P 500 and NASDAQ Composite surged on renewed optimism around AI demand and expectations …