A busy week awaits the markets, with US inflation data that could cement expectations of a rate cut in September. […]
US Stocks Mixed, Tech Sector Falls on Geopolitical Fears
US stock markets traded mixed on Wednesday, with major technology stocks suffering a sustained decline on heightened geopolitical tensions. Technology […]
Bank of America Beats Forecasts with Strong Investment Banking Performance
Bank of America said Tuesday that revenue and earnings in the second quarter beat estimates, supported by higher fees in […]
US stock markets rise on rate cuts, bank and retail sales data to be released
U.S. stock futures rose on Tuesday, extending the session’s gains amid rising optimism about possible interest rate cuts, while bets […]
US stocks rise ahead of Powell’s second day of remarks
US stocks rose slightly on Wednesday, managing to stabilise after new record highs before hearing more comments from Federal Reserve […]
U.S. stock markets rise; Powell testimony looms
U.S. stock indexes rose on Tuesday as rising expectations of a rate cut in September lifted Wall Street ahead of […]
Market highlights for the week: Inflation, Biden, Powell
After a holiday-shortened week, investors will keep a close eye on the upcoming economic report on inflation, which is the […]
U.S. stock markets fall slightly after Powell’s testimony, with CPI in focus
U.S. stock indexes fell slightly on Monday as investors await both Federal Reserve Chairman Jerome Powell’s testimony and key inflation […]
U.S. stock prices rise on Fed outlook and jobs data
U.S. stock index futures rose on Wednesday on volumes affected by the holiday and helped by dovish comments made by […]
Fed has made “significant progress” in bringing inflation down: Powell
Federal Reserve Chairman Jerome Powell has predicted that inflation in the United States could return to the central bank’s 2% […]