Nasdaq and S&P 500 dropped from peaks due to large-cap stocks; investors turned to small-caps on hopeful rate cut signals.A recent Labor Department report indicated a…
Browsing: Finance and Investing
Asian stocks hit record highs Thursday; sterling reached a four-month peak on strong growth, as traders anticipated easing U.S. inflation.U.S. stocks reached new highs on Wednesday,…
China’s consumer prices rose for a fifth month in June but missed expectations, while producer prices continued to decline amid slow economic recovery efforts.Beijing aims to…
Japan’s wholesale inflation accelerated in June due to yen declines, raising raw material import costs and rate hike expectations.Rising global commodity costs and ending fuel subsidies…
The S&P 500 and Nasdaq hit record highs as Nvidia surged, while Fed Chair Powell’s testimony hinted at potential rate cuts.Nvidia surged 2.4%, while Applied Materials…
The Nasdaq and S&P 500 hit record highs Monday, while the Dow reached a one-month high, as investors awaited key reports.Advancing issues outpaced decliners by a…
Bitcoin plummeted to a four-month low, breaching support levels due to anticipated token sales and selling pressure from leveraged traders.The world’s largest cryptocurrency dropped over 8%,…
Global stocks rose as the U.S. dollar fell on Wednesday, driven by soft labor market data and expectations of Fed rate cuts.According to recent U.S. Labor…
Amazon founder Jeff Bezos plans to sell nearly $5 billion in shares following the stock’s record high, a filing revealed.After hours Tuesday, a notice revealed the…
British fintech Revolut achieved a record pretax profit of £438 million in 2023, driven by strong user growth and rising interest income.Revolut reported a record pretax…