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…
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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…
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…
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…
Canadian stocks moved lower on Tuesday following remarks by the chair of the US Federal Reserve. The remarks raised concerns about the trajectory of interest rate…
Wall Street indexes were flat to higher Wednesday as tech stocks stabilized and investors awaited a key inflation report.Nvidia, the chip leader, fell 1.1% after rising,…