On Tuesday, China announced stimulus measures to bolster its economy. Following this announcement, the widely watched global stock index reached a record high, and copper prices…
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Thanks to robust results from technology sectors, European markets began almost 1% higher on Thursday. Investors were waiting for the European Central Bank to announce its…
Asian shares rose on Friday and were poised for a solid end to August. Meanwhile, the dollar faced its worst monthly performance in nine months, as…
On Wednesday, Wall Street’s indexes were mixed as Alphabet fell, but moderating inflation kept hopes alive for a modest Fed rate cut. After a report, Google’s…
Apple supplier Foxconn exceeded expectations with a 6% profit rise, driven by AI server demand, affirming strong full-year growth. The world’s largest electronics maker anticipates strong…
U.S. producer prices rose less than expected in July, as service costs dropped, reinforcing hopes for an interest rate cut.The Labor Department report showed moderating inflation,…
U.S. stocks reached a two-week high Tuesday as softer producer prices fueled expectations of a September Federal Reserve rate cut.Megacap and growth stocks, led by Nvidia’s…
Wall Street’s indexes fluctuated amid recession fears and a yen surge, capping off a volatile week in global marketsAll major indexes faced weekly losses, with the…
The dollar neared a one-week high Friday, following a sharp drop in U.S. jobless claims, easing recession concerns. China’s yuan rose after stronger-than-expected inflation and a…
Asian stocks fluctuated Thursday, while yen and U.S. bonds tried rebounding, as global investors navigated a volatile market week. Japan’s Nikkei swung from -2.5% to +0.8%,…