- December 22nd, 2024
Asian stock markets exhibited mixed performances on Thursday following a historic high on Wall Street. Investors grew increasingly hopeful for U.S. Federal Reserve rate cuts after softer U.S. services data suggested a cooling economy, boosting market sentiment. The S&P 500,...
Nvidia’s revenue forecast on Wednesday rattled Wall Street, sending its stock down 2.5% in after-hours trading. The company projected its slowest revenue growth in seven quarters, raising questions about whether the artificial intelligence (AI) boom that catapulted Nvidia to prominence...
Wall Street’s optimism toward Chinese stocks is fading rapidly as persistent deflationary pressures, geopolitical tensions, and a subdued macroeconomic outlook weigh heavily on investor sentiment. Major financial institutions such as Morgan Stanley and Goldman Sachs have issued cautious outlooks, downgrading...
Asian markets faced a mostly lower trading day Tuesday, largely overshadowed by the rally on Wall Street, as investors interpreted the re-election of President Donald Trump as a potentially positive signal for certain U.S. stocks. Trump’s re-election and his administration’s...
Asian markets gained momentum following a positive close on Wall Street, as investors shifted their focus from megacap technology stocks to economically sensitive shares, including smaller companies. This rotation signals a broader optimism about the global economy’s recovery, despite ongoing...
As the end of August approaches, market participants are closely monitoring a series of economic indicators and corporate earnings reports that could provide crucial insights into the state of the U.S. economy and the global financial markets. While a Federal...