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Dow futures rise as China's reopening fuels year-end market optimism
Dow futures rose to start the last week of the year, as optimism over China's restrictive COVID policies ending sparked hope of a Santa...
merakifsi
Dec 27, 20222 min read
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Stock markets drift higher to end a rocky holiday week
Markets drifted higher in thin trading Friday morning on their way to a quiet closing of a rocky holiday week. As of 11:43 ET (16:43...
merakifsi
Dec 23, 20222 min read
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Oil steadies as rate hike fears counter tighter U.S. stockpiles
Oil steadied on Thursday after hitting its highest price in two and a half weeks as the impact of tighter U.S. crude stocks due to a...
merakifsi
Dec 22, 20222 min read
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Stocks surge as corporate earnings help investors shrug off recession fears
U.S. stocks surged in morning trading on Wednesday as investors tried to put worries about a possible recession in their rearview mirror....
merakifsi
Dec 21, 20222 min read
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Wall Street falls as recession worries persist
U.S. stock indexes fell on Monday, led by shares of Tesla (NASDAQ:TSLA) and other megapcap companies, as investors feared that the...
merakifsi
Dec 19, 20222 min read
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U.S. stocks extend losses amid recession fears
U.S. stocks were falling amid fears the Federal Reserve’s aggressive actions to tame inflation will push the economy into a recession. At...
merakifsi
Dec 16, 20222 min read
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U.S. stocks fall after Fed signals higher for longer stance
U.S. stocks were sinking on Thursday after the Federal Reserve signaled its higher for longer stance on interest rates. At 10:20 ET...
merakifsi
Dec 15, 20221 min read
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U.S. stocks surge as cooling inflation calms fears of Fed rate hikes
U.S. stocks surged on Tuesday after the report on November’s consumer price index showed inflation cooling more than expected. At 10:24...
merakifsi
Dec 13, 20222 min read
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Wall St rises on Microsoft boost; focus on inflation data, Fed
U.S. stock indexes rose at the start of an action-packed week on Monday, buoyed by Microsoft, while investors waited for inflation data...
merakifsi
Dec 12, 20222 min read
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Bank of Canada raises key rate 50bps, leaves future rate path open
The Bank of Canada raised its key overnight rate by 50 basis points to 4.25% but opened the door to a pause in further tightening amid...
merakifsi
Dec 7, 20222 min read
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Wall Street falls as jobs report keeps Fed on hike path
NEW YORK (Reuters) - U.S. stocks fell on Friday, although major indexes recovered from their lowest levels, as the November payrolls...
merakifsi
Dec 2, 20222 min read
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Wall St falls after bleak manufacturing data, Salesforce tumbles
Wall Street slipped on Thursday as a contraction in manufacturing activity last month clouded data showing a mild easing in inflation and...
merakifsi
Dec 1, 20222 min read
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Dow enters bull market as Powell talks up slower hikes ahead
he Dow closed in bull market territory after racking up gains on Wednesday as Federal Reserve Chairman Jerome Powell’s signal that rate...
merakifsi
Nov 30, 20222 min read
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China COVID cheer, Musk vs. Apple, weak Eurozone inflation - what's moving markets
Chinese markets and other risk assets rise as the National Health Commission said it will speed up vaccinations for seniors and moved...
merakifsi
Nov 29, 20224 min read
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China COVID protests, FTX pushback, Chevron in Venezuela - what's moving markets
The biggest anti-government protests in over 30 years gripped China at the weekend, calling for an end to the country's draconian...
merakifsi
Nov 28, 20224 min read
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China RRR cut, Black Friday post-COVID, German GDP - what's moving markets
It's the first COVID-free Black Friday in three years, and research is pointing to a healthy rebound in sales on Main Street, despite the...
merakifsi
Nov 25, 20224 min read
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China COVID woes, Fed minutes hit dollar, CZ's crypto fund - what's moving markets
It's Thanksgiving, and U.S. stock markets are closed for a well-deserved rest. The rest of the world is giving thanks for a set of Fed...
merakifsi
Nov 24, 20223 min read
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Revolt at Foxconn, layoffs at HP, Russian oil price cap - what's moving markets
Violence erupts at the Zhengzhou iPhone assembly factory owned by Apple supplier Foxconn, over the extreme conditions imposed in the...
merakifsi
Nov 23, 20223 min read
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Iger returns to Disney, China COVID woes, FTX aftershocks - what's moving markets
Walt Disney stock is selling like Taylor Swift tickets on the news that Bob Iger is to return to the CEO seat at the entertainment giant,...
merakifsi
Nov 21, 20224 min read
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Top 5 things to watch in markets in the week ahead
Wednesday’s Federal Reserve meeting minutes will be the main highlight of a holiday-shortened week, with investors on the lookout for any...
merakifsi
Nov 20, 20223 min read
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