The Thai government, under Prime Minister Srettha Thavisin, aims to strengthen the capital market by promoting sustainability, attracting foreign investment, and supporting digital businesses and SMEs.
U.S. household net worth dropped by $1.3 trillion, or 0.9%, in the third quarter due to stock losses, while household debt continued to rise amid high inflation.
Anheuser-Busch InBev ADR experienced a slight increase in stock price as the S&P 500 and Dow Jones Industrial Average also rose, while other competitors such as Kirin Holdings, San Miguel Corp., and Compania Cervecerias Unidas also saw gains.
U.S. stocks finish higher, with the Dow, S&P 500, and Nasdaq all posting gains.
Tech stocks led the major averages higher on Thursday as investors looked to labor market data for clues on interest rates, with the S&P 500 and Nasdaq Composite experiencing gains while the Dow Jones lagged behind.
Bitcoin's recent price surge has been driven by anticipation of a spot ETF approval, but analysts overlook the rejections at certain resistance levels and whales reducing their leveraged long positions, indicating a cautious market sentiment.
The USD/SEK pair is down by 0.35%, with the US Dollar showing weakness ahead of key labor market data on Friday.
S&P 500 is expected to rally to 5,200 by the end of next year, driven by falling inflation, lower interest rates, and faster-than-expected erasing of financial conditions, according to Tom Lee, the head of research at Fundstrat Global Advisors.
Tech stocks led a market rally as investors analyzed labor market data for clues about interest rates, with the S&P 500 and Nasdaq Composite posting gains, while the Dow Jones Industrial Average lagged behind; Alphabet shares surged after the company launched new AI initiatives, and AMD stock soared after launching an advanced chip for generative AI.
Elon Musk's SpaceX is in talks to sell $500 million to $750 million of stock at a valuation of $175 billion or more, making it more highly valued than any initial public offering in U.S. history, and surpassing the market cap of companies like Disney and Comcast.
The euro climbed against the US dollar as investors increased bets of a rate cut by the Federal Reserve, making the US dollar the worst-performing currency.
The stock market saw gains across major indexes as the Nasdaq led the way with a 1.3% increase, while the Dow Jones Industrial Average and the S&P 500 also recorded gains of 0.3% and 0.8% respectively, and all three indexes remained above their 50-day moving averages.
Market expectations for inflation over the next 10 years are declining, signaling renewed confidence in the Federal Reserve's ability to control price increases in the long term. The 10-year breakeven rate, which represents market-implied inflation expectations, has fallen to around 2.16%, down from 2.5% in October. This reflects the belief that inflation will gradually return to a more normal level of around 2%.
JPMorgan's bearish stock market outlook for 2024 may be challenged by a surge in small cap stocks that have been previously overlooked.
The text provides information about the compatibility of different browsers with Barchart.com and highlights the features and tools available on the website, including stock screeners, market overviews, ETFs, futures, and options.
Starbucks has lost nearly $12 billion in market value over the past month due to slower sales, tighter consumer budgets, and ongoing labor strife, with some speculating that the chain has been impacted by boycotts related to the Israel-Gaza war.
Bitcoin is showing signs of an "early bull market" as it experiences its first ever weekly "golden cross," potentially indicating considerable upside and contradicting bearish price predictions.
The success of a movie at the box office can be attributed to various factors, and similarly, the returns of an equity portfolio can be attributed to factors such as market capitalization, momentum, value, quality, and volatility. While most Indian mutual fund investors focus on market capitalization, there is an opportunity to allocate based on other factors such as momentum, low volatility, value, and quality, which offer diversification and better risk-adjusted returns. Factor-based indexes can be useful additions to investors’ portfolios, providing exposure to different factors and reducing factor-specific risks.
The text provides a schedule of shows on Fox Business Channel, Fox News Channel, and Fox News Radio, including "The Evening Edit with Elizabeth Macdonald," "Your World with Neil Cavuto," and "Special Report with Bret Baier."
The majority of Americans believe that it is a bad time to buy a home due to slowing economic growth, high home prices, and elevated mortgage rates, despite a decline in rates during November; however, experts predict a potential retreat in mortgage rates next year, but the persistent lack of housing inventory may continue to suppress home purchase sentiment.
The price of Bitcoin has risen by 25% in the past month, with South Korean crypto traders playing a significant role in the rally, particularly in the trading of altcoins. While the Korean market is predominantly retail-based, the potential impact of institutional trading in the future is noteworthy. There is no specific regulatory change that can explain the surge, but rather a strong retail interest in the Korean crypto market aligning with the global trend of Crypto Spring.
Outgoing draft picks in the upcoming NBA trade market could heavily influence team decisions, with several teams projected to make trades before the deadline based on their 2024 first-round picks. Notable teams involved include the Detroit Pistons, Washington Wizards, Portland Trail Blazers, Charlotte Hornets, and Utah Jazz as potential sellers, while the Dallas Mavericks, Sacramento Kings, Los Angeles Lakers, Brooklyn Nets, and Oklahoma City Thunder are likely to be buyers.
The market is signaling disagreement with the Federal Reserve's stance on interest rates, as investors dismiss the Fed's hints of rate cuts and express skepticism towards the central bank's credibility. Despite the Fed's aggressive rate hikes, the strong jobs market, low unemployment, and resilient corporate earnings suggest that a recession is unlikely in the near term. Inflation is also cooling and approaching the Fed's target, prompting market consensus that the central bank should ease its policy sooner than it intends.
The article provides a brief synopsis of economic data, commodities, and markets in the December 9th, 2023 edition of The Economist.
Market eagerness to price in lower interest rates may actually restrict the Federal Reserve from making its long-awaited dovish pivot, according to economist Mohamed El-Erian, as the markets' affinity for rate cuts loosens financial conditions and delays the rate cuts that the markets are betting on, heightening the Fed's concerns about inflationary pressures.
US stocks were higher on Thursday, with the Dow Jones Industrial Average lagging behind, as investors looked to labor market data for clues on interest rates, and the latest weekly jobless claims came in as expected.
Apple crossed a $3 trillion market capitalization following a surge in stock price, and although its revenue fell in fiscal 2023, factors such as improved revenue trends and strong growth in its high-margin services segment justify the premium valuation and make it at least a hold for investors.
This article provides information on a 5-minute bar chart for Comex gold futures, which can be a valuable tool for active intra-day gold futures traders.
The upcoming jobs report could influence the Federal Reserve's decision on interest rates as the labor market is expected to cool further, potentially affecting the economy and inflation.
Dow Jones futures dip slightly, while S&P 500 futures and Nasdaq futures rise; AMD and Google rebound after AI chip announcements, but AMD stock reverses lower and Microsoft stock holds steady; concerns arise about a slowing economy as Treasury yields and crude oil continue to tumble.
US stock futures are mixed as investors look to labor market data for clues about future interest rates, with the Dow set for another decline while Nasdaq 100 futures point to a rebound for tech stocks.
Market participants are cautiously approaching the week with US jobs data and focusing on upcoming Central Bank Meetings, with a possible policy pivot from the Bank of Japan causing volatility in USD/JPY.
Music streaming service Spotify is cutting 1,500 jobs, or around 17% of its workforce, due to higher debt-refinancing costs, highlighting the debt-market time bomb looming for many companies as interest rates rise.
Crypto companies, such as Robinhood, may target compliance staff as they expand into Europe and the UK due to new regulations, increasing the demand for skilled employees with higher salaries.
Bitcoin's current bull run is characterized by a stair-step price pattern and lacks significant pullbacks, possibly due to a spot-market-driven rally and low leverage, indicating a healthy and sustainable bull market.
Bitcoin's long-term holders (LTHs) are refusing to sell their coins despite the recent bull run, with those who bought Bitcoin in late 2020 still holding onto their coins and waiting for higher prices before selling, according to data from the HODL Waves metric.
U.S. stock futures trade lower as investors shift focus to potential earnings reports from Dollar General, Verint Systems, Lululemon Athletica, Couchbase, and Broadcom.
Despite a decrease in job postings and overall economic weakness, the UK labor market remains tight and shows resilience, with the imbalance of labor demand and supply gradually easing, according to data from recruitment platform Indeed.
The US Dollar Index reached its highest level in nearly three weeks, while the Bank of Canada left its policy rate unchanged, and the Euro and British Pound continued to decline.
Chinese engineers have successfully produced ultra-thin stainless steel sheets that were once as expensive as gold to import, eliminating China's reliance on other countries for the product in a breakthrough for the domestic industry.
The FII conference in Hong Kong highlighted the city's potential as a bridge between China and the Middle East, with a focus on capital markets, tech, and innovation driving the transition to a sustainable future, while also discussing concerns related to AI, advanced technology, and sustainability.
The outlook for equity markets is uncertain due to various global and domestic factors, but experts suggest that market corrections can present opportunities for investors to invest more and diversify their portfolios.
The Los Angeles Angels are actively searching for starting pitching upgrades on the trade market, engaging with rival clubs for players like Shane Bieber, Corbin Burnes, Tyler Glasnow, and Alek Manoah, in an effort to improve their roster and potentially push them into the luxury tax for the first time in franchise history.
Asia-Pacific markets prepare for mixed open as China and Australia trade data is awaited, with economists forecasting a decline in China's November exports and a rise in imports, while oil prices hit their lowest level since June; S&P/ASX 200 loses 0.14% in early trade, Hong Kong's Hang Seng index set for a stronger open, and Japan's Nikkei 225 expected to fall; in the US, the Dow Jones Industrial Average, S&P 500, and Nasdaq Composite all retreat on Wednesday as investors assess falling inflation data and await jobs report; US crude falls below $70 a barrel, closing at lowest since June; Federal Reserve has achieved a successful soft landing, according to Schwab Asset Management CEO; JPMorgan Chase CEO Jamie Dimon criticizes cryptocurrency and suggests it should be banned; US economy on track for marginal growth in Q4, with GDPNow tracker pointing to 1.3% growth.
Pfizer's stock experienced a slight decrease in the latest trading session, lagging behind the S&P 500, the Dow, and the Nasdaq, and analysts are closely watching the company's forthcoming earnings report which is expected to show a significant decrease in revenue and EPS compared to the previous year.
Nearly 60% of Americans believe that the U.S. economy is currently in a recession, despite positive economic indicators such as low unemployment and steady growth.
The hemp market is expanding rapidly due to the legal framework and market trends, with both cannabinoid and non-cannabinoid uses showing promising growth potential in various sectors and industries.
Stocks and oil dropped as November's rally came to a halt after data revealed slower-than-expected jobs and wage growth in the US, leading to concerns about the global economy, while oil prices also fell due to a fragile US and global economy and doubts about OPEC members' commitment to production cuts.
Treasury Secretary Janet Yellen did not endorse expectations of Federal Reserve interest-rate cuts, but acknowledged that market reactions to data can be complementary to monetary policy.
US stocks slipped on Wednesday as oil prices hit lows not seen since June and fresh signs of economic malaise emerged, with the S&P 500 falling about 0.4% and the Dow Jones Industrial Average dropping nearly 0.2%, while the Nasdaq Composite shed roughly 0.6%.