Investors should not be overly worried about the potential government shutdown's impact on the market, as historical trends indicate that any weakness will likely be a buying opportunity from a short-term trading perspective.
This article discusses a 5-minute bar chart for Comex gold futures, which provides valuable insights and trading signals for active intra-day gold futures traders.
London's office market is experiencing a "recession" as office vacancies reach a 30-year high, with a 20% decrease in office usage due to remote and hybrid work, leading to a loss of pricing power for landlords and a shift towards green offices, according to financial services company Jefferies.
Coinbase has obtained regulatory approval to offer perpetual futures to retail customers outside the U.S., marking its entry into the largest market in the cryptocurrency industry.
Market intelligence startup AlphaSense has raised $150 million in a Series E funding round led by Bond, bringing its valuation to $2.5 billion, as it aims to capitalize on the growing market and stay ahead of emerging competitors like ChatGPT.
Dow Jones futures, along with S&P 500 futures and Nasdaq futures, rose slightly after hours, while the stock market correction hit new lows on major indexes and Amazon faced a sweeping antitrust lawsuit filed by the Federal Trade Commission and 17 states.
The German economy is projected to contract by 0.6% in 2023 due to rising interest rates and high inflation, according to five economic institutes.
Stocks opened lower on Tuesday as investors faced the likelihood of the Federal Reserve not cutting interest rates any time soon, leading to concerns about higher interest rates, rising treasury yields, and a potential government shutdown.
Stock futures declined and Treasury yields moved higher as belief grows on Wall Street that the Federal Reserve likely will keep interest rates higher for longer.
US home prices reached a new record high in July, marking the sixth month in a row of price gains, due to low inventory levels.
Nvidia stock is seeing declines amid concerns about market valuation and the demand for artificial intelligence, but there is hope that a resurgence in the stock could spur the semiconductor industry and the wider market.
Wall Street stocks slipped as investors reviewed data on the US economy, with the S&P 500 and the Dow Jones Industrial Average trading slightly lower, and the Nasdaq Composite dropping further; the 10-year Treasury yield continued to rise, and oil prices turned lower after hitting new highs.
St. Louis' largest health system, BJC HealthCare, plans to merge with Kansas City's second-largest, Saint Luke's Health System, uniting more than 28 hospitals on both sides of Missouri by the end of this year, a move that is part of a trend of cross-market hospital mergers that can lead to increased costs for patients.
Stock markets were mixed on Wednesday, with the S&P 500 and Nasdaq Composite making modest gains while the Dow Jones Industrial Average finished lower; small-cap stocks performed well, with Hayward Holdings and GEO Group seeing strong performances.
Stocks closed mixed on Tuesday as investors worried about higher interest rates, rising bond yields, a spike in oil prices, and the possibility of a government shutdown, though a stronger-than-expected reading on U.S. manufacturing activity provided some positive news. The ongoing autoworkers strike and inflation concerns also weighed on market sentiment, while oil prices continued to rise, benefiting certain energy companies. Despite concerns, historical data suggests that government shutdowns have not had a significant negative impact on stocks in the past.
Stocks tumbled and fears about the US economy grew as economic data revealed a cloudy outlook and the potential for further interest rate hikes from the Federal Reserve.
The EU has re-imposed a fine of €376.36 million on Intel for anticompetitive practices that excluded competitors from the market in breach of antitrust rules.
Asia-Pacific equity markets finished mixed as Japan's Nikkei fell 1.54%, Hong Kong's Hang Seng declined 1.36%, and India's SENSEX closed 0.92% lower, while Australia's ASX All Ordinaries and China's Shanghai Composite were nearly flat, Taiwan's TAIEX rose 0.27%, and South Korea's markets were closed for the Chuseok Festivity; European markets were mostly flat to lower in midday trading, and US equity futures indicated a flat to mixed open as some Nasdaq 100 names faced pressure.
Stock futures in the US edged higher after a sell-off triggered by the Federal Reserve's indication of higher interest rates, with the S&P 500 on track for a rebound after its worst day since March.
Japanese firm Toshiba is set to end its 74-year history on the stock market as a consortium led by Japan Industrial Partners (JIP) has acquired a majority stake, allowing them to complete a $14 billion deal to make the company private. This comes after Toshiba faced setbacks in recent years, including overstating profits, major losses, and collusion with the Japanese government.
European markets are poised to open lower due to upcoming interest rate decisions from several central banks, while global markets react to the U.S. Federal Reserve's announcement to hold interest rates steady and raise economic growth expectations.
Instacart, the San Francisco-based grocery delivery company, had a successful debut on Nasdaq with a closing gain of approximately 12%, marking its transition to a public company.
Insurers are struggling to make a profit in parts of the US due to climate change exacerbating the losses caused by disasters such as fires and floods.
Wall Street indexes gain as investors analyze economic data and await progress on a U.S. funding bill, while tech stocks steer a jump in the Nasdaq.
The Magnificent Seven, a group of mega-cap stocks including Alphabet, Amazon, Apple, Meta Platforms, Microsoft, Nvidia, and Tesla, are predicted to have upside according to Wall Street, with Nvidia being the top buy due to its leadership in graphics and artificial intelligence, new revenue streams in software and services, and remarkable growth. However, investors should consider the high valuation and potential volatility.
Gold prices stabilize near a six-month low as the dollar remains strong and investors await U.S. economic data for insight into the Federal Reserve's interest rate plans.
Stocks were mixed with the Dow Jones slipping, the S&P 500 unchanged, and the Nasdaq adding, while oil prices surged and China Evergrande Group's shares were suspended due to the chairman being under police surveillance, all as the possibility of a U.S. government shutdown adds uncertainty to the market.
European markets are expected to open higher after a period of negative momentum, as investors assess inflation, interest rates, and global economic health, while also keeping an eye on preliminary inflation readings from Germany and Spain for September.
Oil prices hit their highest levels in over a year as ongoing production cuts raise concerns about the global economy, while the specter of $100 oil looms and supply tightness becomes apparent with reduced stockpiles and increased refining. Higher interest rates may dampen crude demand, but for now, the focus remains on supply.
U.S. futures are trending higher after a dismal performance on stock indices, with oil futures also increasing and treasury yields hovering around 4.50%, while in Asia-Pacific markets, most indices ended higher due to positive economic data.
Wall Street's forecasts of corporate earnings are expected to decrease, which will likely impact the stock market.
Oil prices rose by more than $1 a barrel on Wednesday as markets focused on supply tightness heading into winter and a "soft landing" for the U.S. economy.
India could be one of the fastest-growing markets for JPMorgan in the Asia Pacific region next year, as companies look to diversify their supply chains beyond China and take advantage of India's scale and potential for high-end manufacturing.
European markets are set for a mixed open as investors weigh inflation, interest rates, and global economic health, while Asian markets and US stock futures experienced mixed results.
Most Asian currencies, including the Thai baht and Malaysian ringgit, weakened against the US dollar as the greenback continued to strengthen due to hawkish Federal Reserve rhetoric and rising US Treasury yields, leading to concerns over inflationary pressures in net importers such as Thailand and India.
Stocks closed lower across the board as rising Treasury yields and disappointing economic data, including a drop in consumer confidence, contributed to the September selloff, while concerns over a potential government shutdown added to worries and Moody's warned of a potential U.S. credit downgrade.
Wall Street's decline due to high U.S. bond yields is expected to impact Asian markets, which will be further influenced by the Bank of Thailand interest rate decision, Australian consumer price inflation, and Chinese industrial profits.
The Cboe Volatility Index (VIX) has reached its highest level since May as the S&P 500 experiences a selloff, indicating expected volatility in the stock market.
The S&P 500 is expected to reach a new all-time high by mid-2024 as the Federal Reserve is projected to stop raising interest rates, according to JPMorgan strategist AJ Oden. This forecast suggests a minimum increase of 12% from current levels.
Higher interest rates are causing a downturn in the stock market, but technological advancements in recent decades may provide some hope for investors.
The recent capital raise by Enbridge and new U.S. deals have sparked optimism for a revival in Canadian equity capital markets issuance after hitting a 22-year low in 2022.
The S&P 500's potential for a long-term bull market relies on it surpassing a key level.
Sales of newly built homes in the housing market decreased by 8.7% last month, indicating that higher mortgage rates are negatively impacting the industry.
The recent decline in the stock market is overshadowed by the more significant drop in US and foreign bond markets, indicating a fundamental shift in perception and a signal of higher interest rates globally.
Asian currencies showed mixed performance against the U.S. dollar, with the yen and yuan experiencing slight declines while the rupee remained stable.