Finance
This week’s sell-off in UK gilts, sparked by a tearful Rachel Reeves in the House of Commons, showed how fragile investor confidence is in Britain’s precarious fiscal position. The merest suggestion that the chancellor may leave her job, caused by Sir Keir Starmer’s initial failure to fully back her on Wednesday, was enough to spook…
New York CNN — Stocks, bond yields and the dollar gained on Thursday after a strong jobs report soothed nerves about how the economy is faring during the early stages of President Donald Trump’s tariff campaign. After a shortened trading day in advance of Friday’s July Fourth holiday, the Dow closed higher by 344 points,…
Shares of Nike and other apparel makers rose on Wednesday after U.S. President Donald Trump said he had struck a trade deal with Vietnam that would impose a lower than initially expected tariff rate on many imports from the Southeast Asian country. Source link
Job growth proved better than expected in June, boosted by government hiring, as the labor market showed surprising resilience and likely took a July interest rate cut off the table. Nonfarm payrolls increased a seasonally adjusted 147,000 for the month, higher than the estimate for 110,000 and just above the upwardly revised 144,000 in May,…
NEW YORK (AP) — U.S. stocks are climbing further into record heights on Thursday after a report showed the U.S. job market looks stronger than Wall Street expected. The S&P 500 was up 0.8% in midday trading and on track to set an all-time high for the fourth time in five days. The Dow Jones…
Artificial intelligence is the greatest investment opportunity of our lifetime. The time to invest in groundbreaking AI is now, and this stock is a steal! AI is eating the world—and the machines behind it are ravenous. Each ChatGPT query, each model update, each robotic breakthrough consumes massive amounts of energy. In fact, AI is already…
Independence Day is almost here, and as you stock up on supplies or run errands, it is good to know what will be open, including the extended four-day weekend granted to state workers in Florida. In a June 23 news release, Gov. Ron DeSantis announced that state offices will be closed on Thursday, July 3,…
Shares of Datadog (DDOG) popped in premarket trading Thursday, a day after S&P Global’s announcement that the software firm would be joining the S&P 500 on July 9. A spot in the benchmark index opened up after Hewlett Packard Enterprise (HPE) on Wednesday completed its acquisition of fellow S&P 500 component Juniper Networks. Inclusion in…
Nvidia’s share price has rebounded sharply from its April lows, recording an over 60% rally to record high levels above $158 mark for the first time earlier this week. For the year, the chipmaker has gained 28% and is up 17% on a year-to-date basis. This sharp rally has pushed Nvidia to reclaim the title…
My top 10 things to watch Thursday, July 3 1. Wall Street is set for a higher open after better-than-expected June job creation. The S & P 500 closed at another record high yesterday as President Donald Trump announced a Vietnam trade deal. Investors are also watching House voting on the Trump-backed megabill of spending…