Finance
Stocks were headed for gains early Thursday ahead of jobs numbers that could give the market a better sense of how the U.S. economy is faring. Futures tracking the Dow Jones Industrial Average climbed 47 points, or 0.1%. S&P 500 futures also added 0.1%, while contracts tied to the tech-heavy Nasdaq 100 rose 0.2%. Both…
The dollar just wrapped up its worst half of a year since 1973, but the US currency’s loss might be the stock market’s gain. Morgan Stanley predicts that the dollar will continue depreciating throughout the year but it views this trend as a “substantial, under-appreciated tailwind” for stocks, one that could drive fresh earnings growth….
Relieved investors have fueled a record-breaking rally for the S&P 500 and are betting on further gains. They could be left disappointed, veteran market watchers say. The benchmark US stock index plunged nearly 19% to below 5,000 points between February 19 and April 8 as President Donald Trump‘s tariff threats stoked fears of a trade…
Kepler’s David Brenchley identifies the investment trusts to consider if the dollar continues to weaken. Perhaps it’s the financial writer in me, but our long-awaited holiday to Japan was hastened by a currency that had moved heavily in our favour; the same may be the case for the US next year. We decided to take…
Vietnamese stocks hit highest in over three years Vietnamese stocks climbed to their highest in over three years after U.S. President Donald Trump said a trade deal with Vietnam has been struck. The benchmark Vietnam Index rose 0.3% to its highest since April 2022, data from LSEG showed. Top movers of the index stem from…
By Naomi Rovnick and Lucy Raitano LONDON (Reuters) -Big investors are mobilising to trade through weeks packed with wild-card events that may shatter the calm in stock markets and drive big swings for assets they see as exposed to both positive or negative surprises, from gold to corporate credit. U.S. Treasuries, the dollar, yen and…
It was a quiet session across financial markets ahead of the keenly anticipated U.S. nonfarm payrolls report, due Thursday at 08:30 a.m. Eastern. Major FX pairs remained rangebound, with traders reluctant to position ahead of the data. Politics & Central Banks UK Prime Minister Keir Starmer confirmed that Chancellor Rachel Reeves will stay on “for…
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Happy days are here again. At least, that seems to be the case. The S&P 500 (^GSPC 0.47%) tumbled as much as 19% below its previous high in early April, nearly entering a full-fledged bear market. However, those losses disappeared as the widely followed index made a spectacular recovery. Today, the S&P 500 is once…
President Donald Trump has made it clear what he wants: lower interest rates, and ASAP. That’s the thrust behind his yearslong feud with Jerome Powell, the Fed Chair who’s stood pat on interest rates, even amid pointed criticisms and threats from the president that his position is in jeopardy. Trump — who has, among other…