All three major U.S. indexes fell Monday as Treasury yields hit their highest levels since the summer and oil prices continued to climb amid Middle East tensions. Yields continued to surge as Friday’s blockbuster jobs report has many questioning how slow the Federal Reserve will go with further rate cuts this year—or if it may…
Shares in Asia jumped Monday, building on U.S. gains after Friday’s blockbuster jobs report fueled investor optimism. Oil prices paused their sharp rise as investors awaited Israel’s response to Iran’s missile attack. China’s markets reopen tomorrow after the Golden Week holidays. S&P 500 Futures: 5,766.25 ⬇️ down 0.58% S&P 500: 5,751.07 ⬆️ up 0.90% Nasdaq…
Don’t assume “an eye for an eye” response as Israel contemplates its next move against Iran and its proxies, with a top energy expert warning that oil markets aren’t fully pricing in geopolitical risks. Following the barrage of missiles Tehran launched at Israel earlier this week in retaliation for the killing of Hezbollah leader Hassan Nasrallah…
Shares in Hong Kong jumped while most other markets in Asia and Europe eked out small gains. Oil prices rose as investors awaited Israel’s response to Iran’s Tuesday missile attack. China’s markets remained closed for Golden Week holidays. S&P 500 Futures: 5,753.75 ⬆️ up 0.07% S&P 500: 5,699.94 ⬇️ down 0.17% Nasdaq Composite: 17,918.48 ⬇️…
U.S. markets had a whirlwind day on Monday. The Dow Jones Industrial Average initially plunged nearly 400 points after remarks from Federal Reserve Chair Jerome Powell before rebounding and ending the day above the record it set on Friday. Meanwhile, the S&P 500 also set a record, and the Nasdaq closed with gains after spending…
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Beijing’s economic stimulus measures extended China’s market rally into a second week, while Japan’s choice of former Defense Minister Shigeru Ishiba as the country’s next prime minister knocked down shares in Tokyo. S&P 500 Futures: 5,787.50 ⬇️ down 0.07% S&P 500: 5,738.17 ⬇️ down 0.13% Nasdaq Composite: 18,119.59 ⬇️ down 0.39% Dow Jones Industrial Average: 42,313.00 ⬆️…
U.S. markets were less sunny at close on Friday than in Asia, where stocks continued to rally on economic stimulus measures out of Beijing amid news that Japan’s former Defense Minister Shigeru Ishiba would become the country’s next prime minister. Still, all U.S. indexes were up from where they were five days ago as optimism on…
Markets in Asia continued to rally on Beijing’s economic stimulus measures, and Japan’s ruling party chose former Defense Minister Shigeru Ishiba to become the country’s next prime minister. S&P 500 Futures: 5,799.00 ⬇️ down 0.1% S&P 500: 5,745.37 ⬆️ up 0.4% Nasdaq Composite: 18,190.29 ⬆️ up 0.6% Dow Jones Industrial Average: 42,175.11 ⬆️ up 0.62% STOXX Europe…
Markets in Asia and Europe rallied for the second time this week on China news as Beijing unveiled more economic stimulus measures. S&P 500 Futures: 5,826.25 ⬆️ up 0.82% S&P 500: 5,722.26 ⬇️ down 0.19% Nasdaq Composite: 18,082.21 ⬆️ up 0.04% Dow Jones Industrial Average: 41,914.75 ⬇️ down 0.70% STOXX Europe 600: 525.20 ⬆️ up…