(Bloomberg) — Chinese stocks capped another strong week of gains, intensifying a debate over the fate of a rally that’s defied the nation’s economic troubles to add $1.3 trillion in market value just this month. Turnover for the onshore market climbed to a record this month as the benchmark CSI 300 Index (000300.SS) rose for…
By Rae Wee SINGAPORE (Reuters) -Asian stocks edged higher on Friday, riding a tech-driven rally on Wall Street, with investor focus now turning to a key U.S. inflation reading due later in the day for further clues on the Federal Reserve’s rate outlook. The results from artificial intelligence heavyweight Nvidia‘s this week, which fell short…
Futu Holdings is expanding its footprint in Hong Kong with the opening of its first flagship store and inaugural Institutional and Private Wealth Services centre in Causeway Bay, underscoring the online brokerage’s ambition to capture the city’s growing base of high-net-worth clients. The new centre, occupying two floors with a combined area of more than…
Shares of financial services company Robinhood (NASDAQ:HOOD) fell 3.5% in the afternoon session after the company was passed over for inclusion in the prestigious S&P 500 index. The stock fell after S&P Dow Jones Indices announced that Interactive Brokers Group would be added to the index instead. This decision disappointed Wall Street, as Robinhood was…
Good morning. Your English teacher and your gym teacher are getting married, so I’m told. Yes, Taylor Swift and Travis Kelce announced their engagement yesterday with a carousel of photos. Both were clad in Ralph Lauren. You can see the NFL star pictured down on one knee and the pop singer’s diamond engagement ring (it’s…
SHANGHAI/HONG KONG (Reuters) -China’s stock market is on a tear supported by state money and big institutions, and analysts say the absence of retail investor euphoria suggests the rally has legs even as the economic recovery struggles to gather pace. The benchmark Shanghai Composite (000888.SS) Index is up by a quarter since April and at…
A statue of a bull in Pudong’s Lujiazui Financial District in Shanghai, China, on Monday, Aug. 18, 2025. A gauge of Shanghai-listed stocks closed at its highest level in a decade, as cash-rich local investors plow into a market that has surged amid easing trade tensions with the US. Photographer: Raul Ariano/Bloomberg (Bloomberg) — A…
U.S. markets were steady Tuesday morning after President Trump said he had removed Lisa Cook from the Federal Reserve’s Board of Governors, an unprecedented move that analysts say could rattle investors. As of 9:45 a.m. EST, the S&P 500 was down 2 points, or 0.1%. Meanwhile, the Dow Jones industrial Average gained 2 points. The…
Prostock-studio / Envato Moneywise and Yahoo Finance LLC may earn commission or revenue through links in the content below. According to the 2025 Northwestern Mutual Planning & Progress study, the average American now believes they need $1.26 million to retire. That’s $200,000 less than they said they needed last year, and nearly the same as…
When you have little more than a basic understanding and minimal experience, one option for investing in the stock market is to use passive management funds, which are typically characterized by higher diversification, lower risk and reduced commissions. Even the most inexperienced investors should’ve read that opening sentence and thought, “This must be about ETFs.”…