Financial powerhouses including JPMorgan, Wells Fargo and BlackRock reported strong earnings on Friday, sending shares soaring and Wall Street into new record territory. S&P 500 Futures: 5,856.50 ⬆️ up 0.47% S&P 500: 5,815.03 ⬆️ up 0.61% Nasdaq Composite: 18,342.94 ⬆️ up 0.33% Dow Jones Industrial Average: 42,863.86 ⬆️ up 0.97% FTSE 100: 8,253.65 ⬆️ up…
Shares in mainland China tumbled as U.S. inflation data clouded hopes for another Fed rate cut and traders awaited Beijing’s Saturday briefing on stimulus measures. S&P 500 Futures: 5,820.25 ⬇️ down 0.15% S&P 500: 5,780.05 ⬇️ down 0.21% Nasdaq Composite: 18,282.05 ⬇️ down 0.05% Dow Jones Industrial Average: 42,454.12 ⬇️ down 0.14% FTSE 100: 8,227.34…
Shares in mainland China rebounded as traders found renewed optimism for more stimulus measures. Traders around the word awaited U.S. inflation data for September—and the implications it will have for rate cuts at the Federal Reserve’s November meeting. S&P 500 Futures: 5,828.75 ⬇️ down 0.21% S&P 500: 5,792.04 ⬆️ up 0.71% Nasdaq Composite: 18,291.62 ⬆️…
Wall Street continued gaining Wednesday, with two major U.S. indexes closing at new record highs. Soaring stocks in the U.S. come in stark contrast to China, where markets plunged on a lack of new stimulus announcements. Here’s a look at the stock market today: S&P 500 Futures: 5,834.00 ⬆️ up 0.58% S&P 500: 5,792.04 ⬆️…
Shares in mainland China plunged as traders expressed their disappointment with the lack of new stimulus. The U.S. government’s possible attempt to break up Google weighed on tech. S&P 500 Futures: 5,792.50 ⬇️ down 0.14% S&P 500: 5,751.13 ⬆️ up 0.97% Nasdaq Composite: 18,182.92 ⬆️ up 1.45% Dow Jones Industrial Average: 42,080.37 ⬆️ up 0.30% …
China’s markets saw their biggest single-day drop since 2008 on Tuesday as markets reopened after the Golden Week holidays, setting off a ripple effect through Europe. Meanwhile, U.S. markets were nearing their September records as tech stocks saw major gains. S&P 500 Futures: 5,805.75 ⬆️ up 1.04% S&P 500: 5,751.13 ⬆️ up 0.97% Nasdaq Composite:…
STORY: China equity markets returned from a week-long holiday Tuesday, and promptly soared to two-year highs. The blue-chip CSI300 index jumped 10% in early trade, before settling back around 6% up by midday. Shanghai’s benchmark Composite index gained only slightly less. Tech stocks were among the top performers, with an index for chip firms surging…
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…
Mark Zuckerberg just secured his place as the world’s second-richest person for the first time ever—and he could be on his way to the top. The Meta CEO leapfrogged Amazon founder Jeff Bezos by $1 billion to take the number two spot on Thursday with a net worth of $206 billion, according to the Bloomberg…