U.S. Equity Futures Static Amid Fed Inflation Reading and Earnings Reports | [Website Name] U.S. Equity Futures Static Amid Fed Inflation Reading and Earnings Reports Traders anticipate Fed’s preferred inflation reading and major earnings reports Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, July 20, 2023. Brendan … Read more
StanChart shares rise after $1 billion share buyback, higher annual profit Hong Kong-listed shares of Standard Chartered rose 2.8% after the company announced a $1 billion share repurchase program. Hong Kong-listed shares of Standard Chartered rose 2.8% during afternoon trading following the company’s announcement of a $1 billion share repurchase program. This resulted in higher … Read more
Top Tech Stocks Soar as Nvidia Drives Market to New Highs Top Tech Stocks Soar as Nvidia Drives Market to New Highs S&P 500 and Nasdaq Composite Reach Record Levels The S&P 500 and Nasdaq Composite surged to new highs on Thursday. The S&P 500 gained 2.11% to close at 5,087.33, marking its best day … Read more
Japan’s Nikkei crosses 39,000 as robust earnings, investor-friendly measures drive risk-on sentiment Japan’s Nikkei crosses 39,000 as robust earnings, investor-friendly measures drive risk-on sentiment Japan’s Nikkei 225 hit a record high Thursday, powered by banking, electronics, and consumer stocks as robust earnings and investor-friendly measures fuel a blistering rally in Japanese equities this year. The … Read more
Amazon to Join Dow Jones Industrial Average Next Week – Highly Respected News Website Amazon to Join Dow Jones Industrial Average Next Week 11 Hours Ago Amazon, the e-commerce giant, is set to join the Dow Jones Industrial Average (DJIA) next week, marking a significant milestone for the company. Stock Market Implications This move is … Read more
Home Depot earnings beat estimates, but shares fall Home Depot reported better-than-expected earnings and revenue for the fourth quarter despite consumers taking on smaller projects at home. The company earned $2.82 per share on revenue of $34.79 billion. Analysts polled by LSEG expected a profit of $2.77 per share on revenue of $34.64 billion. CFO … Read more
News Article Need ‘More Clear Signals’ from Beijing for Aggressive Policy Easing, Analyst Says Published 7 Hours Ago China markets expert, Yan Wang, from the global investment research and strategy firm Alpine Macro, expressed the need for Beijing to provide “more clear signals” for aggressive policy easing to support the growth downturn. Wang believes that … Read more
Berkshire Hathaway Trims Its Apple Holdings An hour ago Warren Buffett’s investment firm, Berkshire Hathaway, disclosed a reduction in several holdings during the fourth quarter, including technology giant Apple and diversified technology company HP. In the latest securities filing, Berkshire Hathaway also requested the Securities and Exchange Commission (SEC) keep at least one of its … Read more
8 Mins Ago January’s strong CPI data sends stock futures down Stock futures slid on Tuesday morning, following a stronger-than-expected read on the latest consumer price index, a key measure of inflation. Consumer prices increased 0.3% in January, higher than the 0.2% rise expected by economists polled by Dow Jones. The annualized change of 3.1% … Read more
Weekly Market Report: S&P 500 on the Rise Weekly Market Report The S&P 500 could end the year at 5,500, says InfraCap’s Jay Hatfield Published 41 minutes ago The S&P 500 remains bullish: New record high expected The S&P 500 made history this week, surging above the crucial 5,000 milestone to set a new record … Read more