Weekly Market News: Blowout Earnings Report from Nvidia Sends Stocks Soaring Weekly Market News: Blowout Earnings Report from Nvidia Sends Stocks Soaring Market Update A blowout earnings report from AI darling Nvidia (NVDA) sent stocks to record highs last week. The S&P 500 (^GSPC) and Dow Jones (^DJI) ended the week up about 1% while … Read more
As 2024 approaches, it remains a huge unknown for markets and economists as to when the U.S. Federal Reserve (Fed) will begin cutting interest rates. The minutes of the last monetary policy meeting of the Federal Open Market Committee (FOMC) last year will be released at 3 a.m. Taiwan time on Thursday (4th). Some analysts … Read more
Major U.S. stock indexes mostly closed in the red on Friday (15th),Dow JonesThree consecutive days of record highs. After investors digested this week’s Federal Reserve (Fed) policy meeting and inflation data, major indexes rose for a seventh consecutive week, with the S&P 500 recording its longest winning streak in six years. Dow Jones IndexIt rose … Read more
The U.S. dollar index hits a recent low, will the U.S. dollar continue to depreciate? Legal persons are optimistic that the December Fed decision is the key to the battle between bulls and bears. (Picture taken from juheng.com) [Reporter Zhang Huiwen/Taipei Report]According to the Beige Book released by the Federal Reserve, the economy has slowed … Read more