Stocks Pick of The Week - Nasdaq Drops as Nvidia Stalls While Dow Surges and Oil Prices Rise
The Nasdaq fell as Nvidia's momentum stalled. The Dow Jones Industrial Average was recording its best day in months. The S&P 500 had a rollercoaster day, reaching a new high above 5,500 before...
Yellen's $34.7 Trillion Balancing Act Amidst Rising Rates and Inflation Battles
Treasury Secretary Janet Yellen stated that the national debt of $34.7 trillion is manageable if it remains stable relative to the economy. However, high interest rates are increasing the debt...
Stocks Pick of The Week - S&P 500 and Nasdaq Hit Record Highs on Unexpected Inflation Drop and Tech Gains
Stocks are coming off a winning session, with the S&P 500 achieving its fourth consecutive record close and the Nasdaq Composite also ending at a record high. Wholesale inflation unexpectedly...
Market Watch: Fed's Summer Strategy Amid Job Growth and Economic Shifts
US
May's robust job growth and wage increases suggest the Federal Reserve might maintain current interest rates through the summer and beyond. The Bureau of Labour Statistics reported a significant...
Stocks Pick of The Week - Tech Stocks Drive Market to Record Highs Amid Inflation and Election Uncertainties
The stock market continues to perform well as we approach mid-year, with the S&P 500 and Nasdaq Composite achieving new record highs, driven primarily by tech stocks and the artificial intelligence...
Indices Surge as Commodities Shift in Dynamic Market Highlights
DOW JONES (U30USD)
The Dow Jones Industrial Average had its best session of the year on Friday, capping off a strong month. This rise followed the release of economic data that met expectations,...
Stocks Pick of The Week - Navigating Market Fluctuations for Optimal Entry Levels
US stock futures dipped Thursday night as investors analysed corporate earnings and anticipated a significant inflation report. Despite a strong month, Wall Street seemed poised for a losing week....
Fed Officials Emphasise Patience as Inflation Concerns Persist
US
Federal Reserve Governor Christopher Waller stated that he requires additional evidence of decreasing inflation before he supports interest rate cuts. In the absence of a significant labour market...
Stocks Pick of The Week - Fed's Inflation Concerns and Top Stock Picks
Federal Reserve officials aregrowing more concernedabout their progress on inflation. In the Fed minutes from April 30 - May 1, members indicated they lacked confidence in cutting interest rates....
