2024

The US dollar rose on Thursday after unemployment claims dropped, easing recession fears. Initial jobless claims fell to 233,000 for the week ending August 3, suggesting the labour market is stronger...

Stocks rebounded on Thursday, with positive labour data boosting confidence after a sharp sell-off earlier last week. The S&P 500 rose 2.3%, the Dow gained 1.76% and the Nasdaq increased 2.87%....

Job growth in the US slowed significantly in July. Nonfarm payrolls increased by just 114,000, well below expectations. The unemployment rate has risen to 4.3%, the highest since October 2021. The...

US stocks fell sharply on Thursday due to weaker-than-expected jobs and manufacturing data, sparking concerns about an economic slowdown. The Dow dropped nearly 500 points or minus 1.21%, the S&P 500...

An important inflation gauge for the Federal Reserve showed a slight easing in June. The personal consumption expenditures (PCE) price index rose 0.1% for the month and 2.5% year-over-year, matching...

Asia-Pacific markets rebounded on Friday after Thursday's sell-off. Tokyo's July inflation data showed a slight slowdown, and the yen strengthened against the dollar. The Nikkei 225 was nearly flat...

The dollar remained steady and was set to break a two-week losing streak on Friday, driven by US labour and manufacturing data. Jobless claims rose more than expected last week, but the labour market...

Futures moved after a broad decline in stocks during Thursday's trading hours. The Dow dropped over 500 points, ending a six-day winning streak, while the S&P 500 and Nasdaq Composite fell by 0.78%...

The producer price index (PPI) rose by 0.2% in June, exceeding expectations of a 0.1% increase. The increase was driven by higher service prices, which offset a decline in goods prices. Despite this...

The S&P 500 and Nasdaq Composite fell from record highs as investors shifted away from Big Tech stocks like Nvidia and Meta Platforms. This decline follows the lowest consumer price index in over...