World markets today: US stocks surge after inflation data, Nasdaq up 1%

World markets today: US stocks surge after inflation data, Nasdaq up 1%

US stock indices surged on Tuesday after the release of inflation data. At 10:30 a.m. Eastern time, the Dow Jones Industrial Average was up 215 points, or 0.6 per cent, the S&P 500 was 0.8 per cent higher, and the Nasdaq composite was 1 per cent higher. US inflation rose for a second straight month … Read more

World markets today: US stocks decline ahead of Fed chair’s testimony, Apple tanks over 2%

World markets today: US stocks decline ahead of Fed chair’s testimony, Apple tanks over 2%

US stocks declined on Tuesday ahead of a slew of economic data and Federal Reserve chair Jerome Powell’s congressional testimony. At 9:40 a.m. Eastern time, the Dow Jones Industrial Average was down 182 points, or 0.5 per cent, the S&P 500 was 0.5 per cent lower, and the Nasdaq composite was 0.9 per cent lower. … Read more

Share Market Highlights 21 February 2024: Sensex, Nifty close lower; Zee Entertainment’s accounting irregularities plunge media stocks

Share Market Highlights 21 February 2024: Sensex, Nifty close lower; Zee Entertainment’s accounting irregularities plunge media stocks

Recent Interviews As of 17:54 PM Tuesday 20 February 2024 Balaji Amines: D Ram Reddy, MD Balaji Amines Subdued Q3 Brigade Ent: Pavitra Shankar, MD We Will Continue To Invest In Land & New Projects: Brigade Enterprises Deepak Nitrite: Maulik Mehtav, CEO Key Levers For Growth; Uptick In Margins Likely? Five Star Business F: Srikanth … Read more

International Stock Market: All eyes on Nvidia quarterly results – Investing Abroad News

International Stock Market: All eyes on Nvidia quarterly results – Investing Abroad News

US stock futures remained stable on Tuesday as the market recovers from a holiday weekend and investors await major retail company earnings reports. Meanwhile, China announced its biggest-ever reduction in the benchmark mortgage rate on Tuesday, as authorities sought to prop up the struggling property market and the broader economy. The 25-basis point cut to … Read more

CBA boss Matt Comyn warns of ‘downside risks’ as November rate hike hits borrowers, ASX follows US stock market fall — as it happened

CBA boss Matt Comyn warns of ‘downside risks’ as November rate hike hits borrowers, ASX follows US stock market fall — as it happened

I hate to be the bearer of bad news, but it doesn’t appear to be getting any easier to find a rental property. The research team at SQM have released their findings for January. They found national vacancy rates decreased to 1.1 per cent in January, from 1.3 per cent in December. Perth continues to … Read more

World markets today: US stocks sink after inflation data dampens rate cut hopes; Dow, S&P 500, Nasdaq dip over 1%

World markets today: US stocks sink after inflation data dampens rate cut hopes; Dow, S&P 500, Nasdaq dip over 1%

US stocks sank on Tuesday after the worse-than-expected inflation data dampened hopes of interest rates cut in May. At 9:42 a.m. ET, the Dow Jones Industrial Average was down 427.32 points, or 1.10 per cent, at 38,370.06, the S&P 500 was down 66.94 points, or 1.33 per cent, at 4,954.90, and the Nasdaq Composite was … Read more

Economy – WSJ.com

Economy – WSJ.com

U.K. Wage Growth Eases Less Than Expected Average pay growth was 6.2% in the fourth quarter while unemployment unexpectedly ticked down, signalling a stubbornly tight labor market and reflecting inflationary pressures as the BOE weighs when to start cutting interest rates. Source link

World markets today: US stocks muted as investors await economic data, Nvidia surpasses Amazon’s market cap

World markets today: US stocks muted as investors await economic data, Nvidia surpasses Amazon’s market cap

US stock indices were muted on Monday as investors awaited key economic data including inflation due this week. At 9:51 a.m. ET, the Dow Jones Industrial Average was up 21.04 points, or 0.05 per cent, at 38,692.73, the S&P 500 was up 1.20 points, or 0.02 per cent, at 5,027.81, and the Nasdaq Composite was … Read more

US economy adds 353,000 jobs in January – trouncing expectations in surprise boom to kick off 2024

US economy adds 353,000 jobs in January – trouncing expectations in surprise boom to kick off 2024

The report blew economists’ expectations for job gains out of the water  Unemployment rate remained at 3.7%, the 24th straight month below 4% America’s job market remains shockingly strong amid soaring interest rates  By Tilly Armstrong Assistant Consumer Editor For Dailymail.Com Updated: 09:42 EST, 2 February 2024 The US economy added 353,000 jobs in January – … Read more