World markets today: Global equities advanced on Tuesday as bond yields slid after dovish comments from officials of the US Federal Reserve and the European Central Bank. MSCI’s gauge of stocks across the globe gained 1.42%. Crude oil prices eased a day after rising sharply on clashes between Israeli military and Palestinian group Hamas. The … Read more
Global markets rose in a choppy session on Thursday after falling for nine straight days. The MSCI World index rose 0.6%. Investors across the global markets are concerned about the economic impact of soaring oil prices and about the central banks’ interest rate policy. They were also monitoring US lawmakers’ efforts to avoid a government … Read more
Global markets extended the sell-off on Wednesday, as crude oil prices and US treasury yields climbed. Across the global markets, investors’ mood was gloomy as they fretted over the possibility of major central banks holding interest rates higher for a prolonged period. US stocks On Wall Street, the US stock markets closed mixed amid worries … Read more
The global markets fell marginally on Monday over lingering worries that interest rates will remain higher for longer. Surging bond yields also weighed on global markets, with the MSCI All-World index down 0.05%. Last week, warnings from central banks including the US Federal Reserve and Bank of England of further interest rate hikes to tame … Read more
US stocks declined on Wednesday after the Federal Reserve left key interest rates unchanged, but said it could hike rates again this year. The US central bank also revised economic projections higher with a warning that battle against inflation was far from over. The S&P 500 lost 42.02 points, or 0.95%, at 4,401.93 points. The … Read more
In the week ahead on Wall Street, the major focus of stock market investors will be on the Federal Reserve’s interest rate policy meeting. The Fed rate decision will be released on September 20 and Chair Jerome Powell will address the press conference on the monetary policy. The US central bank is expected to hold … Read more
US stocks dipped on Tuesday, weighed down by rising treasury yields and higher oil prices. The S&P 500 lost 18.97 points, or 0.42%, at 4,496.8. The Dow Jones Industrial Average fell 195.61 points, or 0.56%, at 34,642.1. The Nasdaq Composite dropped 10.86 points, or 0.08%, at 14,020.95. Technology stocks gained, with Microsoft adding 1.5%. Energy … Read more
US stocks rose on Wednesday after latest GDP data hinted at pause in interest rate hike. The S&P 500 rose 0.38% at 4,514.87 points. The Nasdaq gained 0.54% at 14,019.31 points. The Dow Jones Industrial Average added 0.11% at 34,890.24 points. Data on gross domestic product (GDP) showed that the US economy expanded 2.1% in … Read more
Index Definitions S&P 500 Index: The Standard & Poor’s (S&P) 500 Index tracks the performance of 500 widely held, large-capitalization US stocks. Risk Considerations Equity securities may fluctuate in response to news on companies, industries, market conditions and general economic environment. The value of fixed income securities will fluctuate and, upon a sale, may be worth more or less … Read more