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May 7, 2024
Analysts led by Mike Wilson said consumer staples are among the defensive sectors as consumers focus on value amid economic uncertainty.
April 11, 2024
(Bloomberg) -- Emerging-market assets pared losses Thursday after the latest US inflation figures came in slightly lower than estimates, softening the risk-off sentiment sparked by CPI data from the world’s largest economy in the last session.Most Read from BloombergUS Sees Imminent Missile Strike on Israel by Iran, ProxiesUS Slams Strikes on Russia Oil Refineries as Risk to Oil MarketsVietnam Tycoon Lan Sentenced to Death Over $12 Billion FraudRussia Destroys Largest Power Plant in Ukrai...
April 9, 2024
The 10-year Treasury yield reached a 2024 high Monday as investors continue to adjust their expectations for Fed rate cuts.
April 8, 2024
OpenAI, Google and Meta ignored corporate policies, altered their own rules and discussed skirting copyright law as they sought online information to train their newest artificial intelligence systems.
March 24, 2024
Investors in Asia may favor playing it conservative ahead of a slew of economic indicators in coming days, especially with Japan's stock market notching consecutive record highs and market closures on Friday for many centers, including Hong Kong. Japan's Nikkei 225 was hardly unique last week, extending its rally on Thursday and Friday. While dovish central bank signals emanated from the Federal Reserve, Swiss National Bank and Bank of England, it was the Bank of Japan that kicked of...
February 17, 2024
Even though the market recovered from Tuesday's hiccup, investor gloom has knocked stocks off a 5-week win streak.
February 9, 2024
The S&P 500 topped 5,000, and US stocks on Friday were headed for a fifth straight week of gains.
January 12, 2024
Wall Street stocks dipped in early trading as US earnings season unofficially began. Major US. bank fourth-quarter profits fell, and an S&P 500 bank index was down 0.9%.
January 7, 2024
This week, domestic investors will be eyeing key events such as the start of Q3FY24 earning season, IIP, and CPI data, along with core inflation, and initial jobless claims in the US that will keep the markets buzzing.
December 11, 2023
The S&P 500 was muted and Nasdaq inched lower on Monday in the run-up to an action-packed week that includes the Federal Reserve's policy meeting and inflation data, both of which will test investor optimism about monetary policy easing next year. The upbeat sentiment around stabilizing interest rates and robust quarterly earnings caused equities to rebound towards the end of the year, with the benchmark S&P 500 hitting its highest intra-day level of the year. The S&P 500 a...