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June 7, 2024
Wall Street stocks seesawed Friday as a hotter-than-expected US jobs report soothed worries about the economy but fueled concerns that the Federal Reserve would keep interest rates higher for longer.
June 7, 2024
Oil posted a weekly decline as algorithmic traders accelerated selling pressure after OPEC+ announced a plan to loosen its production curbs.
June 7, 2024
US stocks moved lower on Friday after a hotter-than-expected May jobs report sent bond yields surging. Despite the strong jobs report, the unemployment rate rose to 4.0% from 3.9%, driven by a decline in labor participation. The strong payroll gains poured some cold water on the prospects of an imminent interest rate cut from the Federal Reserve, though chances for a rate cut in September remain in play.
June 7, 2024
On Friday, oil markets exhibited subtle shifts that signaled broader economic currents.
June 6, 2024
(RTTNews) - The Malaysia stock market headed south again on Wednesday, one day after ending the six-day losing streak in which it had stumbled alm...
June 6, 2024
OIL prices climbed 1 per cent on Wednesday (Jun 5), rebounding from four-month lows, as hopes of an interest rate cut by the US Federal Reserve in September outweighed demand concern after data showed builds in US crude and fuel stocks.
June 6, 2024
The Australian market is significantly higher on Thursday, adding to the gains in the previous session, following the broadly positive cues from global markets overnight.
June 6, 2024
Oil rose in early Asian trading on Thursday on rising expectations the Federal Reserve will cut interest rates in September, and as the market rebounded from a selloff related to growing U.S.... -June 05, 2024 at 09:24 pm EDT - MarketScreener
June 6, 2024
BEIJING (dpa-AFX) - The China stock market turned lower again on Wednesday, one day after snapping the three-day losing streak in which it had slumped almost 40 points or 1.3 percent. The Shanghai
June 6, 2024
The Indonesia stock market on Wednesday ended the two-day winning streak in which it had jumped almost 130 points or 1.9 percent. The Jakarta Composite Index now sits just beneath the 6,950-point plateau although it figures to see renewed support on Thursday.