Alibaba Group Holding Limited’s (NYSE:BABA) recent restructuring has been pivotal in driving foreign investors toward China’s bourses. Exchange data shows net…
Recent economic data has prompted investors to hedge against the rising likelihood of a recession.
In February 2023, there were 9.9 million job openings, which was the lowest level since May 2021 and below market estimates of 10.4 million, suggesting that the labor market may have begun to weaken.
The first quarter of 2023 saw the tech sector emerge as the best-performing sector in the market, with the tech-heavy Nasdaq Composite surging by 16.8%, the best quarter for the index since 2020, according to
Investors' expectations for the Federal Reserve's next moves are facing hours of uncertainty as a result of the events that rocked markets on Monday, April 3.
Professional trader and CFA charterholder Dennis Dick appeared on Benzinga Premarket Prep on Friday and reiterated a pessimistic view of the stock market, arguing that Big Short's investor Michael Bury was actually right in his recommendation to sell.
As the first quarter of 2023 comes to a close, the markets had another green day. Investors seem to be satisfied with the way the banking crisis was handled as fears about the near future subside. VIX - often called the fear index - is down 2.16% on the day and over 13% over the last 5 days.
Core PCE inflation, the Federal Reserve's preferred gauge of inflation, rose by 4.6% year on year in February 2023, the lowest rate in 15 months and below market expectations of a rise 4.7%.
Core PCE prices rose by 0.3% month over month, following a 0.5% surge in January and falling short of market expectations of 0.4%.
The first quarter of 2023 was positive for the U.S. stock market as a whole, with the S&P 500 index faithfully tracked by the SPDR S&P 500 ETF Trust (ARCA: SPY), rising by 6%.