Stocks Fall, Dollar Jumps: Risk Sentiment Takes Hit On First Trading Day Of 2024
The CBOE Vix Volatility Index was up more than 12% as stocks traded lower, with the S&P 500 index down 0.8%
WTI Crude Oil Prices Soar On New Year’s Kickoff As Tensions Escalate In Red Sea Between US, Iran
WTI crude oil prices surpassed $73 per barrel — a rally directly tied to escalating tensions in the Red Sea.
China Housing Shock: Property Shares Under Renewed Pressure After Weak Data
Weak home sales data hits China's ailing real estate sector, while PMI data suggests a weakening Chinese manufacturing industry.
AI Revolution, Fed’s Pivot Power US Stock Market To A Record Year: This Week In Markets
The U.S. stock market bids farewell to a truly unforgettable year, characterized by the artificial intelligence revolution, which defied numerous gloomy forecasts made at the year’s outset.
All the major U.S. indices concluded the year either at or near unprecedented highs, driven by a robust surge in the final two months of 2023.
‘Rapid Descent’: Mortgage Rates Are Shocking Experts. Is Housing Getting More Affordable?
Mortgage rates have dropped 1.18 percentage points since their peak, making homes more affordable and boosting the stock performance of homebuilders, such as DR Horton and Lennar.
Russia’s Biggest Ukrainian Attack To Date: Unpacking Latest Missile, Drone Salvo
Ukrainian officials have described the latest attack as the most extensive aerial barrage since Russia's invasion began in February 2022.
Argentina Union Calls Strike After President Milei’s Reform Bill Sparks Protests, Market Downturn
After a month in office Javier Melei's proposed reforms have not been met well by the public or markets
Top Biotech Picks For 2024: Piper Sandler Foresees Potential Sector Comeback
Piper Sandler sees potential turnaround for Biotech sector in 2024, identifies thee top stocks; Arrowhead, Legend Biotech & Alnylam Pharmaceuticals.
S&P 500 Eyes 9th Week Of Gains, Longest Streak In 2 Decades: Stocks Leading The Rally
S&P 500 Index closes near record high, on track for 9th week of gains; top stocks driving rally in 2023 and Q4-2023 are NVIDIA, Meta Platforms, CrowdStrike, Advanced Micro Devices and Palo Alto Networks
S&P 500 Inches Higher, Small-Cap Rally Stalls, Bitcoin Sinks: What’s Driving Markets Thursday?
Wall Street is navigating another quiet session characterized by low trading volumes in the post-holiday period. The S&P 500 index continues its gradual ascent toward retesting its all-time highs, edging up by just 0.1% as of midday trading in New York.