China Stock Rout Continues: Worst Week In 5 Years For Shanghai Index
China stocks slumped again; the Shanghai Composite had its worst week in five years. Growth has slowed rapidly from the "tiger economy" years.
January’s ‘Wow’ Jobs Report: Top Economists On What’s Next For Fed Rate Cuts, Stock Market
U.S. January jobs report defies expectations with strong growth in payrolls and wages, raising concerns over inflation and Fed's policy decisions.
Is Market Ready For Ethereum ETF? Approval Uncertainty Keeps Traders Bullish On Bitcoin, Says Report
Despite predictions of a potential surge in Ethereum (CRYPTO: ETH) value, traders still favor Bitcoin (BTC) over ETH. This trend is influenced by the uncertainty surrounding the U.S.
Cathie Wood’s Ark Invest Snatches Up $4.7M More In Tesla Shares, Invests Equally In This Rocket Company
In a notable move on Thursday, Cathie Wood‘s Ark Invest acquired a substantial number of Tesla Inc (NASDAQ:TSLA)…
S&P 500 Starts Strong In January: What This Might Mean For Rest Of 2024
Positive January for S&P 500 may lead to prosperous year in stock market; historical data shows high likelihood of positive returns for 11 months.
US Sanctions Four Israeli Individuals For Alleged Violence On Palestinians: Blinken Mulls 2-State Solution
US imposes sanctions on Israeli individuals for alleged settler-related violence in West Bank, signaling dissatisfaction with Israeli policies and supporting two-state solution for Israelis and Palestinians.
Mortgage Rates Fall: But Could Fed Pushback On March Rate Cut Dent Homeowner Hopes?
Mortgage rates are highly influenced by the Federal Reserve's decisions, and Powell made it clear that March won't bring enough confidence.
Stocks Recoup Post-Fed Losses As Traders Challenge Powell, Regional Banks Crack, Gold Rises: What’s Driving Markets Thursday?
Wall Street rebounds after Fed meeting with all major indices up, buoyed by earnings & dovish expectations. Probability for March cut at 41%, speculators increase bets for future cuts. Jobless claims up, manufacturing data beats expectations. S&P 500 & Nasdaq 100 gain 0.8%, regional banks suffer.
Markets Believe The Fed Got It Wrong: Rate Cut Reluctance Rattles Investors
Stocks drop after Fed's announcement: no rate cut in March. Tech, consumer goods, small caps hit hardest. Expectations for rate cut in early 2024.
Regional Banks Suffer Worst 2-Day Slump Since March 2023 Crisis As Investors Scrutinize Commercial Real Estate Risks
Regional bank stocks are volatile due to NYCB's disappointing results and concerns about the sector's challenges, particularly in commercial real estate.