Two of the three main indexes in Wall Street edged lower on Tuesday, Nasdaq jumpers and the Dow falls Since reaching a 40-year high for inflation, the US economy has come a long way. Last month, the Bureau of Labor Statistics released consumer product price index figures. The report was somehow disappointing compared to market […] More
Russia will reduce its crude oil production by 500,000 barrels a day by the next month It’s been an entire year since the Russian invasion of Ukraine, and the tension since then has extended between the Russian camp and the Western camp. The U.S. and its allies imposed a series of economic sanctions to punish […] More
The U.S crude oil inventories jumpers over the weekend of Feb 1, and walls street’s battle against higher interest rates might take a bit more Crude oil inventories in the United States increased by 2,432 million barrels by the end of the first week of February, as predicted by previous experts. The numbers were represented […] More
The U.S. economy added an astonishing 517,000 new jobs in January, and investors fear the possibility of higher interest rates at the next meeting. It doesn’t necessarily mean that all good news is good, at least not in today’s case. Wall Street tumbled in Friday’s trading session despite the astonishing job growth report. The U.S. […] More
Wall Street opened lower due to a lower-than-expected U.S. private non-payroll report and EU inflation delineations for the third straight month. As of January 2023, the inflation rate in the Eurozone declined for the third straight month. Despite the positive inflation data, most European central banks are expected to stick to their 50 basis point […] More
Tesla and Amazon were among the Nasdaq’s top gainers, while Intel fell after reporting disappointing earnings. Wall Street has opened higher in the last two trading days, aiming to end the week on a positive note and recover from the previous week’s slump. The Wall Street main index opened higher on Friday morning trading hours […] More
The S&P 500 and Nasdaq opened lower amid fears of a European market crash. The S&P and Nasdaq opened lower on Wednesday’s opening trading hours, whereas the Dow Jones industrial average is gaining some momentum. This week, Wall Street delivered mixed gains due to the sideways action. However, despite the market pressures, experts see the […] More
Nasdaq jumps by 1.5%, leading today’s gains on Wall Street, and investors seek more rebounds to prevent a recession. Wall Street opened higher on Friday morning, yet even with today’s gains, the stock market is heading for a losing week. The good Chinese news, or the COVID reopening policy, had an enormous effect on Wall […] More
U.S. jobless claims rose by 19.000, lower than the estimate of 21.000, and Wall Street fell amid fears of a looming recession. For the first time in four weeks, the Nasdaq and S&P 500 fell sharply in Wednesday’s trading session. The stock market turmoil was caused by worries about rental sales and manufacturing activities in […] More
The S&P 500 heads to its second week of winnings, the Nasdaq falls slightly, and gold hits a $1900 market price. The Nasdaq index fell slightly during Friday trading sessions, owing to supply chain concerns in China. Wall Street delivered a mixed performance in today’s session. The S&P 500 feature declined by 0.26 percent, yet […] More
Product prices in the United States increased 6.5 percent year on year in December, with investors anticipating a 25% interest rate hike in February Finally, some good news in the stock market has investors feeling that the inflation danger is waving away. For the first time since March 2021, food and grocery prices cooled down […] More
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Wall Street falls on the last trading day of the year, and experts see long-term gains in the U.S. dollar index. Wall Street’s major indexes failed to add gains on the final trading day of the year. As of 15:45 New York time, the S&P benchmark plunged by 0.79 percent to end the year by […] More