Gold is a Safe Haven Asset On Friday, global equity markets rose, with European stocks setting new highs on the back of good profits, while the dollar fell but still registered its greatest weekly gain since late August. Gold surged to its highest week in six months, extending a seven-session winning streak. The rally has […] More
Inflation = Slow Growth Investors grappled with the ramifications of rising inflation, which has reached its highest level in decades, and third-quarter results that are beginning to show signs of slowing growth on Wall Street on Thursday. More
Inflation Calls For Troubled Markets The US stock market ended sharply lower on Wednesday, November 10th, 2021, as investors continued to book profits amid growing concerns that the Federal Reserve will tighten monetary policy sooner than expected, following the highest level of consumer inflation in the United States since 1990. More
COVID-19 From a Pandemic to an Endemic; Investors Await CPI Reports. On Tuesday night, U.S. market futures were lower as investors awaited critical data Wednesday. That will be the next significant signal of how fast increasing price pressures are speeding up. More
Infrastructure on the Rise After the significant averages finished at all-time highs, lifted by strength in infrastructure sectors, U.S. stock futures were marginally lower in early morning trading on Tuesday. More
Positive employment figures and prospects for a new coronavirus treatment increased economic optimism in the United States on Friday, sending markets to new highs. More
In early hours trading on Friday, stock futures were quiet ahead of the highly anticipated October jobs report. More
The Dow Jones Industrial Average DJIA, +0.29%, the S&P 500 index SPX, +0.65%, and the Nasdaq Composite COMP, +1.04%, set new highs after the Federal Reserve said on Wednesday that it would begin decreasing its monthly asset purchases. More
Last week around the same time, the news that made Tesla a trillion-dollar company was taken back by Elon Musk. Musk tweeted that there hasn’t been an official deal that has been signed with Hertz, and there will be a slight delay. More
On Monday, the stock market hit record highs after the United States and the European Union agreed to lower tariffs. On Wednesday, investors will hear more from the Federal Reserve. More
Investors digested dismal earnings numbers from Apple (AAPL) and Amazon (AMZN) that came during an otherwise excellent quarterly reporting season from several major businesses, sending stocks to new highs on Friday. The S&P 500 hit intraday and closing highs never seen before. In October, the index increased by more than 6.5%, marking its most significant […] More
Markets on Thursday opened to some big news. Tech giant and the social media monopoly Facebook decided to dive into avatars and a virtual metaverse of sorts. Changing the name of the company to META. The new stock ticker (acronym symbol) for META would be $MVRS, going live from 1st December 2021. However, investors were […] More