The Australian dollar (AUD) strengthened against the US dollar (USD) this morning after the latest inflation data from the TD Securities–Melbourne Institute (TD-MI) showed a higher-than-expected surge in consumer prices. The monthly inflation index rose 0.4% in September, reversing from a 0.3% decline in the previous month. Annually, inflation now stands at 3%, slightly above the upper end of the Reserve Bank of Australia's (RBA) target range of 2–3%. This rise in inflation has fueled speculation that the RBA may reconsider its cautious stance on interest rates. Although the RBA held its...
Futures tied to the Dow Jones Industrial Average lost 22 points, or 0.05%. S&P 500 futures and Nasdaq 100 futures slipped about 0.1% each. In extended trading, Amazon tumbled 4%. Guidance from the e-commerce giant disappointed investors, as Amazon called for revenue growth of 5% to 9% in the first quarter — its weakest growth on record. The outlook overshadowed top- and bottom-line beats in the fourth quarter. During Thursday's main trading session, the S&P 500 rose nearly 0.4%, and the Nasdaq Composite added 0.5%. The Dow dipped roughly 0.3%. All three major averages are on track...
The S&P 500 climbed for a third straight session on Thursday, as investors weighed the latest batch of corporate earnings. The broad market index added 0.36%, while the Nasdaq Compositetraded up around 0.5%. The Dow Jones Industrial Average however, lost 125 points, or 0.28%. Semiconductor names slid, with Qualcomm and Arm each declining 4%. Skyworks Solutions lost 24% after reporting its quarterly results. Ford Motor also fell 7% after the automaker forecast a difficult 2025. Honeywell shares were down 5%, dragging the Dow lower, after the company issued full-year earnings guidance...
US stocks edged up on Thursday, as investors weighed a flood of corporate earnings and more labor market data. At 9:45 a.m. ET (14:45 GMT), the Dow Jones Industrial Average was up 40 points, or 0.1%, the S&P 500 was up 11 points, or 0.2%, and the NASDAQ Composite was up 25 points, or 0.1%. The number of Americans filing for first-time unemployment benefits edged up more than expected last week, consistent with a slowing labor market. Initial jobless claims came in at 219,000 in the week ended Feb. 1. The previous week's figure was revised up slightly by 1,000 to 208,000, while...
Hong Kong's stock market ended higher on Thursday with the benchmark Hang Seng Index up 1.43 percent to close at 20,891.62 points. The Hang Seng China Enterprises Index jumped 1.64 percent to end at 7,690.35 points, and the Hang Seng Tech Index climbed 2.62 percent to close at 5,059.38 points. Sumber : CTX
The STOXX 50 gained 0.4% and the STOXX 600 added 0.5% on Thursday, marking a third consecutive session of gains, boosted by strong corporate results. Shares of AstraZeneca gained almost 4% after the company's earnings and revenue topped forecasts and the pharmaceutical giant said it expects further sales. Societe Generale jumped about 7% after reporting a rise in Q4 revenue and saying it is targeting revenue growth and higher profitability for the year. Maersk soared more than 6% after the company started a $2 billion share buyback program. On the other hand, Volvo sank more than 7% after...
Japanese stocks rose after the close on Thursday, as gains in the Manufacturing, Steel and Automobiles & Parts sectors helped stocks advance. At the close in Tokyo, the Nikkei 225 gained 0.63%. The best performers on the Nikkei 225 were Renesas Electronics Corp (TYO:6723), which rose 12.60%, or 258.00 points, to close at 2,305.50. Meanwhile, Bandai Namco Holdings Inc (TYO:7832) rose 9.87%, or 433.00 points, to close at 4,822.00 and Nippon Electric Glass Co., Ltd. (TYO:7832) gained 1.00%, or 433.00 points, to close at 4,822.00. (TYO:5214) rose 9.24% or 313.00 points to close at 3,702.00...
Asia-Pacific markets opened higher Thursday, tracking gains on Wall Street as investors shrug off a week of trade turmoil and a slew of disappointing U.S. tech earnings. Australia's S&P/ASX 200 traded 0.9% higher. Japan's Nikkei 225 rose 0.39% at the open, while the Topix added 0.33%. South Korea's Kospi rose 0.45% while the Kosdaq traded 0.8% higher. Hong Kong's Hang Seng index futures were at 20,681, compared with the HSI's last close of 20,597.09. India's central bank is expected to cut benchmark interest rates in its policy meeting that's underway, as it strives to stimulate a...
Stocks rallied on Wednesday, pushing the Dow Jones Industrial Average and S&P 500 higher for the second day in a row, as investors looked past the trade turmoil that weighed on the market earlier in the week. The gains came even as notable technology stocks Alphabet and AMD posted steep losses following earnings. The blue-chip Dow climbed 317 points, or 0.7%, led by gains in Nvidia.The broad market index rose about 0.4%, putting its week-to-date gains into positive territory at 0.3%. Meanwhile, the Nasdaq Composite ticked higher by 0.2%. Nvidia jumped 4% after the server maker Super...
Gold (XAU/USD) is extending its decline on Wednesday for a second consecutive day as the US Dollar (USD) and US Treasury yields firm ahead of the release of the Federal Open Market Committee (FOMC)...
Oil extended declines after OPEC+ agreed to a bigger-than-expected production increase next month, raising concerns about oversupply just as US tariffs fan fears about the demand outlook.
Brent...
The Japanese Yen (JPY) weakened against its US counterpart and reversed part of Friday's recovery from the lowest level since July 23 following Bank of Japan (BOJ) Governor Kazuo Ueda's remarks....