US stocks traded with little movement on Monday as the market awaited new catalysts this week and incoming clues regarding the Federal Reserve's monetary policy outlook. The S&P 500, Nasdaq 100, and Dow Jones were all relatively flat and remained near record highs reached last week. Minutes from this week's FOMC meeting and Jackson Hole Symposium are likely to provide clues regarding the direction of interest rates.
Equities have been supported by bets on multiple rate cuts by the Fed this year, fueled by concerns about a weaker labor market and expectations of disinflation following a CPI release that did not reflect tariff triggers. Chipmakers and stocks exposed to AI bets generally edged higher, with Nvidia rising 0.5% and remaining near its record despite President Trump's export controls. Additionally, shares of retail giants were mixed ahead of their earnings releases this week. On the political front, European Union leaders and Ukrainian President Zelensky are scheduled to meet after Trump's summit with Russian President Putin over the weekend. Source: Newsmaker.id
European stocks had a mixed session on Monday as traders monitored corporate updates and a meeting between regional leaders and U.S. President Donald Trump to discuss Ukraine. The pan-European Stoxx ...
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Asia-Pacific markets traded mixed Monday , after the U.S.-Russia summit concluded without a ceasefire. Japan's Nikkei 225 benchmark rose 0.62%, while the broader Topix index added 0.42%. In South Ko...
United States (US) President Donald Trump and Russian President Vladimir Putin concluded an initial face-to-face meeting in Alaska late Friday, with both parties delivering mutually inconclusive state...
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The Australian Dollar (AUD) is losing ground against its US counterpart to kick off the week, with the AUD/USD pair slipping below the 0.6500 mark during the New York session on Monday. The move reflects a firmer US Dollar (USD), supported by...
United States (US) President Donald Trump announced an ongoing desire to resolve the ongoing Russia-Ukraine war during a joint press conference with Ukrainian President Volodymyr Zelenskyy on Monday. This marks the second joint press conference...
European stocks had a mixed session on Monday as traders monitored corporate updates and a meeting between regional leaders and U.S. President Donald Trump to discuss Ukraine. The pan-European Stoxx 600 index provisionally closed fractionally...
United States (US) President Donald Trump and Russian President Vladimir Putin concluded an initial face-to-face meeting in Alaska late Friday, with...
US stocks closed mixed on Friday as investors digested economic data, corporate news, and geopolitical developments. The S&P 500 slipped 0.3%...
Asia-Pacific markets traded mixed Monday , after the U.S.-Russia summit concluded without a ceasefire.
Japan's Nikkei 225 benchmark rose 0.62%,...
The Trump administration has expanded its 50% tariffs on steel and aluminum imports to cover hundreds of additional products. In a Federal Register...