Stocks in the US were mostly higher on Thursday, with the S&P 500 rising 0.5% and the Nasdaq adding 0.8% while the Dow Jones traded around the flatline as traders digested the Fed's first interest rate cut of the year and better-than-expected jobless claims. The Fed signaled an additional 50bps of cuts this year, followed by another 25bps reduction in 2026. Volatility followed the decision and Chair Powell's press conference, where he framed the move as a "risk management" cut and cautioned that there are no risk-free paths. Meanwhile, initial jobless claims fell much more than expected to 231K from a 4-year high, easing some concerns about the labour market weakness. On the corporate front, Nvidia shares jumped more than 2% while Intel soared nearly 24% after announcing that Nvidia will invest $5 billion for a minority stake in the company. Meta (0.7%)(ads)
Source: Trading Economics
Asia-Pacific markets declined on Wednesday, following a decline on Wall Street, which was driven by concerns about the valuations of artificial intelligence (AI) stocks. Shares of Palantir, a major pl...
US stocks tumbled on Tuesday, with the S&P 500 down 1.1%, the Nasdaq shedding 2.1%, and the Dow losing about 240 points, as investors grew increasingly uneasy over stretched valuations in AI-drive...
European stocks slipped mostly lower Tuesday, with investors locking in some profits on the back of an uncertain economic outlook and with more corporate earnings to digest. The DAX index in Germany ...
Stocks fell Tuesday, pressured by declines in artificial intelligence-related names like Palantir as investors grow increasingly concerned about valuations in the bull market-leading shares. The Dow ...
European stocks opened in negative territory on Tuesday (November 4), reversing the positive sentiment seen at the start of the new trading month. The pan-European Stoxx 600 index was trading more th...
Gold prices held around $3,940 per ounce on Wednesday, holding some of the previous session's decline and nearing their lowest level since early October. Expectations of a US interest rate cut faded after several Fed officials adopted a cautious...
Hong Kong stocks continued their decline on Wednesday, with the Hang Seng Index falling 1.1% to 25,664.92, after losing 0.8% in the previous session. The decline was driven by weakness in major technology stocks such as Alibaba, JD.com, and...
The Australian dollar weakened to around $0.647, hitting its lowest level in eleven weeks. This decline continued as risk-off sentiment in global markets intensified, overshadowing the Reserve Bank of Australia's (RBA) hawkish policy outlook. At...
Asian stocks opened lower on Tuesday, reversing Wall Street's rally fueled by Amazon's massive $38 billion deal with OpenAI. Stock markets in South...
Asian stock markets moved mixed on Monday, November 3, 2025. Japan led the gains: the Nikkei 225 remained near its record high of around 52.4...
European stocks opened slightly higher in November, with the STOXX 50 and STOXX 600 gaining 0.2%, after closing near record highs in October....
Asia-Pacific markets declined on Wednesday, following a decline on Wall Street, which was driven by concerns about the valuations of artificial...