2024-08-27 | Current Affairs
The S&P 500 closed lower on Monday, weighed down by a drop in AI giant Nvidia ahead of its highly anticipated quarterly report this week. Investors are also awaiting key inflation data for more clues on the Federal Reserve’s interest rate cut plans.
2024-06-11 | Current Affairs
The S&P 500 and Nasdaq Composite both achieved record highs, rising 0.3% in subdued trading ahead of this week’s Federal Reserve meeting. While the Dow Jones Industrial Average also saw a modest increase of 0.2%, bond yields, particularly the 10-year Treasury yield, ended higher at 4.468%.
2024-02-06 | Current Affairs
Today’s News Investors are demanding nothing less than perfection from tech titans this earnings season as the “Magnificent Seven” tech companies, driving the stock market’s growth and profits, face increased scrutiny. Meta Platforms, the parent company of Facebook, marked its best sales growth in over two years, initiated a dividend, and increased its share-buyback authorization by […]
2024-01-16 | Current Affairs
Today News Stock benchmarks in two of Asia’s largest economies have surged to historic highs, with Japan’s Nikkei 225 rising for a sixth consecutive day, reaching a new multidecade peak. This upward momentum is fueled by expectations that the Bank of Japan will maintain a super-loose monetary policy, potentially bolstering export earnings for Japanese companies. […]
2024-01-11 | Current Affairs
Today’s News On Wednesday, the major stock indices experienced an upward trend in a subdued trading session leading up to critical inflation data and impending bank earnings. The S&P 500 registered a 0.6% gain, closing within 0.3% of its record high established just over two years ago. Both the Nasdaq Composite and the Dow Jones […]
2024-01-02 | Current Affairs
Today’s News The onset of 2024 has sparked a robust sense of optimism within Wall Street concerning the stock market’s trajectory. Last year’s pervasive skepticism was proven wrong as stocks soared through 2023, buoyed by the ascent of artificial intelligence and an unexpectedly resilient economy. Despite widespread anticipation of an impending recession among investors, it […]
