2024-11-04 | Market Commentary
Wall Street Rebounds: Analyzing Friday’s Surge Amid Mixed Economic Signals
Wall Street staged a comeback on Friday, ending a two-day downturn thanks to strong performances from major companies.
Language : English
2024-11-04 | Market Commentary
Wall Street staged a comeback on Friday, ending a two-day downturn thanks to strong performances from major companies.
2024-09-12 | Current Affairs
All three major U.S. stock indexes closed higher on Wednesday, driven by strong gains in the technology sector. This uptick helped offset investor disappointment following a morning inflation report that dampened hopes for a significant interest rate cut by the Federal Reserve next week.
2024-07-25 | Current Affairs
Visa’s disappointing third-quarter revenue has led several brokerages to lower their price targets on the stock, raising concerns about decelerating consumer spending and its implications for the U.S. payments sector.
2024-06-05 | Current Affairs
Backed by major Wall Street players like BlackRock and Citadel Securities, the Texas Stock Exchange (TXSE) is setting the stage to challenge the traditional strongholds of the New York Stock Exchange and Nasdaq.
2024-04-22 | Current Affairs
Today’s News America’s largest bank, JPMorgan Chase, has made a significant move by closing its branch located on Wall Street, marking the end of a more than 150-year association between the bank and the iconic financial hub. The decision, announced on Friday, signals a profound shift in the traditional landscape of American finance. While this […]
2024-04-02 | Market Commentary
Wall Street signals cautious optimism, despite ongoing economic shifts. Calls for interest rate cuts persist, yet the Fed’s maintain a steady stance,
2024-03-15 | Current Affairs
Today’s News European asset managers are sounding the alarm about impending changes to trade settlement times on Wall Street, cautioning of potential systemic risks to currency markets. The European Fund and Asset Management Association (Efama) has highlighted that nearly 40% of daily foreign exchange transactions could face exclusion from the primary platform for reconciling currency […]
2024-01-17 | Current Affairs
Today’s News Wall Street’s major investment banks conveyed optimism during the disclosure of their fourth-quarter earnings. CEOs of these financial powerhouses expressed confidence in the resurgence of capital markets, attributing it to an improved deal pipeline and a strengthening U.S. economy. However, their positive outlook was accompanied by a cautious warning of potential risks that […]
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 […]
2024-11-04 | Market Commentary