Dow Jumps 750 Points as Investors Take Hope From Earnings Reports

U.S. stock indexes recorded their biggest one-day gains in nearly a month Tuesday, as investors reacted positively to a fresh batch of company earnings reports. The S&P 500 added 105.84 points, or 2.8%, to end the day at 3936.69. The tech-focused Nasdaq Composite gained 353.10 points, or 3.1%, to 11713.15 , and the Dow Jones … Read more

KASIKORNBANK expects the stock market to begin to recover in the fourth quarter after looking at inflation nearing its peak.

KASIKORNBANK has estimated that the first half of July, the stock market will be highly volatile, waiting to follow the US inflation report. Consensus estimates that the US inflation in June, which will be announced on July 13, is at 8.8. % YoY, up from 8.6% YoY in May Inflation should reach its peak in … Read more

Stocks Open Lower as Jobs Growth Remains Strong

U.S. stocks edged lower after the latest labor-market data showed that employers added more jobs than expected in June. The S&P 500 slipped 0.4% Friday morning, a day after the benchmark index jumped 1.5% to log a fourth consecutive gain, its longest winning streak since March. The Dow Jones Industrial Average pared its slim gains … Read more

Stock Market Rises After Weekly Loss

U.S. stocks rose, retreating from morning highs, as investors sifted through data and comments about the jobs market and inflation. The S&P 500 climbed 0.4% in afternoon trading, while the Dow Jones Industrial Average rose 0.1%. The technology-focused Nasdaq Composite Index was 0.4% higher. The three indexes were higher in the morning, with the Nasdaq … Read more

EPA Will Allow More Ethanol in Gas This Summer in Bid to Tame Prices

WASHINGTON—The Biden administration plans to temporarily allow high-ethanol content gasoline to be sold in the hot summer months in a bid to tame high fuel prices at the pumpaccording to senior administration officials. The decision will allow gasoline with 15% ethanol to be sold between June 1 and Sept. 15. Normally only a 10% ethanol … Read more

In March, China’s commodity index edged up to 100.9% month-on-month, and industry expectations continued to improve – Xinhua English.news.cn

According to data released by the China Federation of Logistics and Purchasing on the 5th, the China Commodity Index (CBMI) in March was 100.9%, an increase of 0.1 percentage points from the previous month, indicating that the current domestic commodity market demand has rebounded, and the industry is expected to continue to improve. Procurement, production … Read more