US stocks ended lower on Thursday, as investors worried that inflation would remain high for longer than expected, which could prompt the Federal Reserve to raise interest rates more aggressively.The Dow Jones Industrial Average fell 88.75 points, or 0.28 percent, to close at 31,745.36. The Standard & Poor’s 500 index fell 4.21 points, or 0.09 … Read more
European shares gained for a second straight session on Wednesday, as strong corporate earnings and a rise in sensitive sectors of the economy boosted sentiment after US inflation growth slowed sharply in April.The pan-European Stoxx 600 index rose 1.7 percent at the close, posting its biggest percentage gain since late March. The mining, auto industry … Read more
The question among investors is whether the Fed will be able to carry out its plan to increase interest rates without throwing the economy into recession. Wall Street spent all Monday morning in the red and its main indicator, the Dow Jones Industrials, lost 1.54% at mid-day; however, the most pronounced fall was suffered by … Read more
Wall Street closed lower, Friday, amid concerns about rising Treasury yields and the possibility of the Federal Reserve increasing interest rates.The strong rise in employment has raised concerns about a larger rate hike this year. And the US Labor Department issued data that came stronger than expected for jobs, as jobs in the non-farm sectors … Read more
European shares are rising today to their highest level in a week after positive business results and the recovery of mining companies’ shares. The pan-European Stoxx 600 index rose 0.7%. European shares rose on Friday to a one-week high after positive business results and a rebound in mining stocks, adding to risk appetite at the … Read more
Wall Street closed significantly higher on Thursday after a positive earnings report from Meta Platforms lifted previously battered technology and growth-related shares and countered by concerns about the US economy’s first-quarter contraction.Shares of the company that owns Facebook jumped 17.6% after the social network reported higher-than-expected profits and recovered from a decline in the number … Read more
After Elon Musk’s purchase of the “Twitter” platform, economic analysts expect this move to make the platform far from the restrictions of stock exchanges, but in return there are obstacles that may prevent its freedom in the market. Elon Musk’s purchase of Twitter The Twitter platform will exit the stock market because of Elon Musk’s … Read more
Wall Street’s main indexes fell on Friday with mixed corporate results, while growth-related stocks pared some of their losses in a turbulent week that saw bond yields rise as investors prepared to raise interest rates. The Dow Jones Industrial Average fell 65.4 points, or 0.19%, to 34,727.38 points. The Standard & Poor’s 500 index dropped … Read more