Small-cap stocks advanced amid a broad market rally on Thursday after the Federal Reserve lowered interest rates by half of a percentage point on Wednesday.
Small-cap stocks rallied on Thursday, riding the wave of a broad market upswing after the Federal Reserve initiated its much-anticipated rate-cut cycle with a substantial half-percentage point reduction. The small-cap…
The Federal Reserve is poised to deliver its first interest rate cut since 2020 next week, a move that consumers, businesses and investors alike have been eagerly awaiting.
The Federal Reserve is widely expected to lower its benchmark interest rate when it meets on Wednesday, marking the first rate cut in more than four years.…
Asian benchmarks slipped on Wednesday after a mixed close on Wall Street, where traders monitored the potential market impact from the overnight US presidential debate between Vice President Kamala Harris and former President Donald Trump.
The debate coincided with uncertainty in the financial markets, causing fluctuations in currencies and stocks. The US dollar, which has…
Donald Trump is promising to make America the "crypto capital of the planet" if he returns to the White House.Donald Trump is promising to make America the "crypto capital of the planet" if he returns to the White House.
Donald Trump is pledging to transform America into the "crypto capital of the planet" if he…
Key Takeaways
Markets will be closed for the Labor Day holiday Monday.
While reports on job openings and private-sector hiring will set the stage earlier in the week, August jobs data will capture attention on Friday.
This week's technology company earnings include Broadcom, Hewlett Packard Enterprise, and Zscaler.
Retailers Dollar Tree, Big Lots, and Dick’s…
As August came to a close, stocks rebounded, positioning the S&P 500 just below its all-time high heading into September. However, significant changes have occurred beneath the surface since July.
The Magnificent Seven (MAGS) stocks, once dominant in the market, have struggled to fully recover from recent sell-offs. The year's most popular trade—a bullish bet…
The British pound surged to its highest level against the US dollar, driven by the Bank of England's more hawkish stance compared to the Federal Reserve's outlook at the Jackson Hole Symposium last Friday.
The pound also rose sharply against other G-10 currencies following the symposium, a key event hosted by the Federal Reserve in…
Reports from Nvidia, Salesforce, Dell, and CrowdStrike are set to headline a busy week for earnings in the tech sector. Investors are also eyeing financial updates from major retailers like Dollar General, Five Below, Abercrombie & Fitch, and Ulta Beauty.
The week will be capped off with crucial inflation data on Friday, which will be…
Gold prices have reached a new all-time high, driven by expectations of a lower interest rate environment and increasing demand for safe-haven assets. In contrast, base metals such as copper remain weak, largely due to sluggish economic growth in major economies, particularly from China.
Both spot gold and futures prices surged to a new record…
Crude oil prices saw a sharp rebound after hitting a six-month low on Wednesday. Rising demand and ongoing conflict in the Middle East are driving the price increase.
The oil markets rebounded sharply on Wednesday, with the Brent futures at the Intercontinental Exchange rising 2.42% to $78.33 per barrel, and WTI futures at the New…