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The banking sector falls short on Q1 earnings, leaving investors in the loop
The banking sector falls short on Q1 earnings, leaving investors in the loop. Wall Street declined after this morning’s Q1 earnings from JPMorgan Chase (JPM), Citigroup (C), and Wells Fargo (WFC). Goldman Sachs (GS). The released report was a slap in the face for investors, especially those who were waiting for better results this season. […] More
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in NewsThe U.S. added more jobs than market expectations, and the oil market indicators reached their highest level for the first time. Since late October
The U.S. added more jobs than market expectations, and the oil market indicators reached their highest level for the first time. Since late October Last week, the U.S. job market saw the highest number of initial jobless claims for the first time since January. The estimated number of Americans filing claims for unemployment benefits has […] More
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in NewsWall Street was mixed in the last trading session for this year’s first quarter, despite slowing inflation.
Wall Street was mixed in the last trading session for this year’s first quarter, despite slowing inflation. The stock market’s main indices traded in a mixed fashion despite the slowing inflation data. The Commerce Department released the previous month’s inflation report, and the released data shows that core service costs are slowing notably. Inflation in […] More
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in NewsThe U.S. economy had a better-than-expected fourth quarter, and Wall Street is about to end its best quarterly session in years
The U.S. economy had a better-than-expected fourth quarter, and Wall Street is about to end its best quarterly session in years. Wall Street is on its way to end today’s session with near-zero gains, despite the better-than-expected GDP report. The U.S. stock market traded flatly today morning, with the S&P 500 benchmark up by 0.01%, […] More
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in NewsNvidia remains in the spotlight, and the Biden administration adds Apple to the hit list
Nvidia remains in the spotlight, and the Biden administration adds Apple to the hit list. Wall Street lowered this session but is still ahead of its weekly gains to set for the best weekly gains this week. Unlike the two previous sessions, the stock market’s main indicators were down today due to the market’s risk […] More
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in NewsWall Street’s major indicators edge higher despite increasing inflation, interest rate cuts, and uncertainties
Wall Street’s major indicators edge higher despite increasing inflation, interest rate cuts, and uncertainties. The market’s hopes for early interest rate reductions rose this morning after Goldman’s expert reports on the subjects. Recognized Goldman Sachs experts say that the second half of this year will at least witness three interest rate cuts: in June, September, […] More
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in NewsWall Street main indexes declined for the third consecutive session this week, and the Federal Reserve chose not to change index rates next week
Wall Street main indexes declined for the third consecutive session this week, and the Federal Reserve chose not to change index rates next week. Wall Street edged lower on the first session of the end week of March 15. The Fed meeting has a significant impact on the stock market today, and the main reason […] More
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in NewsWall Street’s main indexes declined due to lower-than-expected real estate sales and PPI reports
Wall Street’s main indexes declined due to lower-than-expected real estate sales and PPI reports. Inflation raises the head question for the U.S. economy, and investors fear a second wave of consumer price inclination. Wall Street declined hours after the release of the U.S. PPI inflation report, and it was not expected even by the most […] More
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in NewsEmployment rose by 275.000 last month, surpassing market excavation and relieving market worries
Employment rose by 275.000 last month, surpassing market excavation and relieving market worries. surpassing economists’ expectations of 198,000. Employment in the U.S. rose by 275,000 in February, up from 229,000 in January (revised down). The report was released early today by the Bureau of Statistics and was one of the most anticipated reports this week […] More
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in NewsWall Street’s main indexes are higher despite real estate loans and internal control concerns
Wall Street’s main indexes are higher despite real estate loans and internal control concerns. Wall Street and global stocks traded higher this Thursday morning for the second appearance of the U.S. FedChariman. Marjt continues to put its weight on the market, and strong earnings sessions and a strengthened labor market boost consumer sentiments. Before this, […] More
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in NewsWall Street opened higher in the first trading session of March amid increasing optimization of the market
Wall Street opened higher in the first trading session of March amid increasing optimization of the market. Wall Street opened the first session of March in a strong position with cooling inflation data and a strong labor market. Market participants were positive despite the market uncertainties and concerns over a market slowdown. In the previous […] More
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in NewsWall Street was mixed as traders reacted to U.S. inflation data
Wall Street was mixed as traders reacted to U.S. inflation data. All eyes turned to the personal CPi reports, which will strongly determine if there will be a summer interest rate cut or not. The battle against inflation will continue until the Fed succeeds in burning down consumer prices to below or at least 2%. […] More