News

The U.S. economy added an astonishing 517,000 new jobs in January, and investors fear the possibility of higher interest rates at the next meeting. It doesn’t necessarily mean that all good news is good, at least not in today’s case. Wall Street tumbled in Friday’s trading session despite the astonishing job growth report. The U.S. […] More

Wall Street opened lower due to a lower-than-expected U.S. private non-payroll report and EU inflation delineations for the third straight month. As of January 2023, the inflation rate in the Eurozone declined for the third straight month. Despite the positive inflation data, most European central banks are expected to stick to their 50 basis point […] More

Tesla and Amazon were among the Nasdaq’s top gainers, while Intel fell after reporting disappointing earnings. Wall Street has opened higher in the last two trading days, aiming to end the week on a positive note and recover from the previous week’s slump. The Wall Street main index opened higher on Friday morning trading hours […] More

The S&P 500 and Nasdaq opened lower amid fears of a European market crash. The S&P and Nasdaq opened lower on Wednesday’s opening trading hours, whereas the Dow Jones industrial average is gaining some momentum. This week, Wall Street delivered mixed gains due to the sideways action. However, despite the market pressures, experts see the […] More

Nasdaq jumps by 1.5%, leading today’s gains on Wall Street, and investors seek more rebounds to prevent a recession. Wall Street opened higher on Friday morning, yet even with today’s gains, the stock market is heading for a losing week. The good Chinese news, or the COVID reopening policy, had an enormous effect on Wall […] More

U.S. jobless claims rose by 19.000, lower than the estimate of 21.000, and Wall Street fell amid fears of a looming recession. For the first time in four weeks, the Nasdaq and S&P 500 fell sharply in Wednesday’s trading session. The stock market turmoil was caused by worries about rental sales and manufacturing activities in […] More

The S&P 500 heads to its second week of winnings, the Nasdaq falls slightly, and gold hits a $1900 market price. The Nasdaq index fell slightly during Friday trading sessions, owing to supply chain concerns in China. Wall Street delivered a mixed performance in today’s session. The S&P 500 feature declined by 0.26 percent, yet […] More

Product prices in the United States increased 6.5 percent year on year in December, with investors anticipating a 25% interest rate hike in February Finally, some good news in the stock market has investors feeling that the inflation danger is waving away. For the first time since March 2021, food and grocery prices cooled down […] More

Wall Street falls on the last trading day of the year, and experts see long-term gains in the U.S. dollar index. Wall Street’s major indexes failed to add gains on the final trading day of the year. As of 15:45 New York time, the S&P benchmark plunged by 0.79 percent to end the year by […] More

Wall Street opened higher during Tuesday’s trading hours, while oil prices remained volatile. According to Beijing officials, China will no longer impose restrictions or quarantine travelers. The announcement is set to be activated by January 8, 2023. As for its COVID restrictions policy, the country will keep up with its activated plan, and inverter manufacturers […] More

Russia will reduce its oil production by 7% in 2023, and oil prices jumped higher as fear of a market recession grew. Wall Street’s main index opened lower on Friday morning trading hours, yet the stock rebounded after a relieving inflation rate report. Dow Jones Industrial Average industrials gained 0.48% to 33,360.01 basis points. The […] More

Nike reports better-than-expected earnings and boosts the major Wall Street indexes during Wednesday’s opening trading hours. Unlike last week’s catastrophic results, Wall Street opened higher this week after better-than-expected Nike results and increasing consumer confidence. On Wall Street, experts agree that all three of its main indexes rose by an average of 1.5%. The S&P […] More