News

Wall Street indices show positive gains as hopes for pausing the tightening cycle rise. The strong gains last month in Wall Street were due to the rising hopes that U.S. monetary policymakers will stop the tightening cycle for good. This hope, however, might change this month if the Fed decides to walk on the opposite […] More

Here is what’s moving the market: OPEC Considers Cuts, UAE Plans Rise; Mixed Markets on PCE Data Saudi Arabia and its lies to OPEC might initiate another 1 million barrels per day of production cuts. Most of the oil cartel members support further oil production cuts, while Nigeria and Angola resist quota downgrades. In the […] More

Black Friday Boosts Market Resilience Despite Economic Challenges The stock market continues its thin-gain session, from the tech-heavy Nasdaq to the Dow future. As Black Friday draws to a close, investors remain focused on the biggest purchasing day of the year. Despite mixed economic data, this year has scored a notable increase from the 69% […] More

Wall Street opened higher on Thursday with hopes of strong 4Q reports. On Thursday, Wall Street gained higher as fears of a market downturn cooled a bit. As inflationary pressure remains above the 2% objective, Federal Reserve officials agreed on the necessity of proceeding carefully. That also includes the fact that there is no interest […] More

U.S. West Texas Intermediate (WTI) is in a bear market, down over 20% from late September’s $95 high. The summer price rise from OPEC output cuts and geopolitical fears of the Middle East conflict had clear effects on the oil industry. As of today’s opening trading hours, the West Texas Intermediate has officially entered a […] More

Consumer spending, retail sales, and consumer price index pressures Wall Street Consumer index reports and retail sales reports are the headlines for this week. Unexpectedly, both reporters were negative about rising concerns over the Fed’s monetary policy, and the recession scenario is on the table once again. Starting with the 14th of this month’s report, […] More

The Fed still has a tightening bias, and Wall Street struggles with the tightening policy. Jerome Powell says in his Fed comments, The Fed is committed to achieving a stance of monetary policy that is sufficiently restrictive to bring inflation down to 2% over time. With these words, U.S. Federal Reserve Chairman Jerome Powell just […] More

The S&P broad benchmark struggles to keep its rally as the Fed’s monetary policy becomes uncertain for investors. The U.S. stock market is having a tough time keeping its rally up for several days. The Wall Street Journal reported that the main benchmarks are struggling amid the anticipated announcement of the FED interest rate policy. […] More

The FED chose to keep interest rates steady for the second meeting in a row, and the bond market failed hours after the decision. The news titles on yesterday’s Fed meeting decision were highlighted as benign, cautious, and movingly careful. For the second meeting in a row, the U.S. central bank kept the benchmark interest […] More

The stock market rises as the Federal Reserve deals with uncertainty and mixed economic signals. With the latest monetary policy meeting of the Fed in focus, it is expected that the U.S. Federal Reserve will raise its key interest rates to the usual rate. The FOMC bets on 5.25%–5.50% for the second straight meeting. Yet […] More

The U.S. stock index futures rose, potentially reversing the broader market’s second consecutive week of declines. Major indices saw significant declines on Wednesday, with the Nasdaq declining by 1.7%, the S&P down 0.9%, and the Dow falling 0.8%. The Nasdaq is on track for a third consecutive weekly loss, with a total weekly loss of […] More

The U.S. GDP Soars While Wall Street Falters Amidst Tech Giants’ Struggles The third quarter is still in focus, and investors are still digesting the macroeconomic changes. On Thursday, October 26th, Wall Street Min indexes fell amid mixed sentiments hours after the release of the economy. GDP growth and economics Beating market expectations, the U.S. […] More