TLDR: Trump names Scott Bessent as Treasury Secretary, causing Dow futures to hit record high with 0.68% increase Bessent is…
Browsing: Finance
TLDR: Goldman’s Scott Rubner predicts S&P 500 will reach 6,200 points in year-end rally starting this week US equities saw…
TLDR: Global markets experiencing sharpest decline since August following Trump’s election win Non-US MSCI index fell 1.6%, with European stocks…
TLDR: Fed cut interest rates by 0.25 percentage points to 4.5%-4.75% range This is the second rate cut of 2024,…
TLDR: Powell firmly states Trump cannot legally fire him from Fed Chair position Trump’s senior adviser indicates Trump may let…
TLDR Nvidia overtakes Apple as world’s most valuable company at $3.43T Company stock up 850%+ since late 2022 AI-linked cryptocurrencies…
TLDR: Fed’s independence at stake in 2024 election with multiple positions to be filled Trump signals potential for deeper disruption…
TLDR: Fed expected to implement 25 basis point rate cut despite mixed economic signals Core PCE inflation remains steady at…
TLDR: Five of the Magnificent 7 stocks are reporting earnings this week, amid high expectations for tech sector performance The…
TLDR: Labour unveils £40 billion tax increase package, largest peacetime tax rise in recent UK history Employers’ National Insurance to…
TLDR: Labour’s first budget aims to raise £40bn in taxes, with businesses bearing over half the burden Major change: Employers’…
TLDR: 169 S&P 500 companies reporting earnings in coming days, with major focus on Big Tech “Magnificent Seven” stocks expected…
TLDR: Markets showing unusual behavior in current bull market phase, particularly with mega-caps leading instead of small-caps FTSE 100 up…
TLDR: BRICS alliance expands to 10 nations while developing new financial infrastructure New payment system aims to reduce reliance on…
TLDR: NYSE plans to extend trading hours on Arca exchange to 22 hours daily (1:30 AM to 11:30 PM ET)…
TLDR: Stock markets rose Friday morning with S&P 500 up 0.8%, Dow Jones up 0.4%, and Nasdaq up 1.3% Treasury…
TLDR: WeRide raised $440.5M total through IPO ($120M) and private placement ($320.5M) Company valued at $4.21B, selling shares at $15.50…
TLDR: Dow, S&P 500, and Nasdaq all declined for third consecutive day, with Dow falling 409.94 points (0.96%) 10-year Treasury…
TLDR: Markets declined significantly with Nasdaq leading losses, dropping 1.6% Treasury yields hit highest levels since July at 4.24% McDonald’s…
TLDR: Markets are indicating a potential Trump victory in the upcoming U.S. presidential election Druckenmiller sees signs of this in…
TLDR: China’s second-hand and grey markets for luxury goods are booming due to price hikes and weak economy Sales across…
TLDR: Goldman Sachs forecasts 3% annualized return for S&P 500 over next decade This is significantly lower than the 13%…
TLDR: Chinese stocks rallied, with the CSI 300 Index closing up 3.6% President Xi Jinping emphasized technology development, boosting tech…
TLDR: Trump suggests presidents should comment on, not order, Fed rate decisions This marks a shift from his previous stance…