Tech stocks drag, dollar low on rate cut expectations – Sep 17
Today’s Market News Goldman Sachs, Citigroup cut China’s 2024 growth forecast to 4.7% Tech stocks drag, dollar plumbs lows on rate cut expectations Why Fed rate cuts matter to world markets Key developments on Tuesday: India wholesale price inflation (August) Indonesia trade (August) Japan tertiary index (July) Fixed Income Yields on short-dated U.S. debt […]
US stock quick picks – Sep 16
Notables Notable Earnings Today: Hightide (Nasdaq: HITI), Immunoprecise Antibodies (Nasdaq: IPA), RF Industries (Nasdaq: RFIL), Vince Holding (NYSE: VNCE). Notable IPOs Today: AA Mission Acquisition Corp. (NYSE: AAM), DT Cloud Star Acquisition Corporation Ordinary Shares (Nasdaq: DTSQ), Kairos Pharma, Ltd. (NYSE American: KAPA), Healthy Choice Wellness Corp. (NYSE American: HCWC), Flewber Global Inc. (NYSE American: FLAI), […]
China gloom vs Wall St vroom
Today’s Market News China opposes US tariff hikes, vows steps to defend its firms’ interests China to open anti-dumping probe on halogenated butyl rubber imports from Canada, Japan, India Japan’s PM hopeful Takaichi warns BOJ against raising rates China’s August coal output up on more power, chemical demand Downbeat China factory output, retail sales […]
Weekend market and business catch up – Sep 14
Markets 📈 U.S. indexes ended the week on a high note, continuing a recent hot streak. The Russel 2K performed the best today, earning two and a half points. DJIA [+0.72%] S&P 500 [+0.54%] Nasdaq [+0.65%] Russell 2K [+2.49%] Top Winners and Losers 🔥 Singular Genomics Systems [OMIC] $12.38 (+119.12%) Singular Genomics is up […]
Dollar drops, gold near record high as bets for big Fed cut – Sep 13
Today’s Market News Gold hits all-time high as Fed rate-cut hopes bolster appeal India’s retail inflation stays below 4% for second consecutive month in August Hawkish BOJ policymaker calls for rates to rise to at least 1% Key developments on Friday: India WPI inflation (August) South Korea import & export prices (August) New Zealand manufacturing […]
US stock quick picks – Sep 12
Stock Market News Consumer prices rose 0.2% in August with core inflation higher than expected – CNBC Meme stock GameStop slumps as revenue drop fans turnaround doubts – Reuters OpenAI in talks to raise funds at $150 bln valuation, Bloomberg News reports – Reuters Health Rounds: Once-weekly insulin from Eli Lilly appears effective as daily injections – Reuters Amazon […]
Asia Morning: Sep 12
Today’s Market News India enforcement agency conducts searches in Axis Mutual Fund front-running case China’s Midea Group to price shares at top of range in Hong Kong listing, sources say Bajaj Housing Finance draws bids worth $39 bln in hottest India IPO this year Vedanta Resources raises $900 million via dollar bonds Key developments on […]
US stock quick picks – Sep 11
Trends to Watch Nothing to Fear: Bitcoin ETFs Are Fine Despite Suffering Their Worst String of Outflows, Says Expert (CoinDesk) A Messy Departure: Goldman’s Credit-Card Exit Hampered by Lax Lending Standards (Wall Street Journal) Big Week: Two key inflation reports this week will help decide the size of the Fed’s interest rate cut (CNBC) Incomes Climbing: US incomes rose last year […]
Asia Morning – Sep 11
Today’s Market News Nomura sees markets revenue beating goal as brokerage courts hedge funds China’s exports up solidly but slowing imports dim trade outlook Gold holds firm above $2,500 level as US inflation data looms S&P 500, Nasdaq rise, crude slides as CPI awaits South Korea’s financial watchdog chief warns of household debt turning […]
US stock quick picks –
Stock Market News Big Lots files for bankruptcy, will sell assets to buyout firm as it blames high inflation – New York Post Goldman Sachs CEO says trading revenue is heading for a 10% slide in 3Q – Reuters Palantir soars 13% on software vendor’s inclusion in S&P 500 – CNBC Apple iPhone 16 event: Key announcements so […]
