Morning Bid: Tiptoeing nervously along US rate path – Aug 27
World markets are entering a period of nervous uncertainty as investors try to determine whether upcoming U.S. interest rate cuts will be benign and in tandem with a ‘soft landing’, or mitigation against a more damaging economic downturn. Asian markets leaned towards the former on Monday and traded positively. But risk appetite steadily whittled away as the day […]
US stock quick picks -Aug 26
Stock Market News Fed Chair Powell indicates interest rate cuts ahead – ‘The time has come for policy to adjust’ – CNBC Meta cancels plans for high-end mixed-reality headset, the Information reports – Reuters Apple targets Sept. 10 debut for new iPhones, AirPods and watches, Bloomberg News reports – Reuters China’s robot makers chase Tesla to deliver humanoid […]
Stocks rise, bond yields drop on soft US PPI data – 14 Aug – [#2439]
Asia investors will digest the near certainty of a September loosening of U.S. monetary policy on Monday after a speech by U.S. Federal Reserve Chair Jerome Powell on Friday confirmed that the United States is ready to begin cutting interest rates. At his keynote speech to the Kansas City Fed’s annual economic conference in Jackson Hole, Wyoming, Powell said […]
US euqities, ex-dividend stocks – coming week
Ex-Dividends Stocks Tractor Supply Co. (TSCO) is about to trade ex-dividend Monday, meaning that investors who buy the stock after Monday will not be eligible for the next dividend payment. The company’s next dividend payment will be $1.1 per share. It has fixed August 26 as the record date for the same and will pay […]
Crypto market highlights – Aug 24
Crypto Market Highlights Tether has decided not to launch its blockchain due to market saturation and strategic concerns. Fetch.ai is opening a hub in San Francisco to advance artificial intelligence technology. According to Arkham Intelligence, El Salvador has continued accumulating Bitcoin, purchasing one daily since March 16. Upbit has temporarily suspended Near Protocol deposit and withdrawal […]
US stock quick picks – Aug 23
Stock Market News Peloton beats fourth-quarter revenue estimates, shares jump – Reuters Walmart adds a Burger King benefit to its membership program – CNBC GM-owned Cruise will partner with Uber to offer driverless rides – CNBC Philadelphia Fed President Harker advocates for interest rate cut in September – CNBC Treasury yields rally as Federal Reserve signals readiness for September […]
US stock quick picks – Aug 22
Stock Market News Target CEO Brian Cornell weighs in on price gouging accusations in retail – CNBC U.S. job growth revised down by the most since 2009. Why this time is different – CNBC Macy’s lowers annual revenue forecast on weak demand – Reuters Ford delays new EV plant, cancels electric three-row SUV – CNBC Fed minutes point to […]
Dollar low, Asia stocks slide, all eyes on central bank rates – 22 Aug
latest: South Korea holds interest rate amid property concerns Today’s Market News China central bank warnings on long-dated bonds aim to curb systemic risks, watchdog says Gold prices hover near record high post US Fed minutes Morgan Stanley cuts Mexico stocks to ‘underweight’, trims China targets China Sino-Ocean’s offshore debt revamp plan gets 30% creditor […]
Stock market news and trends – Aug 21
Stock Market News Lowe’s cuts full-year outlook as it expects home improvement sales to weaken – CNBC Bidding war erupts over Paramount as Edgar Bronfman submits $4.3B competing offer – New York Post Alaska Airlines and Hawaiian Airlines merger clears Justice Department hurdle, now faces DOT – CNBC EU slashes planned tariff on Tesla’s China-made EVs to 9% […]
Shares rise, dollar drop on rate cut bet – Aug 21
Index Last Change % Change trading lower Dow Jones Industrial Average .DJI 40,834.97 -61.56 –0.15%Negative trading lower Nasdaq Composite Index .IXIC 17,816.94 -59.83 –0.33%Negative trading lower S&P 500 Index .SPX 5,597.12 -11.13 –0.20%Negative Source: LSEG, opens new tab – data delayed by at least 15 minutes See all Today’s Market News Indian stocks to rise […]
