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 […]
Palo Alto Networks Does It Again – Aug 20
Trends to Watch The cybersecurity company Palo Alto Networks (Nasdaq: PANW) posted better-than-expected financial earnings results on Monday, sending the stock up 1.93% in after-hours trading. Big Week: Here’s how U.S. stocks historically perform around the Fed’s Jackson Hole gathering (MarketWatch) Another Setback: Boeing pauses tests of 777X aircraft after finding damage to one of the jets structures (CNBC) […]
Stocks up, dollar down ahead of Fed news – 20 Aug
Today’s Market News China widely expected to keep lending benchmark LPRs unchanged in Aug: Reuters poll India might need more cautious monetary policy to stem food price rise spillover, cenbank says Trend-following hedge funds returning to Japanese equities, J.P.Morgan says Gold subdued after record run as traders await cues from Fed Key […]
US stock quick picks – Aug 19
Stock Market News Texas Instruments to receive up to $1.6 bln under CHIPS and Science Act – Reuters Mpox vaccine maker Bavarian Nordic seeks ‘critical’ EU approval for teens after WHO declares health emergency – CNBC Consumer Sentiment Gets a Slight Bump, but Inflation Outlook’s Unchanged – PYMNTS EV maker Rivian halts production of Amazon delivery vans […]
Asia Morning: US soft landing hopes lift EM assets 19 Aug
Index Last Change % Change trading higher Dow Jones Industrial Average .DJI 40,659.76 +96.70 +0.24%Positive trading higher Nasdaq Composite Index .IXIC 17,631.72 +37.22 +0.21%Positive trading higher S&P 500 Index .SPX 5,554.25 +11.03 +0.20%Positive Index Last Change % Change unchanged Nikkei Index .N225 38,062.67 — — trading higher Hang Seng Index .HSI 17,430.16 +321.02 +1.88%Positive […]
US stock quick picks – Aug 16
Stock Market News Consumer spending jumped in July as retail sales were up 1%, much better than expected – CNBC Alibaba shares dip 3% after quarterly earnings miss expectations despite cloud acceleration – CNBC Ackman’s Pershing Square takes new stakes in Nike, Brookfield – Reuters Fed officials show more openness to September rate cut – Reuters Cisco shares […]
Asia Morning – Aug 16
Index Last Change % Change trading higher Dow Jones Industrial Average .DJI 40,563.06 +554.67 +1.39%Positive trading higher Nasdaq Composite Index .IXIC 17,594.50 +401.90 +2.34%Positive trading higher S&P 500 Index .SPX 5,543.22 +88.01 +1.61%Positive Index Last Change % Change unchanged Nikkei Index .N225 36,726.64 — — trading lower Hang Seng Index .HSI 17,109.14 -4.22 –0.02%Negative trading […]
US stock quick picks – Aug 15
Trends to Watch Beautiful: Warren Buffett’s Berkshire Hathaway Takes Ulta Beauty Stake, Sending Shares Up (Wall Street Journal) Ready for September: Stocks Rise as CPI ‘Checks The Box’ for Fed Cuts: Markets Wrap (Bloomberg) Winning Bet: DraftKings abandons plan for betting surcharge after FanDuel doesn’t follow suit (Axios) Bitcoin Support: Morgan Stanley discloses $188M in BlackRock Bitcoin ETF holdings (Cointelegraph) Leadership Change: Victoria’s […]
