Wall Street’s main indexes opened lower on Monday after hawkish comments from a U.S. Federal Reserve official tempered hopes of the central bank toning down its aggressive monetary policy approach. The Dow Jones Industrial Average fell 85.8 points, or 0.25 percent, at the open to 33662.05. The S&P 500 fell 15.0 points, or 0.37 percent,…
Dollar Edges Up as Fed’s Waller Cautions on Inflation
SINGAPORE/LONDON—The U.S. dollar steadied on Monday amid fading expectations of a less aggressive Federal Reserve interest rate hike after Governor Christopher Waller said the central bank was not softening its fight against inflation. A modest miss on U.S. inflation on Thursday put pressure on the dollar, which declined almost 4 percent in a week, marking…
Oil Falls $1 on China COVID-19 Surge and Firmer Dollar
November 14, 2022
admin
Business & Marketseconomic policieseconomyenergyglobalGold and CommoditiesinflationMarketsOilrecessionstocks
0 Comment
LONDON—Oil prices fell on Monday, dragged down by a firmer U.S. dollar while surging coronavirus cases in China dashed hopes of a swift reopening of the economy for the world’s biggest crude importer. Brent crude futures were down $1.01, or 1.1 percent, at $94.98 a barrel by 1030 GMT after gaining 1.1 percent on Friday….
Shares Sobered by Fed Warning, China Acts on Property
November 14, 2022
admin
Business & Marketscryptocurrencyeconomic policieseconomyenergyglobalGold and CommoditiesinflationMarketsrecessionstocks
0 Comment
SYDNEY/LONDON—Share markets continued last week’s rally in more modest fashion on Monday after a top U.S. central banker warned investors against getting carried away over one inflation number, while Chinese stocks gained on aid for the country’s property sector. A modest miss on U.S. inflation was enough to see two-year Treasury yields dive 33 basis…
Wall Street Opens Higher on Fed Optimism
Wall Street’s main indexes opened higher on Friday, extending gains from the previous session after soft inflation data supported expectations of smaller interest rate hikes by the U.S. Federal Reserve. The Dow Jones Industrial Average rose 82.38 points, or 0.24 percent, at the open to 33,797.75. The S&P 500 opened higher by 7.35 points, or…
China Dials Back Some COVID-19 Curbs, Global Stocks Jump
November 11, 2022
admin
Business & MarketsChinaChina Business & Economycovid-19 in chinaeconomyHong Kong Hang Seng IndexMarketspandemic restrictionsstockszero-covid policy
0 Comment
The Chinese regime has announced relaxing some of the harsh COVID-19 restrictions imposed in the country, with the decision positively affecting stocks worldwide. On Nov. 11, China’s National Health Commission (NHC) announced easing the pandemic rules a day after the Politburo Standing Committee met to approve the measures. The new rules cut down centralized quarantine…
Oil Jumps by 3 Percent as China Eases COVID-19 Curbs
November 11, 2022
admin
Business & Marketseconomic policieseconomyenergyglobalGold and CommoditiesinflationMarketsOilrecessionstocks
0 Comment
LONDON—Oil prices jumped by about 3 percent on Friday after health authorities in China, the top global crude importer, eased some of the country’s heavy COVID-19 curbs. Brent crude futures rose $2.86, or 3.1 percent, to $96.53 a barrel by 1145 GMT, extending a 1.1 percent rise in the previous session. U.S. West Texas Intermediate…
US Futures Point Higher, Adding to Thursday’s Huge Gains
November 11, 2022
admin
Business & MarketsCompanieseconomic policieseconomyenergyglobalGold and CommoditiesinflationMarketsrecessionstocksUS
0 Comment
Wall Street pointed higher in premarket trading Friday, adding to the hefty gains from a day earlier when government data showed that U.S. inflation eased more than expected, spurring hopes the Federal Reserve might scale down plans for more interest rate hikes. Futures for the Dow Jones Industrial average rose 0.5 percent. Futures for the…
Wall Street Surges, Dow up 1,200 Points on Cooling Inflation
NEW YORK—Wall Street blasted off Thursday to soar to its best day in more than two years as exhilaration swept through markets after a report showed inflation in the United States eased last month by even more than expected. The S&P 500 surged 5.5 percent, while the Dow Jones Industrial Average leaped 1,200 points and…
Wall Street Closes Sharply Higher as Inflation Data Fuels Investor Bets on Fed Rate Hike Slowdown
November 10, 2022
admin
2022 Midterm ElectionsBusiness & MarketsDow Jones industrial averageeconomyFed Rate HikeinflationMarketsmidterm election resultsNASDAQPoliticsS&P 500stocksUSwall street expectations
0 Comment
Wall Street registered its biggest rally since 2020 on Thursday following October’s inflation report suggesting a peaking of decades-high consumer prices, and investor optimism regarding a possible slowing down on Fed rate hikes. The S&P 500 closed Nov. 10 at 3956.37 with a 5.54 percent increase; Dow Jones by 3.40 percent at 33,715.37 with an…
-
Recent Posts
-
Archives
- May 2025
- April 2025
- July 2023
- June 2023
- May 2023
- April 2023
- March 2023
- February 2023
- January 2023
- December 2022
- November 2022
- October 2022
- September 2022
- August 2022
- July 2022
- June 2022
- May 2022
- April 2022
- March 2022
- February 2022
- January 2022
- December 2021
- November 2021
- October 2021
- September 2021
- August 2021
- July 2021
- June 2021
- May 2021
- April 2021
- March 2021
- February 2021
- January 2021
- December 2020
- September 2013
- July 2013
- March 2013
- January 2013
- December 2012
- November 2012
- December 1
-
Meta