Browsing Tag
Economic Data
13 posts
Nikkei Hits Lowest Point Since August as Tech Stocks Plummet; Taiex Leads Asian Declinesc
Asian markets experienced a sharp downturn on Wednesday, with Japan’s Nikkei 225 and Taiwan’s Taiex leading the declines…
Nvidia’s Historic $279 Billion Market Value Drop Marks Wall Street’s AI Optimism Fade
In an unprecedented move, Nvidia’s market value plummeted by a staggering $279 billion on Tuesday, marking the largest…
Asia Stocks Falter Amid Growing Concerns Over China’s Economic Outlook and China-Japan Tensions
Asian stock markets showed a lack of stability as investors remained on edge, awaiting crucial economic data that…
“Dow Hits All-Time High with 200-Point Surge; S&P 500 and Nasdaq Mixed”
The Dow Jones Industrial Average surged to a record high on Thursday, gaining 243.63 points, or 0.59%, to…
U.S. Stock Rally Broadens as Investors Eye Fed Rate Cuts and Shift Focus Beyond Tech Giants
The U.S. stock market’s rally is showing signs of broadening, providing a boost of optimism for investors who…
US Economy Surges in Q2 Amid Slowing Labor Market, Corporate Profits Rebound
The U.S. economy grew at a faster pace than initially reported in the second quarter, reflecting robust consumer…
U.S. Stocks Surge on Friday, Capping Off Best Week of 2024 Amid Market Rebound
U.S. stocks ended higher on Friday, marking the conclusion of their most successful week of 2024 as the…
Emerging-Market Currencies Falter as US Retail Sales Exceed Expectations
Emerging-market currencies saw a decline after US economic data indicated stronger-than-expected retail sales, tempering expectations of a significant…
US Stocks Climb as Inflation Hits 3-Year Low, Fed Rate Cut Bets Solidify
US stocks ended Wednesday’s session higher, buoyed by the lowest inflation reading in three years. Consumer prices rose…
Pound Surges Above $1.28 Following Unexpected Drop in U.K. Unemployment Rate
The British pound climbed to over $1.28 on Tuesday after the latest U.K. labor market data revealed an…