Tag: Nasdaq

Asian Stocks Turn Risk-On Ahead of U.S. CPI Reading
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Asian Stocks Turn Risk-On Ahead of U.S. CPI Reading

Asian Stocks Turn Risk-On Ahead of U.S. CPI Reading! Asian stock markets rose on Monday as investors awaited further signs that US inflation is slowing, and tech stocks are struggling to gain momentum. The weakness of the US dollar, as it retreated from a 20-year high, also contributed to the risk of starvation. But public holidays in Hong Kong and China kept business prices in the region muted. Taiwan’s tech-heavy index was the region’s top performer, up 1.8%. Indices in Japan and Australia […]

US STOCKS DROP AHEAD OF EXPECTED FED RATE HIKES
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US STOCKS DROP AHEAD OF EXPECTED FED RATE HIKES

US STOCKS DROP AHEAD OF EXPECTED FED RATE HIKES US stocks fell and the dollar increased on Friday even when the results of the Treasury yields rose, with traders weighing additional interest rates from the Federal Reserve to fight inflation. With higher rates, high growth and technology stocks such as Amazon.com INC (Nasdaq: AMZN) and […]

US job market surges in July
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US job market surges in July

US President Biden touts new data on Jobs. US job market surges in July! The US economy has slowed down for two subsequent quarters. What is interesting is that the job market seems to be in a recovery mode. According to a new report, United states has added 500,000 jobs in the month of July, […]

Asian Stocks Fall and Euro pars with Dollar
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Asian Stocks Fall and Euro pars with Dollar

Asian Stocks Fall and Euro pars with Dollar International equities faltered, oil dropped as well as the euro inched nearer to parity along with the risk-free place dollar on Tuesday as the possibility of additional tightening through main financial institutions, restored COVID outbreaks in China as well as Europe’s electricity shortages spooked investors. MSCI’s broadest […]

Dow Jones concludes the worst quarter since 2020
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Dow Jones concludes the worst quarter since 2020

Dow Jones concludes the worst quarter since 2020 On Thursday Dow Jones concludes the second quarter of the year with an enormous quarterly loss for two years. It happened because the latest economic data has increased the fear of recession in the consumers when Fed is recklessly determined to bring down inflation.   The S&P 500 […]

Wall Street slumps as recession fears increasing
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Wall Street slumps as recession fears increasing

The trend of bear market still continues U.S stocks showed sharp negativity on Thursday and closed at very lower levels due to the huge sell-off. The reason for this sell-off is the fear that is disturbing to investors regarding the biggest rise in interest rates since 1994 by central banks and this fear is growing […]