COVID lockdowns threaten recovery

November 22, 2021

U.S. stocks were mixed after the close on Friday, with gains in the Technology, Consumer Goods and Utilities sectors led shares higher and losses in the Oil & Gas, Financials…

 

US stocks advance as labor market continues to recover

November 19, 2021

The S&P 500 hit another record as Macy’s and Kohl’s posted strong earnings and unemployment data showed the labor market is continuing to recover. The S&P 500 gained 0.34% to…

 

Stock markets stall on growth and interest rates concerns

November 18, 2021

Stock markets have opened mixed in Asia with safe haven assets, including gold, Japanese yen and government bonds, trading higher. The hint of risk off mood crept into the markets,…

 

Oil sags as mixed hopes linger on potential for…

November 17, 2021

Most Asian stocks fell Wednesday as the dollar held around a one-year high, bolstered by robust U.S. economic data that highlighted the case for tighter monetary policy and pushed up Treasury yields. The S&P…

 

Asia mixed as China-US meeting is held

November 16, 2021

US stocks closed lower as market focused on rising inflation and its impact on borrowing costs. The DOW closed marginally lower by 0.04% with early gains from Boeing’s surge failing…

 

US Stocks post weekly loses for the first time…

November 15, 2021

Wall Street stocks closed higher on Friday, with market-leading growth shares kick-starting indexes’ climb as investors looked past disappointing U.S. economic data. Despite their advances, all three major U.S. stock…

 

Ethiopia vows to make eurobond payment after third S&P…

November 12, 2021

In U.S, the dollar held a rally in the wake of the inflation print and caution triggered by a U.S. warning that Russia may be weighing a potential invasion of…

 

US stocks decline as inflation soars

November 11, 2021

Stocks fell after data showing that inflation hit a three-decade high added to investors’ concerns about price pressures in the economy. The S&P 500 lost 0.82% to 4646.71. The Dow…

 

S&P bullish run ends

November 10, 2021

The S&P 500 snapped its eight-day winning streak Tuesday, as investors eased their bullish bets amid a Tesla-fueled slump in consumer discretionary stocks and weakness in financials as U.S. Treasury…

 

Supply chain bottlenecks hold back German production

November 9, 2021

US stocks inked yet another set of records as the positive sentiment in markets continues, albeit with meagre gains on Monday. The DOW led, up 0.29% while the S&P and…