Market Focus After the last two consecutive days of impressive rally, the market was relatively quiet on Wednesday. U.S. stocks have been hesitant after determining their direction in the first hour of opening. At the end of the market, the …
Market Focus US stock advanced on Tuesday, making the biggest rally in nine months amid risk-on market sentiment. Investors’ mood turned more upbeat this week as several health experts have said that Omicron symptoms appear milder, and the variant seems …
Market Focus After the White House’s chief medical adviser, Dr. Anthony Fauci, eased concerns about the severity of the new Covid-19 virus, Wall Street decided to put aside omicron’s concerns on Monday. Besides, there are reports that China is considering …
Market Focus US stock fall last Friday amid a sharp selloff witnessed in huge technology companies, extending their weekly slide. The concerns about the new Omicron variant remained, as investors worry about that an outbreak could slowdown the recovery in …
Market Focus After falling sharply for two consecutive days, the three major stock indexes finally rebounded strongly on Thursday. Main reason comes from the cyclical stocks have recovered some of their recent declines. The Dow Jones Industrial Average rose 617.75 …
Market Focus US equities underwent their worst back-to-back collapse since October 2020 as Fed Chair Jerome Powell reiterated his pivot to inflation vigilance and the omicron variant continued to spread, with the U.S. confirming its first case on Wednesday. In …
Market Focus Stocks dropped on Tuesday as volatility resumed after a brief rebound earlier this week, with investors contemplating the impacts of a new coronavirus variant and new comments from Fed Chair Jerome Powell. Both the S&P 500 and Nasdaq …
Market Focus Global equities plummeted on Friday, with a new COVID variant discovered in South Africa rising concerns that new lockdown policies could be imposed and hindered the recovery of the economy once it gets widely spread. In Asia, Japan’s …
Market Focus Eurozone’s October inflation rate hit a 13-year high of 4.1%, well above the European Central Bank’s 2% target, prompting some investors to bet that the European Central Bank will raise interest rates next year. But the Council of …
Market Focus The US indices edged higher on Wednesday, and technology stocks rebounded due to the slowdown in the rise in bond yields. The recent increase in yields is due to the decision of President Joe Biden, who re-nominated Jerome …
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