Stay on top of your trading with analyses of the latest market news.
US stocks declined sharply on Monday, witnessing heavy selling and were dragged down by safe-haven demand as investors were concerned about a global slowing economy and the spread of coronavirus in China. Investors’ sentiment soured as Federal Reserve officials stressed …
The US Department of Labor reported that non-farm payrolls rose by 261,000 last month, more than economists had forecasted. The increase in hiring was driven by more people entering the labour force. Meanwhile, private payrolls rose by 239,000 in October …
US stocks were little changed on Friday, having a shortened trading session following the US Thanksgiving holiday amid the prospect of the Federal Reserve moderating the pace of its policy tightening. Investors’ sentiment was boosted this week after the Federal …
US markets were closed due to the Thanksgiving holiday on Thursday, meanwhile, trading volumes are lower due to the holiday with no cash US equity market trading. The Meeting Minutes from the Fed earlier this month indicated several officials backed …
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