US stocks trade higher as AI enthusiasm eases worries over higher oil prices, yieldsWall Street experienced gains driven by optimism in artificial intelligence despite high oil prices and rising Treasury yields. Microsoft s...
Dollar set for weekly gains as yields surge, Fed bets buildThe dollar has achieved consecutive weekly gains for the first time in over three months, bolstered by rising Treasury yields. Anticipation...
US stocks: S&P 500 ends nearly flat as US-Iran talks help stocks pare lossesS&P 500 ended almost flat as Microsoft declined, while Meta Platforms recorded gains amid ongoing market fluctuations. Oil prices surged fo...
US Federal Reserve’s Anna Paulson sees scope for more interest rate hikes amid inflation risksPhiladelphia Federal Reserve President Anna Paulson indicated that additional interest rate hikes could be warranted to combat inflation. S...
Why US stocks are down: Dow, Nasdaq slide as Iran tensions push oil, yields higher amid Trump-Xi talksWall Street's main stock indexes fell as Middle East tensions weighed on financial markets. Oil prices have risen, which is causing a spike...
US stocks: US market ends down as oil prices, Treasury yields riseIn a turbulent day for Wall Street, the markets faced declines primarily driven by disappointing performances from Alphabet and Amazon, com...
US stocks: US stocks fall as oil prices, yields tick up; traders assess Mideast talks, Trump-Xi meetUS stocks retreated due to climbing crude oil prices and rising bond yields impacting investor sentiment. Major semiconductor stocks faced ...
Global Market Today: Asian stocks rise after US tech rally, oil dropsMSCI’s Asia Pacific equity index climbed 0.3%, a sixth straight day of gains, with Japanese markets closed for a holiday. Bellwether chip s...
Dow, S&P 500 slip as oil hovers near $100 despite Nasdaq’s record closeThe Dow and S&P 500 declined sharply as oil prices rallied near the $100 mark, causing apprehension among investors. However, the Nasdaq so...
US stocks: US stocks rise as AI stocks rally, oil tumbles over 3% on Middle East hopesWall Street indexes climbed on Monday, propelled by a surge in artificial intelligence stocks. Easing Treasury yields and declining crude o...
Chicago Fed President Goolsbee rejects calls for Fed rate cuts to ease US debt burdenChicago Fed President Austan Goolsbee rejected calls for interest-rate cuts to ease the US government’s debt burden, warning that such a mo...
Global Market: SoftBank launches $10 billion bonds to fund OpenAI investmentSoftBank Group is raising $11 billion through dollar- and euro-denominated bonds to fund its $10 billion investment in OpenAI, replacing br...
US Market: Fed rate path, oil prices and AI concerns to shape Wall Street this weekUS investors are set to focus on Federal Reserve rate signals, Middle East tensions, oil prices and Treasury yields this week. Attention wi...
US economy enters higher-rate era as inflation, AI boom persistThe US economy may be entering a prolonged period of higher interest rates as persistent inflation, government borrowing and massive AI inf...
Wall Street Week Ahead: Investors focus on rate path, AI slowdown after Fed hikeAs the new week approaches, US stock investors are set to prioritize developments in interest rates and Middle Eastern unrest. Attention wi...
Kevin Warsh-led Federal Reserve starts US war on inflationThe US Federal Reserve increased interest rates, signaling a global effort to control rising inflation. Other central banks will likely fol...
Infosys, TCS, other IT stocks in focus after first Fed rate hike in 3 years. Will inflationary pressures offset anti-AI euphoria?Indian IT stocks such as Infosys and TCS are likely to remain in focus after the US Federal Reserve raised interest rates by 25 basis point...