Wall Street Slips as Tech Slump Deepens on the Eve of US Midterm Elections
Wall Street ended a choppy start to November lower on Monday, as another slide in technology shares outweighed relief from a sharp drop in oil...
Tag : oil prices
Oil Falls Around 3% as Qatar-Mediated Talks Raise Hopes of an End to the Iran War
Oil prices fell by about 3% on Monday as Iranian and Qatari officials held a third consecutive day of talks aimed at ending the US-Israeli...
Global Stocks Climb as Chip Rally Extends Ahead of Fed Decision and Big Tech Earnings
Global equities pushed higher into midweek as a rally in chip stocks spread across continents. That sets a cautiously upbeat tone ahead of two events...
Fed Set to Hold Rates Today as Traders Price In a December Hike
The Federal Reserve is widely expected to leave interest rates unchanged on Wednesday, pausing a tightening campaign that began only last month. Investors, meanwhile, are...
Wall Street Heads Into Fed Week on a Winning Note as Asian Chip Stocks Surge
Global equities are entering one of the busiest weeks of the year with some momentum. The Dow Jones Industrial Average added 146.42 points, or 0.28%,...
Oil Slips as Gulf Diplomacy Gathers Pace, but Brent Stays Near Six-Month Highs
Oil prices edged lower on Tuesday as a new round of regional diplomacy raised hopes that the war involving the United States, Israel and Iran...
Global Stocks Slip as Big Tech Earnings and the Fed Loom Over a Jittery Market
Stocks stumbled across much of Asia on Monday, extending a nervous stretch for global markets. Investors are bracing for a week crowded with Big Tech...
Five Central Banks Decide in Three Days as Oil-Fuelled Inflation Tests Rate Makers
Global borrowing costs face a crowded few days. Five major central banks will announce interest-rate decisions within roughly 50 hours this week, just as oil...
Treasury Yields Retreat Toward 5% as Tech Rout Cools Bets on a Fed Rate Hike
A sharp fall in technology shares has changed the mood in the bond market. US Treasury yields dropped on Thursday and expectations for another Federal...
Nasdaq Suffers Worst Day Since June as Doubts Over AI Spending Hit Chipmakers
Wall Street’s technology-heavy Nasdaq Composite had its worst session since June on Thursday. A string of company results revived an uncomfortable question: how much will...