Stocks surge as tech giants lead Wall Street rally
Wall Street surged Thursday as investors embraced the Fed’s first rate cut in four years, with major indexes rising and tech stocks leading the charge....
Tag : interest rates
Russia boosts interest rates to 19% as inflationary pressure persists
Russia’s Central Bank raised its key interest rate to 19%, citing persistent inflation driven by increased defense spending amid the ongoing war in Ukraine....
ECB slashes rates, addressing inflationary pressures in Euro zone
ECB's June rate cut puts it ahead of the U.S. Federal Reserve, which continues to grapple with inflation challenges in the U.S....
European markets struggle; Barclays surges 7% on earnings
European markets struggle amidst global sentiment uncertainty, while Barclays surges 7% on strong earnings....
Stocks fluctuate as Fed holds rates steady
Federal Reserve's steady rates cause stock market fluctuations amid inflation concerns. Tech sector weakens....
S&P 500 hits record high as Wall Street gains momentum
US stock markets had a strong start to the week, with the S&P 500, Dow Jones, and Nasdaq all posting gains, reaching new highs....
Treasury yields rise on positive retail data and central bank remarks
Treasury yields spiked to a five-week high, propelled by solid retail sales and key remarks from the Federal Reserve....
Economist forecasts consumer spending dip amid economic shifts
In 2023, consumer spending remained robust despite ongoing inflation and rising interest rates, marking a significant trend in the economy....
Gold prices rally amid U.S. dollar decline and economic data anticipation
In recent Asian trading sessions, gold has witnessed a noticeable uptick, rebounding from its most significant weekly decline since June. This surge is primarily attributed...
Global markets react positively to Federal Reserve’s rate cut outlook
The Federal Reserve’s recent announcement has stirred significant optimism in financial markets. The Federal Open Market Committee (FOMC), maintaining interest rates at their current 22-year...