Tag: stocks
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Dollar down, stocks shine after disappointing US jobs data
The dollar fell after weaker-than-expected US jobs data showed the economy added just 57,000 jobs, far fewer than expected.
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US stocks retreat to open Q3 ahead of June jobs data
New Fed Chair Kevin Warsh said the Fed would “deliver price stability in the US.”
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Stocks mixed with eyes on US Fed
An analyst said new Fed chief Kevin Warsh told investors the central bank is “in price stability business.”
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World stocks pause after rally as focus turns to Warsh
MILAN, July 1 : World stocks edged lower on the first day of the third quarter on Wednesday after a strong rally, as investors awaited remarks from Fed Chair Kevin Warsh, while softer euro zone inflation cooled bets on further interest rate hikes.Oil prices stayed near pre-war levels as investors weighed sign
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Nasdaq ends best quarter in 6 years as yen extends drop against dollar
NEW YORK: The tech-rich Nasdaq capped its best quarter in six years on Tuesday (Jun 30), rising with other US indices as bullishness over artificial intelligence overcame worries over geopolitics and inflation.The Nasdaq finished Tuesday’s session up 1.5 per cent at 26,213.72, taking its gains to
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Tech rebound lifts Dow to record, yen hits 40-year low against dollar
Analysts said investors were “rotating back into tech.”
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Stocks slip as Apple price hikes fan tech jitters, oil slides
LONDON/SYDNEY, June 26 : Global stocks slipped on Friday after Apple price hikes fuelled wider concerns over the inflationary impact of spending by tech giants, while oil prices dropped towards their lowest in four months despite difficulties reopening the Strait of Hormuz.Apple fell 6 per cent on Thursday af
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Nasdaq falls again on mixed day for US stocks, oil prices rise
Apple shares fell after price increases, while Micron rose on strong AI-related earnings.
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World stocks climb on chip rally; dollar steadies near one-year high
NEW YORK, June 25 : Global stocks rose on Thursday as strong earnings from chipmakers lifted sentiment, while the dollar hovered near a one-year high, with investors remaining wary about stretched valuations.The benchmark S&P 500 and the Nasdaq were advancing on Wall Street, led by industrials, healthcare and
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Asian markets climb after strong results from US chipmaker Micron
TOKYO: Most Asian stock markets climbed in early trade on Thursday (Jun 25) on the back of strong earnings of United States chipmaker Micron.Tokyo’s Nikkei 225 was up 2.31 per cent at around 8.30am (7.30am, Singapore time), while Seoul’s benchmark Kospi index soared 5.65 per cent.All eyes had been on t
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