S&P 500 and Nasdaq rise, Dow slips. Warner Bros. Discovery halts Paramount merger talks. Apple scraps electric car project. OpenAI fights NYT lawsuit. Norwegian Cruise Line reports a profitable year.
stock market
The European index rose 3.1% last week to its highest level since January 2022.
China's state-owned banks have reportedly interfered to prevent the Chinese yuan from falling quickly.
Morgan Stanley's Chief Investment Officer, Mike Wilson, has offered a stock market playbook for three potential economic scenarios in 2024.
Morgan Stanley's Chief Investment Officer, Mike Wilson, has offered a stock market playbook for three potential economic scenarios in 2024.
Former President Donald Trump, who once claimed that a Joe Biden presidency would lead to a stock market crash, is now dismissing stock market highs as benefiting the "rich."
India has taken the spot of Hong Kong as the world's seventh-largest stock market.
After a period of shifting between minor gains and losses, the U.S. stocks were lower on Thursday, as a leap in bond revenues urged a selloff in defensive sectors including real estate and utilities while investors circled in mixed earning results and deal news amongst NXP Semiconductors and Qualcomm.
Shares of Blue Buffalo and Air Transport Service gained during the Wednesday trading session while shares of Yelp, Unisys Corp and Zagg Inc lost their shares in the stock market.
Indian stock markets recorded gains from continuous buying support from foreign institutional investors (FIIs). Encouraging global cues also led the stocks gain on Indian bourses. The latest institutional support made the best three-session rally since September 2013.
PBOC governor Zhou Xiaochuan is confident to say that China's economy is healthy along with the assurance that yuan will not be devalued again and that the country has enough monetary tools to support the economy.
Oil price continue to crash the lowest level. The price was closed at the lowest in 12 years to nearly $30 and is expected to continue dropping.
Former U.S. Treasury Secretary Larry Summers claims that the aggressive sell-off on the global markets can lead to "a very serious situation" and raising interest rates could be a big mistake.
Tokyo Electron Ltd (8035.T) shares plunged 15 percent on Tuesday to a six-month low after U.S. regulatory opposition forced the scrapping of its planned takeover by U.S.-based Applied Materials Inc (AMAT.O).
Russia hopes to place shares of shipping company Sovkomflot in New York as part of its privatization plans, a deputy minister of transport told reporters on Friday, a move which could face resistance due to confrontation with the West over Moscow's role in Ukraine.
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