The US PMIs surprised to the downside in both manufacturing and services driving a considerable move lower in USD yields.
Stocks surged as weak economic data raised hopes for Fed rate cut. S&P 500 up 1.2%, Nasdaq 100 up 1.5%, Dow Jones up 0.6%.
“Global investors ... you can see why the Dow is moving upwards. Apple and Microsoft are both members and semiconductor ...
“On a relative currency hedged basis, the U.S. has broken down against Europe, testing its all-time lows of 2019,” said ...
The US is drawing up plans to cut Chinese banks off fro the global financial system, according to The Wall Street Journal.
Markets have had a rough go of things this month, but don’t count them out just yet. Monday’s bounceback, buoyed by a strong ...
Wall Street expects $0.50 in adjusted EPS on a QoQ decline in revenue.
The S&P 500 opened today at 4,987.33. Within 30 minutes of trading, the benchmark index rose by 3.29 points, or 0.07%.
Shares of Tesla opened the week lower after cutting the U.S. prices of its Model Y, Model S and Model X by $2,000 on Saturday. The stock was down 4.4% at $140.56 when the market opened. Shares have ...
Futures loom after the Nasdaq's worst week since 2022 as Nvidia and Super Micro dived. Tesla slashed prices over the weekend ...
Tesla has announced aggressive price cuts in China and Germany, shortly after reducing prices in the United States, as the ...