Tesla Inc. shares are down 3.9% in Thursday morning trading after a Deutsche Bank analyst downgraded them to hold from buy, and they're on track to log their fifth session in a row of losses. That would make for Tesla's longest losing streak since the stock fell for six trading days in a row during
HONG KONG (AP) — Asian stocks tumbled Friday, with Japan’s Nikkei slumping 3.5% on heavy selling of semiconductor-related shares and other market heavyweights. Tensions in the Middle East were weighing on sentiment across the region, and U.S. futures were sharply lower. Oil prices jumped about $3 as the state-run IRNA news agency reported that Iran []
Investors lost N784 billion on the stock market last week following sell-off in the shares of some highly capitalised stocks.
The two indexes have closed lower for five straight sessions.
On Monday, the major U.S. stock indices finished positively, with the Dow Jones Industrial Average closing 0.4% up at 38,386.09, the S&P 500 increasing by 0.32% to 5,116.17, and the Nasdaq rising by 0.35% to 15,983.08. These are the top stocks that gained the attention of retail traders and investors throughout the day: read more
Upside risks for inflation have prompted Macquarie's North America economic team to make a fresh call of zero rate cuts by the Federal Reserve this year. Economist David Doyle said that while core inflation in December looked headed to the 2% to 2.5% range by mid-2024, this
Bitcoin is on pace for its worst month since November 2022, as the cryptocurrency continues to pull back from its all-time high of $73,798 reached in March. The largest crypto is trading at around $62,980 on Monday, down 1.2% on the day, according to CoinDesk data. It has fallen around 11.5% this m
Wednesday saw a varied performance across major U.S. indices. The Dow Jones Industrial Average dipped slightly by 0.1% to reach 38,460.92 read more
Thursday saw a decrease in major U.S. indices, with the Dow Jones Industrial Average closing the session down by nearly 1% at 38,085.80. read more
On Monday, U.S. stocks closed positively, with the Dow Jones Industrial Average rising by 0.7% to reach 38,239.98, the S&P 500 increasing by 0.9% to hit 5,010.60, and the Nasdaq climbing by 1.1% to settle at 15,451.31 by the end of the day. These are the top stocks that gained the attention of retail traders and investors throughout the day: read more
Wednesday saw U.S. stocks closing on a downward trend, with the Dow Jones Industrial Average dipping 0.1% to 37,753.31. read more
On Tuesday, the main U.S. stock indexes closed with varied results: the Dow Jones Industrial Average rose by 0.2% to reach 37,798.97. read more