Volatility returned as market participants adjusted their expectations for rate cuts.
A version of this story first appeared in CNN Business’ Before the Bell newsletter. Not a subscriber? You can sign up right here. You can listen to an audio version of the newsletter by clicking the same link. The number of publicly traded companies in the United States is shrinking. Jamie Dimon, one of the world’s most influential business leaders, is worried. At their peak in 1996, there were 7,300 publicly traded companies in the US. Today there are about 4,300. It’s not that America has 40%...
HONG KONG (AP) — Asia stocks were mostly higher on Tuesday, with investors mainly focusing on a U.S. inflation report and what it means for interest rate cuts by the Federal Reserve. Oil prices advanced while U.S. futures were mixed. The yen weakened, coming close to a 34-year low. Japan’s benchmark Nikkei 225 gained 0.8% []
What are the best Apple deals? This April, find sales on many Apple products at Best Buy, Amazon, Walmart, Target, B & H and more.
Is it really possible that a stock down 63% is worth buying today? Does that mean the investing community is getting something wrong? Toast (NYSE: TOST) stock is reporting strong growth metrics, but its stock has plummeted. Let’s see why it has been declining, what investors might be missing, and its plunging price could be
The stock of Ibotta, a digital marketing platform backed by Walmart Inc., soared 27% in its trading debut on Thursday, after the deal priced at $88, a full $4 above its proposed price range. The company allows consumer packaged goods companies to offer promotions to customers through a network of p
TOKYO (AP) — Asian shares mostly declined Friday after a U.S. Federal Reserve official said the central bank might not deliver any of the interest rate cuts that Wall Street has been banking on this year, citing concerns about inflation. Japan's benchmark Nikkei 225 dove 2.4% to 38,812.24. Sydney's S&P/ASX 200 slipped 0.8% to 7,756.20. []
The BSE and NSE equity markets will be closed for trading on Thursday due to Eid-Ul-Fitr (Ramzan Id). Additionally, India's largest agricultural commodity exchange, NCDEX, will also remain closed tomorrow. Meanwhile, MCX will be shut for the first session from 9 am to 5 pm but will resume trading after 5 pm.Additionally, equity markets will remain closed on April 17 as well for the occasion of Ram Navami.Also read: Stock market holidays in April 2024: NSE, BSE to remain shut on these two...
Equities retreated after inflation data called the Fed's rate-cut plans into question.
Stocks soared into the weekend as investors brushed off strong payrolls data and lowered rate-cut expectations.
The main indexes temporarily tumbled after Fed Chair Powell said interest rates could stay higher for longer.
Strength in several mega-cap tech and communication services stocks kept the main indexes higher Thursday.