Tag: economic data


US stocks rise as investors digest upbeat economic data and latest developments in Russia

June 27, 2023

Via: Markets Insider

US stocks rallied on Tuesday as investors digested upbeat economic data and the latest developments in Russia after the Wagner Group’s weekend mutiny. Supported by transportation spending, durable goods orders for May came in stronger than expected, easing concerns about […]

Finance Tech, Trading

Global shares mixed after Wall St dips on weak economic data

April 5, 2023

Via: ABC News

Stocks are dipping on Wall Street Wednesday, and Treasury yields are dropping following the latest signals that the U.S. economy is slowing under the weight of much higher interest rates. The S&P 500 was 0.3% lower in morning trading, a […]

Finance Tech, Trading

Global shares rise after ‘relief rally’ on Wall Street

October 4, 2022

Via: ABC News

Global shares rose Tuesday, with European markets tracking gains in Asia and U.S. after some weak economic data raised hopes that the Federal Reserve might ease away from aggressive interest rate hikes. France’s CAC 40 gained 2.8% in early trading […]

Finance Tech, Trading

Wall Street is warning that stocks are out of touch with real life economics.

August 16, 2022

Via: Markets Insider

On this day in 1991, President George H. W. Bush declared that the recession that started July 1990 was almost over. It officially ended in December 1992. But the NBER only declared its end 22 months after the fact — […]

Energy, Industries

Crude Oil Price Forecast: Traders Weigh Economic Data Against Tight Supply

August 2, 2022

Via: DailyFX

Crude oil prices fell to kick off August, putting the commodity on track for a third monthly loss, assuming the nearly 5% drop on Monday is a sign of what’s to come. China’s National Bureau of Statistics (NBS) reported a […]

Finance Tech, Trading

U.S. Stocks Seeing Modest Strength On Upbeat Economic Data

November 16, 2021

Via: Markets Insider

Stocks have moved modestly higher in morning trading on Tuesday, with the major averages all moving to the upside after ending the previous session roughly flat. Buying interest has remained somewhat subdued, however, limiting the advance by the markets. Currently, […]

Finance Tech, Trading

Asian stocks fall for 2nd day after new Wall St record

June 29, 2021

Via: ABC News

Asian stock markets declined for a second day Tuesday after Wall Street hit a new high on tech stock gains and the World Bank raised its forecast of Chinese economic growth. Market benchmarks in Shanghai, Tokyo and Hong Kong retreated. […]

Finance Tech, Trading

European Markets Close Higher On Earnings, Recovery Hopes

May 5, 2021

Via: Markets Insider

European markets closed higher on Wednesday, reacting positively to some upbeat earnings reports and encouraging economic data that indicate a fairly strong global economic rebound. Mining stocks moved higher as copper prices rose past a key psychological level of $10,000 […]

Finance Tech, Trading

Global shares turn lower as coronavirus cases surge

June 24, 2020

Via: ABC News

TOKYO — Global stock markets turned lower on Wednesday amid fears over surging coronavirus cases in various parts of the world. While economic data is pointing to a recovery from the spring lockdowns that are being eased in many countries, […]

Finance Tech, Trading

U.S. stocks have hit record highs but these markets have performed better in 2019

December 20, 2019

Via: Market Watch

U.S. stocks just keep on climbing. The three major benchmark indexes all closed at fresh record highs on Thursday despite President Donald Trump’s historic impeachment. The U.S.-China trade war truce and recent positive economic data have buoyed investors toward the […]

Finance Tech, Trading

What Could Go Wrong With the Economy? The Markets Are Offering Hints

November 21, 2018

Via: The New York Times

The most telling thing about the pummeling that the stock market has taken recently, and especially this week, is that there’s no simple single cause to point to. That reflects the fundamental economic risk for 2019 and beyond. There isn’t […]

Finance Tech, Liquidity

The dollar hits its best level since January

May 1, 2018

Via: Business Insider

The US dollar hit its best level in nearly four months on Tuesday as traders ready for Wednesday’s Fed meeting and a flurry of economic data. The US dollar index, which measures the greenback versus a basket of its major […]