Political standoff over debt limit
The current political standoff over the debt limit has experts warning of severe turbulence in the financial markets. This article will explore the potential consequences of a failure to reach an agreement, includi...
US equity futures on Friday
Major futures indices cut losses the day before, suggesting a 0.4% decline by market opening.
Wall Street retreated on Thursday after news that US inflation jumped 7.5% in January, raising expectations that the Federal R...
Market on holiday
US stock indices ended the shortened week with an increase.
The stock and bond markets will be closed on Friday, Christmas Eve.
There will also be no futures trading on Friday. Trading will resume Sunday at 6 p.m. ET.
Asian stoc...
Shares plunge
Micron Technology (MU) shares fell sharply after the company reported a record quarter but gave a forecast well below and worse than analysts' expectations. Wall Street experts pointed out the problems and lowered their target prices f...
Strengthening the US economy
At the end of the meeting, the Fed reassured financial markets by stating its commitment to maintaining current policy and zero rates until substantial progress on inflation and employment. The Fed do...
New York Stock Exchange premarket
Shares in Boeing (NYSE:BA) are up 0.5% following the US and EU decision to end a 17-year dispute over aircraft subsidies for Boeing and its rival Airbus.
Biogen (NASDAQ: BIIB) shares were down 0.3% following a fail...
U.S. government bonds
US ten-year government bond yields exceeded 1.37% p.a., reaching their highest level in a year. This was driven by investor fears of an acceleration in the pace of consumer price increases on the back of stronger economic activ...
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