Earnings season outlook
As the U.S. banking industry braces for its upcoming earnings season, investors are gearing up for a challenging outlook.
According to experts, a tough quarter is expected due to the fallout of the regional banking crisis an...
Stocks close higher
The US stock market closed out Friday's trading with gains in multiple sectors, including consumer goods, consumer services, and technology.
The Dow Jones, S&P 500, and NASDAQ Composite all ended the day with gains, up 1.26%...
Insights from the latest US economic report
The latest report from the Commerce Department provides insight into the state of the US economy, with data on inflation, personal income, and consumer spending.
Here's ...
Stock market on Friday
The US stock market ended Friday's trading with gains in the utilities, health care and consumer goods sectors.
At the close on the New York Stock Exchange, the Dow Jones was up 0.41 per cent, the S&P 500 was up 0.56 per ...
US stock market falls
Stocks ended the week with a decline as investors dealt with persistent banking issues in anticipation of the upcoming Federal Reserve meeting.
The Dow Jones, S&P 500, and NASDAQ Composite all finished the day down. This f...
Letter for the bank
Senator Elizabeth Warren has written a letter to the CEO of Signature Bank, Joseph DePaolo, demanding answers for what she claims to be the bank's "excessive risk-taking" and promotion of a "get-rich-quick narrative" during its e...
Weekend raises risk of regulatory scrutiny
Circle’s USD Coin, the world's second-largest stablecoin, took around 36 hours to fix its peg to the dollar after a liquidity crisis. While the token has been r...
After the close of trading
On Friday, the US stock market experienced a fall, with negative dynamics from the financial, industrial, and commodity sectors.
The Dow Jones dropped by 1.07% to reach a three-month low, while the S&P 500 and NASDAQ ...
US inflation
Mary Daly of the Federal Reserve Bank of San Francisco forecast that decision-makers will probably need to raise interest rates even higher and hold them there for a longer period of time.
Although though inflation ...
Ericsson has breached the agreement
Sweden's Ericsson has been ordered to pay a fine of more than $206 million for violating an agreement with the US Department of Justice. This was reported in a statement pos...
Friday trading result
The US stock market ended Friday's trading mixed, with the consumer goods, telecoms and utilities sectors strengthening.
At the close of trading on the New York Stock Exchange the Dow Jones&n...
Stock market on Wednesday
US stock indices are down today as traders assess statistical data and corporate reports.
At 09:53 ET, the Dow Jones index was down 217 points or 0.6%, while the S&P 500 was down 0.6% and the Nasdaq Composite was down ...
US stock market
US stock indices fell for the third consecutive week in early trading on Friday. Since the start of the week, the Dow Jones has lost 1.1%, the S&P 500 2% and the Nasdaq Composite 2.7%.
However, at the end of trading, the Dow Jon...
Stock market on Wednesday
US stock indices are down in early trading on Wednesday as traders assess corporate news and wait for new signals from Federal Reserve (Fed) executives, whose speeches are scheduled for the day.
The Dow Jones Industrial Av...
The best January since 2001
At the end of January the Nasdaq Composite stock index, consisting of shares of high-tech companies, rose by 11%, which was the best dynamics for this period since 2001.
Analysts consider several...
Construction of a new rail tunnel
The administration of U.S. President Joe Biden decided to allocate $292 million for the construction of a rail tunnel under the Hudson River between New York and New Jersey. This i...
After the close of trading on Friday
The US stock market ended Friday's trading with gains in the commodities, industrials and technology sectors.
You can read how Friday's trading opened on the stock market at GlobalNY.biz by clicking here.
The D...
Stock market on Friday
US stock indices are moving weak and mixed in early trading on Friday as investors assess US labour market data.
The number of jobs in the United States economy increased by 223,000 in December, the slowest pace since Decembe...
Stock exchanges in 2022
Global stock exchanges and bond markets have lost more than $30 trillion in 2022, the most since the global financial crisis of 2008. This was reported by the British Financia...
Competition in the digital advertising market
Alphabet and Meta have lost their edge in the digital advertising market due to growing competition from Amazon, TikTok, Microsoft and Apple. The Fi...
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