Record update
Futures on the Nasdaq high-tech index hit an all-time high on Friday on the back of strong quarterly results from social media operators and in anticipation of US business activity...
Correction in the US market
After the US Federal Reserve expressed confidence in the economic recovery some time ago and signalled that a tightening of its already ultra-soft monetary policy would begin somewhat earlier than planned, US stock indice...
Friday trading
US stock indices ended Friday's trading lower on inflation concerns. The second quarter reporting season also remains in the spotlight. This week, major US banks and a number of other companies ...
Bank of America earnings
Net income of Bank of America Corp (NYSE:BAC)., one of the largest U.S. banks, increased 2.7 times in the second quarter to $8.96 billion, or $1.03 per share, from $3.28 billion, or 37 cents per share, in the same ...
Large-company stocks
US stock indices rose in trading on Wednesday, with the S&P 500 and Nasdaq Composite reaching record highs at one point in the session.
The Dow Jones Industrial Average index rose 25.00 points (0.07%) to 34602.37 points.
T...
Company stocks on the New York Stock Exchange
The US stock market ended Tuesday's trading with gains in the technology, consumer services and oil and gas sectors.
The Dow Jones was up 0.20 per cent at the close on the New York Stock Exchange, the S...
US inflation surge
Fed Chairman Jerome Powell, speaking to a House subcommittee, reiterated that the current spike in US inflation is temporary and due to last year's fall in prices. T...
US indices
The US stock market closed on Friday lower, with the Dow Jones Industrial Average suffering its biggest weekly loss since October 2020. The market was pressured by fears that the US Federal Reserve ...
Friday trading
The US stock market ended Friday's trading lower amid negative dynamics from the oil and gas, utilities and financial sectors.
By the closing bell on the New York Stock Exchange, the Dow Jones fell 1.58% to a one-month low, the S&...
Interest rate hike
At the end of the meeting, the Fed brought the timing of the interest rate hike closer to 2023 from 2024. The US central bank also raised its forecast for overall inflation to 3.4%. The stock market w...
Chinese stock market
Chinese shares ended Wednesday's trading lower, led by the materials and health care sectors, as investors were concerned about overvalued securities and the upcoming US Federal Reserve meeting results.
The Shanghai Composite i...
Nvidia and DeepMap
NVIDIA shares reacted by rising to the purchase of privately held DeepMap, which makes high-definition mapping software that will help improve Nvidia's in-car chips with machine learning technology.
Nvidia (NV...
Orphazyme's meme shares
Shares in Danish biotech company Orphazyme (CSE:ORPHA) fell immediately by 36.65% to 51 DKK at the opening of trading on Monday, 14 June on the Copenhagen Stock Exchange.
A little late...
Corporate tax
The G7 countries on Friday formally approved a global minimum corporate tax rate of 15 per cent. This means that multinational companies like Google, Facebook, Apple and others must pay this minimum tax in ...
Rising stock indices
US stock indices edged slightly higher in trading on Friday, with the S&P 500 hitting a new closing record despite data on accelerating US inflation.
US consumer prices (CPI) jumped 5 per cent in May compared with the same ...
Annual inflation
US inflation data for May showed a jump of 5% year-on-year, the highest since the summer of 2008 and worse than the 4.2% figure in April. That said, some economists be...
Japanese stocks
Japanese stock indices ended the session in negative territory on Wednesday amid profit taking in the trucking and semiconductor sectors. Investors are focusing on US inflation data as it could affect how soon the Federal Reserve wil...
G7 agreement
The G7 countries this weekend signed an agreement on a minimum global tax of 15% for large companies. It is expected to affect companies such as Google and Facebook, and make it harder to evade higher taxes through offshore co...
Inflation in the world
The Organisation for Economic Co-operation and Development (OECD), which has 36 member countries including the US, Canada, the UK and Germany, reported a rise in inflation to 3.3% in April, the fastest...
Stock market rises
The US stock market is rising on Tuesday after the US Memorial Day holiday weekend.
The Dow Jones Industrial Average index was up 157.57 points (0.46%) at 34687.02.
The Standard Poor's 500 rose 17.58 points (0.42%) to 4221.69 po...
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