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By Abigail Summerville (Reuters) -The Nasdaq and closed higher on Monday, recovering some losses as investors anticipate quarterly earnings from AI leader Nvidia (NASDAQ:), and Tesla (NASDAQ:) jumped on the prospect of favorable policy changes from the incoming Trump administration. Nvidia reports third-quarter earnings on Wednesday when investors will assess…
Investing.com — The S&P500 closed higher Monday, underpinned by a big tech and Tesla-driven rally ahead of key earnings from chipmaker Nvidia (NASDAQ:) as well as comments from a series of Fed officials. At 4.00 p.m. ET (2100 GMT), the 55 points lower, or 0.1% and the index rose 0.4%, while…
Investing.com — Oil prices rose Monday as more intense fighting between Russia and Ukraine raised the possibility of a disruption to supplies, although gains have been limited by concerns about fuel demand in China and the potential of a global oil surplus next year. By 09:15 ET (14.15 GMT), the…
By Chuck Mikolajczak NEW YORK (Reuters) -A gauge of global stocks was lower for a third straight session on Thursday, after U.S. economic data indicated the labor market remains solid while progress on tamping down inflation may be waning. The Labor Department said initial claims for state unemployment benefits dropped…
By Katya Golubkova and Trixie Yap (Reuters) -Oil prices slipped in early trade on Thursday, reversing most of the previous session’s gains, weighed down by worries of higher global production amid slow demand growth, with a firmer dollar exacerbating the declines. futures fell 35 cents, or 0.5%, to $71.93 a…
Investing.com– U.S. stock index futures posted small gains Wednesday, overturning the earlier weaker tone after US consumer inflation came in as expected in October, suggesting the Federal Reserve could continue with its easing path. At 09:32 ET (14:32 GMT), the rose 40 points, or 0.1%, the index climbed 7 points,…
By Alun John and Kevin Buckland LONDON/TOKYO (Reuters) -World stocks dropped for a second successive day on Wednesday, jolted by another push higher in U.S. Treasury yields ahead of inflation data that could inform the pace of Federal Reserve policy easing. MSCI’s all country world index was last down 0.2%,…
Investing.com – U.S. stocks were higher after the close on Monday, as gains in the , and sectors led shares higher. At the close in NYSE, the added 0.69% to hit a new all time high, while the index gained 0.10%, and the index gained 0.09%. The best performers of…
By Nell Mackenzie and Kevin Buckland LONDON/TOKYO (Reuters) – European stocks rallied sharply on Monday (NASDAQ:) ahead of a busy week, while Hong Kong stocks led declines in Asia after Beijing’s latest stimulus fell short of investor expectations and bitcoin raced to another record high. European shares climbed over 1%,…
By Chuck Mikolajczak NEW YORK (Reuters) -U.S. stocks closed higher on Thursday, after the Federal Reserve announced a cut of 25 basis points (bps) in interest rates, extending a sharp rally sparked by Donald Trump’s return as U.S. president. The Fed cut interest rates by a quarter of a percentage…