rally
Michael Burry of “The Big Short” fame pared two of his three bets on Chinese tech stocks last quarter.He invested in Temu-owner PDD before DeepSeek’s release sparked a market rebound last month.Alibaba, Baidu, JD.com, and PDD made up 53% of Burry’s portfolio going into 2025.Michael Burry trimmed two of his…
Investing.com– The S&P 500 closed just shy of a record high Wednesday, underpinned by a Netflix-led surge in tech as well as a rally in AI stocks after President Donald Trump unveiled a major $500 billion project to boost domestic AI development. At 4:00 p.m. ET (21:00 GMT), the index…
Investing.com– U.S. stock index futures edged lower in Asian trading on Monday following last week’s strong Wall Street performance, as investors turned cautious ahead of the inauguration of President-elect Donald Trump. Stock markets will be closed on Monday for the Martin Luther King Jr. Day holiday. President-elect Trump will also…
Investing.com– Oil prices rose in Asian trade on Thursday after hitting multi-month peaks in the previous session, driven by a combination of softer U.S. inflation data, new sanctions on Russian oil, and significant drawdowns in inventories. At 20:28 ET (01:28 GMT), were 0.4% higher at $82.35 a barrel, and expiring…
By Andy Home LONDON (Reuters) – Doctor Copper has started 2025 with a spring in his step after a year when the early bull party was followed by a prolonged hangover. The London Metal Exchange three-month price has risen every day in January and is now up 4.0% from the…
Investing.com– Oil prices jumped in Asian trade on Monday, building on last week’s rally as markets reacted to the potential for significant supply disruptions following the United States’ imposition of stringent sanctions on Russian oil exports. At 20:35 ET (01:35 GMT), jumped 1.8% to $81.22 a barrel, and expiring in…
Investing.com– U.S. stock index futures were largely steady on Monday evening after a rally in the world’s largest technology stocks pushed Wall Street higher amid thin trading ahead of the Christmas holiday. The New York Stock Exchange is set to close early Tuesday for Christmas Eve, and the market is…
Investing.com — UBS strategists expect to build on its gains heading into 2025. The bullion has remained steady around $2,650/oz this week, constrained by the strength of the US dollar, rising US Treasury yields, and improved risk appetite for US equities. Gold rose 28% since the start of the year,…
Investing.com — The rally in gold prices “isn’t over just yet,” according to ING. The precious metal has enjoyed a record-breaking rally in 2024, surging 25% year-to-date driven by a combination of Federal Reserve rate cuts, increased central bank purchases, and robust safe-haven demand amid geopolitical and economic uncertainties. Analysts…
By Saqib Iqbal Ahmed NEW YORK (Reuters) – A relentless rally in U.S. stocks is showing few signs of slowing into year-end, even as rising valuations and signs of excessive speculation fuel worries that a pullback may be overdue. The notched its 57th record close of the year on Friday…