Stay on top of your trading with analyses of the latest market news.
US stocks suffered from daily losses last Friday, witnessing heavy selling pressure, and extended their weekly rout following data that showed the core PCE rose at the highest rate in six months. The annual Core PCE Price Index, which is …
This week, the markets will be watching closely as two of the most influential economic indicators – US ISM Manufacturing and Services PMI figures – are released. With these reports being used to measure the overall health of the US …
US stocks advanced higher on Thursday, regaining upside momentum, and rose in a jittery session after US indexes trimmed part of their losses ahead of the close. The impressive rebound witnessed in huge companies like Microsoft Corp. and Apple Inc has underpinned the …
US stocks declined lower on Wednesday, witnessing some selling momentum, and failed to sustain their rebound after the Federal Reserve signaled that interest rates will continue moving higher amid ongoing inflation concerns. As per the latest Federal Open Market Committee’s (FOMC) Monetary …
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