Tag Archives: Stocks

Key points: Japan’s Nikkei share average saw a recovery on Tuesday, rising 1% to 38,482.11 as investors took advantage of lower stock prices after Monday’s sharp decline. The index had fallen 1.8% in the previous session, slipping below the psychologically important 38,000 level for the first time this month. See: Rebound expected for Nikkei225. DownloadContinue Reading

Key points:  This article is a follow-up to: Nvidia soars to record highs  Nvidia (Symbol: NVDA) has experienced a phenomenal rise in 2024, with its stock price soaring over 140% and its market capitalisation surpassing $3 trillion. This performance has positioned Nvidia as a key player in the artificial intelligence (AI) and semiconductor markets. However,Continue Reading

Key points:  The US stock market rocketed higher as the latest report from the US Federal Reserve was released, with a positive reaction to the latest inflation data. The Fed has decided to keep its benchmark interest rate steady at 5.50%, contrary to prior expectations of three rate cuts for the year, now projecting only oneContinue Reading

Key points: Japan’s Nikkei index reversed its early gains on Thursday, ending the morning session down 0.12% to 38,831.36. This shift occurred ahead of the Bank of Japan’s (BOJ) policy decision due on Friday. Earlier in the session, the Nikkei had risen nearly 1%, crossing the 39,000 mark, supported by gains in chip-related stocks. Picture:Continue Reading

Key points: South Korean shares saw a strong rise of more than 1% on Thursday, following a rally on Wall Street. This uptick came after inflation data and the Federal Reserve’s policy decision were released. Chipmakers drive KOSPI surge as U.S. markets hit record highs The benchmark KOSPI index increased by 42.76 points, or 1.55%,Continue Reading

Key points:  The Federal Reserve’s rate cut timeline has been thrown back into uncertainty after the latest US nonfarm payrolls report significantly exceeded expectations. Analysts had predicted 180,000 to 185,000 new jobs for May, but the actual figure came in at a robust 272,000, far surpassing 175,000 in April. This unexpected strength in job gainsContinue Reading

Key Points:  This article is a follow-up to: Nvidia nears Apple in market cap as AI dominance drives growth  The stock price of Nvidia (Symbol: NVDA) has been on an unstoppable ascent, recently reaching record highs and positioning itself as the second-largest US company by market capitalisation. On February 19, Nvidia surpassed Amazon (Symbol: AMZN),Continue Reading

Key points: The latest Institute for Supply Management (ISM) services report revealed a surge in US business activity, surpassing market expectations. This positive data is reflective of an increase in business activity and new orders growth, suggesting a thriving service sector. However, the report also pointed out ongoing challenges, including slower supplier deliveries and continuedContinue Reading

Key points: On Wednesday, the S&P 500 and Nasdaq indexes soared to record closing highs, spurred by technology stocks. Economic data hinting at Federal Reserve easing measures provided additional momentum to the market. Picture: Bullish bias above 5338.00 for S&P500. Download the VT Markets app. Technology stocks led the charge, with the S5INFT sector seeingContinue Reading

Key points: Japan’s Nikkei share average fell on Tuesday as profit-taking set in after Japanese equities rebounded close to the 39,000-point mark the previous day. The Nikkei declined 0.45% to 38,749.25, while the broader Topix was down 0.46% at 2785.22. Picture: Nikkei 225 seen trading at 38851.15 on the VT Markets app. Traders capture profitsContinue Reading