Ashraf Al-Qidra, the spokesperson for the Gaza Health Ministry, located at Al Shifa Hospital, reported that within the last three days, 32 patients, including three newborns, succumbed due to a combination of issues, including the hospital’s infrastructure and power outage.
It’s been a while since a red-hot inflation report triggered wild swings in U.S. stocks, as has often been the case in 2022, but that doesn’t mean the Consumer Price Index Tuesday for October is intended to be a snooze party for the markets. Instead, some Wall Street analysts say it’s possible, even likely, that … Read more
We’re in the middle of earnings season, and it’s clear that investors who own stocks are not happy. Ever since JPMorgan Chase & Co. announced its quarterly results eleven trading days ago, the S&P 500 Index has gone down in nine of those days, with four of them seeing significant drops of more than 1%. … Read more
Amidst heightened market uncertainty with the VIX at 20 and the worst October stock performance in five years, investors are adopting a defensive approach as surveys reveal institutions reducing stock holdings and professional speculators increasing short positions, while experts debate whether the prevailing ‘slope of hope’ signifies a potential recovery or prolonged challenges ahead.
SEBI’s vigilant crackdown on unregistered financial influencers in India seeks to curb the proliferation of questionable investment advice shared on social media, with notable actions against figures like Mohammad Nasiruddin Ansari highlighting the regulator’s resolve.
The U.S. stock market experienced a turbulent week, with tech giants driving gains in the Nasdaq while the S&P 500 and Dow Jones struggled, resulting in overall losses of over 2%, and experts closely watched inflation and the Federal Reserve’s interest rate decision as they assessed the market’s performance.
On Thursday, the U.S. stock market took a nosedive, mainly because of technology and technology-related giant companies’ shares. This happened as investors tried to make sense of the mixed quarterly earnings reports and signs that the economy is holding up well, which might make the Federal Reserve maintain high interest rates for longer than expected. … Read more
In a significant move to combat soaring inflation, Turkey’s central bank raised interest rates by 5 percentage points, reaching 35%, while President Recep Tayyip Erdogan shifted towards more conventional economic policies, resulting in a shift from his previous push for lower interest rates.
Stock Futures in the United States, as well as European and Asian Stock Markets, Experience Declines. European Banks Experience Significant Declines, with Standard Chartered Dropping Up to 17%. Oil Prices Decline, While Gold Approaches Its Highest Level in Five Months.
Market Highlights: U.S. Consumer Price Data, Middle East Tensions, and Market Movements