Dow and Nasdaq slide as postelection rally fades. Fed remarks on inflation temper rate cut hopes, dragging US indices into negative territory this week.
Strong US data and muted expectations for US rate cuts might cap the pair’s upside.
THE PESO is expected to move sideways against the dollar this week after US Federal Reserve Chairman Jerome H. Powell said there was no need to rush the US central bank’s easing cycle. “The ...
The equity markets were flat to down all week, perhaps digesting the upturn after the election. After all, year to date, equities are up in the 20% range.
The Federal Reserve lowered its target for the Fed funds rate by another 25 basis points last week. But why should you care?
"To the person who stole my glasses. I will find you; I have contacts." Here in Cleveland, much of the mortgage talk involves ...
A gauge of global stocks was lower for a third straight session on Thursday, after U.S. economic data indicated the labor ...
Dutch chip maker ASML’s shares in the United States rose 4.9 per cent after the company said it expects global semiconductor ...
The S&P 500 (SPY) has already reached an impressive goal of hitting 6,000. Yet you can see how much shares are struggling now ...
The Canadian Dollar (CAD) backslid into new lows against the Greenback on Thursday, slipping to a fresh 54-month low and sending the USD/CAD pair to its highest prices in four and a half years. The ...
This broad retreat comes as traders reassess the likelihood of a rate cut next month. Federal Reserve Chairman Jerome ...
Overnight, global markets saw a mixed bag, with US equities mostly lower across the board. Nine of the eleven S&P 500 industry sectors experienced declines, with industrials leading the way.