European Stock Markets, Oil Prices Retreat
European stock markets fell Monday as data showed Germany's economy shrank last year, while oil prices cooled despite fresh US-UK strikes on Huthi targets in Yemen.
US Stocks Shrug Off Inflation Data, Nikkei Ends At Peak Since 1990
Wall Street stocks largely shrugged off a disappointing US inflation report Thursday, while Japan's Nikkei finished above 35,000 for the first time since 1990.
Stock Markets Hesitant Ahead Of Inflation Data, Earnings
Global stock markets drifted on Wednesday, the eve of the release of key US inflation data and the start of the latest earnings season.
US Stocks Mostly Fall As Tokyo Hits 33-year High
US and European stocks markets mostly retreated Tuesday as a rebound at the start of the week lost steam amid investor worries about the growth outlook.
Oil Prices Slump But Stock Markets Mostly Higher
Oil prices on Monday slumped following a sharp price cut by Saudi Aramco while Wall Street stocks rocketed higher, rebounding after a sluggish start to 2024.
Asian Markets Extend New Year Retreat After Fed Minutes
Asian markets continued their disappointing start to the year Thursday, tracking another loss on Wall Street after minutes from the Federal Reserve's December meeting dampened hopes for an early interest rate cut.
Oil Prices Jump, Stocks Slump After Iran Blasts
Global markets were rattled Wednesday as blasts in Iran that killed at least 103 fanned fears of the war between Israel and Hamas spreading further.
New Year Gets Off To A Weak Start As Traders Eye Rate Cuts
Asian markets slipped Tuesday as most traders returned from the New Year break looking forward to a 2024 that is expected to see a series of Federal Reserve interest rate cuts, but to also be full of economic and political uncertainty.
Asian Stocks Open Year's Last Trading Day Cautiously
Asian stocks opened cautiously on Friday, largely continuing an end-of-year rally that has been boosted by investors' expectations of a US Federal Reserve rate cut as early as March.
Stock Markets Mixed As Trading Year Nears End
Global stocks were mixed Thursday on the penultimate trading day of 2023, while oil prices fell on easing worries about shipping disruptions in the Red Sea.
Global Stocks Rise After Holiday Break As Oil Prices Retreat
Global stocks mostly rose Wednesday as several more major markets returned from the Christmas holiday break as investors remained broadly optimistic in light of easing pressure from central banks.
US Stocks Resume Upward Climb As Oil Dips On Angola OPEC Exit
Wall Street stocks resumed their upward climb on Thursday following a brief pullback while oil prices declined after Angola quit the OPEC oil cartel.
Asian Markets Track Another Wall St Record On Rate Hopes
Asian stocks rallied Wednesday, following another record performance on Wall Street as traders continue to bet on the US Federal Reserve slashing interest rates several times next year.
US Stocks Build On Year-end Rally After Steel Merger, Rate Cut Talks
Stocks on Wall Street finished the day mostly higher Monday as traders reacted to news of a large steel acquisition and both caution and optimism from a number of senior US Federal Reserve officials about interest rates.
Dow Tops 37,000 As Dollar Tumbles On 'Dovish' Fed Decision
The Dow rallied to an all-time record Wednesday while the dollar tumbled after the Federal Reserve signaled it expects interest rate cuts in 2024.
Revolutionary UK Power Grid Expansion Secures £1.8 Billion Contracts
National Grid and Scottish Power are set to commence the construction of a £2.5 billion high-voltage power line along the east coast, stretching from East Lothian to County Durham, starting in 2025.
US Stocks Shrug Off Mixed Inflation Data, Extending Rally
US stocks finished solidly higher Tuesday, shaking off early weakness on continued bullish sentiment as a mixed inflation report contributed to a drop in oil prices.
US Stocks Extend Rally, Yen Retreats Against Dollar
Wall Street stocks rose Monday ahead of a deluge of key economic news, extending a rally while the yen retreated from a recent advance.
US Oil Prices Slide Below $70 A Barrel; Mixed Day For Global Stocks
US oil prices finished below $70 a barrel for the first time since July on Wednesday on a mixed day for global equities, as traders pondered hopes for interest rate cuts from the European Central Bank and the US Federal Reserve.
Global Stocks Mixed As US Crude Prices Slips To Five-month Low
Global stocks were mixed Tuesday as investors digested data suggesting a slowing US labor market, while US crude prices sank to a five-month low amid lingering concerns about demand.
Gold Hits Record High As Equities Weaken
Gold hit a record high on Monday as growing optimism that the Federal Reserve will cut US interest rates in the new year has dented the dollar in recent weeks.
Falling Inflation Gives Equities A Boost
Data showing lower inflation in the United States and Europe lifted stocks Thursday, with the dollar advancing as traders bet on faster ECB interest rate cuts following the surprisingly big drop in European prices.
Global Stocks Mixed As OECD Warns Of Middle East Conflict Risk
Oil prices rose again Wednesday following a report of possible additional output cuts by exporters as the OECD pared back its global growth forecast and warned of an economic hit from the Israel-Hamas conflict.
Oil Prices Rebound On Mixed Day For US Stocks
Wall Street stocks rebounded Tuesday behind solid retail data and reassuring comments from Federal Reserve officials, while oil prices rose and the dollar slid.
British FTSE Companies Exposed For Lack Of Female CEOs
Across 350 British companies listed in the Financial Times Stock Exchange, just one in five boasted a female CEO.
Asian Markets Ease As US Inflation Comes Into View
Asian markets dipped Monday as investors look ahead to the release this week of key US inflation data that could provide a guide for the Federal Reserve's plans for interest rates going into the new year.
Oil Prices Drop Further After OPEC+ Delay
Oil prices sank further Thursday after the shock decision by OPEC+ to delay a key policy meeting, suggesting fresh discord in the bloc.
Kingfisher Faces Profit Woes Amid French Market Struggles as UK Flourishes on 'Improve Not Move' Trend
The company's stock saw a sharp decline of six per cent, marking it as the top faller on the FTSE 100. The underlying issue, as Kingfisher explained, stemmed from ongoing weaknesses in their French market.
Global Stocks Retreat As Rally Shows Sign Of Fatigue
Global stock markets gave up some recent gains Tuesday following mixed results from retailers as Wall Street digested Federal Reserve minutes that suggested interest rates could stay high for a while.
Nasdaq Leads As US Stocks Extend Rally While Treasury Yields Fall
Wall Street stocks extended a heady run Monday, with tech shares leading the advance as US Treasury yields retreated and artificial intelligence stayed a hot commodity.