by finance_admin | December 1, 2024 | Markets, News, Stocks & Bonds
London Stock Exchange Reclaims Top Spot in Europe as Political Instability Hits Paris The London Stock Exchange (LSE) has reclaimed its position as Europe’s largest stock market by valuation, overtaking Paris due to recent political turmoil in France. According to...
by finance_admin | November 28, 2024 | Markets, Stocks & Bonds
Asia-Pacific markets traded predominantly higher on Thursday as investors digested South Korea’s unexpected interest rate cut alongside a subdued Wall Street session overnight. The Bank of Korea shocked markets by reducing its benchmark interest rate by 25 basis...
by finance_admin | November 16, 2024 | Markets, Stocks & Bonds
US stocks declined sharply on Friday, capping off a week of significant losses as Federal Reserve Chair Jerome Powell hinted at a more cautious approach to future interest-rate cuts. The S&P 500 (^GSPC) fell 1.3%, the Dow Jones Industrial Average (^DJI) slipped...
by finance_admin | November 15, 2024 | Stocks & Bonds
Global stock markets faced pressure on Friday following comments from U.S. Federal Reserve Chair Jerome Powell, signaling a slower pace of interest rate cuts. European and Asian markets, which had already been weak after Wall Street’s losses, struggled further, as...
by finance_admin | November 11, 2024 | Stocks & Bonds
China’s credit growth decelerated in October, falling short of expectations as lending lagged despite a notable increase in government bond issuance. This trend highlights a slower pace in overall financing activity during a traditionally subdued month for bank...
by finance_admin | November 9, 2024 | Stocks & Bonds
Tesla (TSLA) shares skyrocketed on Friday, closing at their highest level in over two years as the electric vehicle giant’s market cap surpassed $1 trillion. The stock’s rally, bolstered by optimism over CEO Elon Musk’s alliance with President-elect Donald...