by Jibran Munaf | November 7, 2024 | Commodities, Retail
Commodity markets saw a widespread decline on Wednesday following Donald Trump’s U.S. presidential election win, with oil, metals, and agricultural goods all retreating as a surging U.S. dollar weighed on prices. The dollar’s one-day rise, its largest since March...
by Jibran Munaf | November 7, 2024 | Commodities, Energy
Oil prices edged higher on Thursday, reversing a post-election sell-off as markets weighed potential supply disruptions from the re-election of Donald Trump and an intensifying hurricane in the Gulf of Mexico. Brent crude oil futures rose by 26 cents (0.35%) to $75.18...
by Jibran Munaf | November 7, 2024 | Markets
U.S. stock markets soared to record levels on Wednesday, driven by investor reaction to Donald Trump’s re-election victory over Kamala Harris. A decisive win in Wisconsin confirmed Trump’s return to the White House, propelling a strong market rally as investors...
by Jibran Munaf | November 6, 2024 | Stocks & Bonds
As Americans head to the polls, the future of Trump Media & Technology Group Corp. hangs in the balance, tied closely to the political fortunes of its namesake. This moment is pivotal for the loss-making social media platform, particularly as it has mirrored the...
by Jibran Munaf | November 6, 2024 | Editorials, Markets
Historically, the stock market tends to rise after a presidential election, but investors should brace for potential short-term volatility before any upward momentum sets in. According to data from CNBC, the three major market indexes have generally recorded gains...
by Jibran Munaf | November 6, 2024 | Markets
European stocks closed with slight gains Tuesday, as global markets remained cautious ahead of the U.S. presidential election. The pan-European Stoxx 600 index rose marginally by 0.06%, with sectors showing mixed performance. Industrial Stocks Boost While Autos...
