by Jibran Munaf | 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 Jibran Munaf | 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 Jibran Munaf | 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 Jibran Munaf | 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...
by Jibran Munaf | November 8, 2024 | Stocks & Bonds
Nvidia (NVDA) made history on Thursday, becoming the first company to surpass a market valuation of $3.6 trillion. The AI chip giant’s stock surged 2.2% following Wall Street’s rally, fueled by investor optimism after Donald Trump’s re-election, which...
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...
