US stocks have dropped to their lowest levels since August, as rising geopolitical tensions and higher oil prices weigh on investor sentiment.
Amazon hit for $240bn as investors reassess AI spending
Nearly $240bn has been wiped off Amazon’s value as investors grow anxious over the eye-watering sums Wall Street is pouring into AI. Shares in the e-commerce giant plunged 10% at
Markets look to recover as Wall Street eyes bounce after sell-off
US stock indexes were set to open higher after a bruising sell-off in technology shares, though Amazon fell 7.5% in premarket trading after signalling a sharp increase in AI-related spending.
Wall Street hits record highs as Fed expected to hold rates
US stocks climbed to fresh record highs as Wall Street brushed aside concerns over a weaker dollar.
Wall Street ticks up ahead of key Supreme Court decision on tariffs
US equities edged modestly higher as investors awaited a potential ruling from the Supreme Court of the United States on the legality of tariffs imposed during the presidency of Donald
FTSE 100 Hits Record High as Rate Cut Bets and HSBC Rally Lift Markets
The FTSE 100 climbed to a record high, buoyed by rising expectations of Bank of England interest rate cuts and strong gains in HSBC shares.
FTSE 100 Lags Wall Street Rally Despite US–China Trade Optimism
The FTSE 100 rose only 0.2% on Monday, trailing gains seen in the US, where optimism over a potential US–China trade deal drove a strong rally on Wall Street.
Wall Street Edges Higher as Investors Weigh Jobs Data, Await Powell’s Speech
US stock markets moved higher in volatile trading as investors digested the latest jobs report and looked ahead to Federal Reserve Chair Jerome Powell’s speech later today.
What happened overnight – Friday 30th August 2024
Asian stocks climbed on Friday, setting the stage for a strong finish to August, while the dollar faced its worst monthly performance in nine months amid expectations that the Federal
What happened overnight – Thursday 29th August 2024
Wall Street stocks closed lower last night, as declines in major technology companies overshadowed gains elsewhere in the market.
What happened overnight – Tuesday 27th August 2024
Asian shares traded within tight ranges as Wall Street was weighed down by tech giants, shifting market attention from the Federal Reserve’s policy outlook to Nvidia Corp.’s upcoming earnings later
What happened overnight – Friday 23rd August 2024
On Wall Street, all three major U.S. stock indexes declined yesterday, with technology shares taking a hit as U.S. Treasury yields increased amid reduced recession concerns. The Dow Jones Industrial