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.
Russian ruble continues to decline against the dollar
The Russian ruble extended its decline today, losing a quarter of its value since August. It now takes more than 113 rubles to purchase one U.S. dollar.
Rouble Falls to Three-Month Low Following Ukraine Attack
The rouble fell to its lowest level since late May after Kyiv launched its largest incursion into Russian territory since the war began in 2022.
Traders anticipate a US rate cut in September as inflation continues to decline.
Money markets indicate that the Federal Reserve will start cutting interest rates in September, following a continued slowdown in US inflation.
Wall Street’s record-breaking rally continues as stocks edge higher
Most U.S. stocks are trending higher this afternoon, pushing Wall Street toward new records.
Barclays ends sponsorship of all Live UK Nation festivals
Barclays has withdrawn its sponsorship from all Live Nation festivals after protests led to vandalism of its branches and bands announced they would boycott the events due to the bank’s
Standard Chartered is facing new allegations of transactions linked to terrorism.
Standard Chartered PLC (LSE: STAN) has been accused of facilitating billions of dollars worth of transactions linked to US-designated terrorist organizations, including Hezbollah, Hamas, and al-Qaeda.
Nasdaq reaches 17,000 as AI boom drives growth
The Nasdaq surged past the 17,000 mark for the first time on Tuesday, driven by a record high from AI favourite Nvidia. Attention is now turning to key inflation data
US stock markets climb, despite concerns over interest rates.
Today, European and Asian stock markets experienced declines following Wall Street’s losses on Thursday, exacerbated by unexpectedly strong US data that heightened fears the Federal Reserve might not cut interest
Dow Jones hits a new record high of 40,000 this afternoon
The Dow Jones Industrial Average reached a new high of 40,000 this afternoon, marking a significant achievement for the index that monitors 30 leading American companies.
Wall Street set to climb following Apple’s earnings report
US stock markets are expected to open higher today, buoyed by Apple’s strong performance on Thursday; however, this outlook could shift with the release of the afternoon’s job statistics.
Wall Street Set for Rebound as Powell’s Comments Bolster Market Confidence
US stock markets are poised to open higher following the Federal Reserve’s decision to maintain interest rates, easing concerns about imminent hikes.