Despite the continuation of the Ukraine/Russia crisis, stocks on Wall Street ended modestly higher on Friday, as the release of solid U.S. employment data underlined expectations for tighter Fed policy in the months ahead. S&P 500 Daily Chart The upbeat report sparked a rally in U.S. government bond yields, causing a closely watched part of the yield curve to invert for...
Stocks on Wall Street ended sharply lower on Friday, with the benchmark S&P 500 Index suffering its second straight weekly loss, as investors remain cautious about the ongoing conflict between Russia and Ukraine. S&P 500 Daily Chart The week ahead is expected to be another eventful one as the Federal Reserve is widely expected to raise interest...
Cybersecurity stocks have been struggling in recent months amid a general sell-off in tech shares triggered by fears surrounding the Federal Reserve’s plans to tighten monetary policy. However, the beaten-down sector has managed to stage a mild rebound. Renewed movement into the space received a major push, as Russia's opening salvo...
Key Events US futures on the Dow Jones, S&P 500, NASDAQ and Russell 2000 wobbled on Tuesday, signaling that the New York session would open lower, notwithstanding that shares in Europe began the trading day higher. Rising commodity prices benefited mining stocks, which had moved into negative territory as investors continue to monitor diplomatic efforts to...
Key Events After last week's volatile market activity, all four US futures contracts were trading in the red early Monday, though at time of publication some were fluctuating. Contracts on the Dow Jones, S&P 500, NASDAQ and Russell 2000 were lower to start the trading week with European markets slightly higher as investors continue to monitor...
Key Events On Wednesday, with traders readying themselves for the US Federal Reserve announcement during the US session, futures on the Dow Jones, S&P 500, NASDAQ and Russell 2000 point to a significant recovery when markets open in New York. European indices were also trading in the green. As well, oil rallied ahead of today's EIA inventory data. Global Financial...

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Oil prices currently relatively stable

On Tuesday morning of 18 October 2022, oil trading - according to economic correspondents - has already relatively stabilized, and after the...

‘Powerful explosions’ behind Nord Stream leaks, Danish police say

By Stine Jacobsen COPENHAGEN (Reuters) - A preliminary investigation of damages to the two Nord Stream gas pipelines in the Danish part of the Baltic...

EU countries at odds over how to tackle energy crisis

By Gabriela Baczynska and Charlotte Van Campenhout BRUSSELS (Reuters) - Croatia and Lithuania want a wholesale gas cap, Germany prefers other solutions, while Finland and...

Russian court fines Amazon 4 million roubles for failure to delete illegal content

MOSCOW (Reuters) -A Moscow court on Tuesday said it had fined Amazon.com Inc (NASDAQ:AMZN) 4 million roubles ($65,000) for failing to remove banned content...

European shares at near two-week high amid UK fiscal plan optimism

By Amruta Khandekar and Devik Jain (Reuters) -Europe's STOXX 600 rose for the fourth straight session on Tuesday, building on the previous session's rally that was driven...