Stocks news

China Markets Fall as Protests Flare over COVID Lockdowns

China Markets Fall as Protests Flare over COVID Lockdowns

12
Stocks news
27.11.2022

China’s main stock indices and its currency opened the trading week lower on Monday, after significant protests against the country’s harsh COVID-19 restrictions shook investors.The benchmark Shanghai Composite fell 2.2% in early trading. The Shenzhe...

Wheat and Corn Prices Soar After Russia Quits Grain Deal

Wheat and Corn Prices Soar After Russia Quits Grain Deal

13
Stocks news
01.11.2022

Consumer price growth in the 19 countries that use the euro has raced to 10.7% in October from 9.9% in September. This latest data is putting pressure on the European Central Bank (ECB) to act more aggressively to tackle inflation.A key inflationary...

Asian Markets Tense Over Pelosi's Possible Taiwan Visit

Asian Markets Tense Over Pelosi's Possible Taiwan Visit

78
Stocks news
02.08.2022

Asian stock markets have been shaken by growing tensions between the US and China over US House of Representatives Speaker Nancy Pelosi’s anticipated visit to Taiwan. Markets across the region weakened on Tuesday amid expectations Pelosi wou...

Conservative Investors Hope Bond Performance Improves

Conservative Investors Hope Bond Performance Improves

82
Stocks news
28.06.2022

The first half of the year has been difficult for investors, as stocks fell, cryptocurrencies tanked, and even the supposedly less risky bond market wobbled. That bond slump is especially bad news for conservative investors, like retirees living o...

Fed Hikes Interest Rates in Biggest Jump Since 1994

Fed Hikes Interest Rates in Biggest Jump Since 1994

79
Stocks news
16.06.2022

In a widely expected move, the US Federal Reserve raised interest rates by three-quarters of a percentage point in the largest single rate hike since 1994. With this aggressive attempt to tackle scorching inflation, policymakers hope to help an ec...

10-year Treasury Yield Surges to 11-year High

10-year Treasury Yield Surges to 11-year High

78
Stocks news
15.06.2022

The 10-year US treasury bond yield surged to its highest level in 11 years, as investors mulled the likelihood of the US Federal Reserve taking even more aggressive steps to tame inflation. The yield on the all-important 10-year treasury note clim...

US Treasury Bans Americans from Buying Russian Stocks and Bonds

US Treasury Bans Americans from Buying Russian Stocks and Bonds

84
Stocks news
09.06.2022

The Biden administration has announced new trading restrictions that prohibit Americans from investing in Russian stocks and bonds. The ban is immediate and is another measure put in place by US authorities to ratchet up the financial pressure on...

Ford Announces Multi-Billion Investment to Build Electric Vehicles

Ford Announces Multi-Billion Investment to Build Electric Vehicles

98
Stocks news
03.06.2022

Ford has announced a massive $3.7 billion investment to ramp up production of electric trucks and vans, as well as a new Mustang. The investment will create 2,000 new jobs in its truck section, helping the company reach its target of 150,000 units...

Musk Tells Tesla Workers to Return to Office or Resign

Musk Tells Tesla Workers to Return to Office or Resign

113
Stocks news
02.06.2022

Companies are trying their best to balance the work from home conundrum as cases of COVID-19 diminish. Work-life balance is so important in today’s workplace, it can affect company performance.  In a recent company memo, verified by maj...

S&P 500 and Nasdaq Slide, Stoking Recession Fears

S&P 500 and Nasdaq Slide, Stoking Recession Fears

85
Stocks news
01.06.2022

The S&P 500 and the Nasdaq both entered the red in the last week as concerns that aggressive moves to control decades-high inflation might send the US economy into a recession. All three major US stock indexes have lost significant ground this...

Abercrombie & Fitch Shares Tumble after Loss

Abercrombie & Fitch Shares Tumble after Loss

98
Stocks news
25.05.2022

US fashion retailer Abercrombie & Fitch delivered a net loss of $14.8 million for its first fiscal quarter, causing a whopping share price drop of 29%. The company said that logistics and product costs were weighing down sales. The apparel ret...

McDonald's Quits Russia for Good

McDonald's Quits Russia for Good

114
Stocks news
17.05.2022

McDonald's opened its first restaurant in Moscow 30 years ago, but, after temporarily shutting down more than 800 restaurants following the invasion of Ukraine, the company has decided to exit Russia altogether. However, leaving the country will...

Bonds Getting Attention from Investors Expecting a Recession

Bonds Getting Attention from Investors Expecting a Recession

127
Stocks news
02.05.2022

US bond yields are at their highest level in years. With the US Fed aggressively raising interest rates in the face of surging inflation, cash is flowing back into bonds as investors seek insurance from a possible recession. This flight toward bon...

Samsung Profits Soar on Chip Sales

Samsung Profits Soar on Chip Sales

138
Stocks news
28.04.2022

Samsung reported strong results on Thursday, with profits for the first quarter climbing more than 50% compared to the same time a year ago. The South Korean tech giant’s solid earnings were powered by strong sales of its memory chips, which...

Elon Musk to Buy Twitter

Elon Musk to Buy Twitter

144
Stocks news
26.04.2022

Twitter’s board has unanimously agreed to accept Elon Musk’s purchase offer of around $44 billion, the company said Monday. The deal is expected to close later this year. It has led employees to question the billionaire’s plans f...