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As of the week ending August 16th, market sentiment has significantly improved. US stock indices opened lower on Friday but rallied later in the day, with both the $S&P 500 Index (.SPX.US)$ and $Nasdaq Composite Index (.IXIC.US)$ posting gains for the seventh consecutive day. They rose 3.9% and 5.2% respectively for the week, marking their best performance since October last year and ending ...
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August 5, 2024, the financial world held its breath as markets from US to Japan experienced a seismic shift. The U.S., long the bastion of economic stability, faced a sudden chill as fears of an impending recession sent stocks into a tailspin. $Dow Jones Industrial Average (.DJI.US)$, $S&P 500 Index (.SPX.US)$, and the tech-heavy $NASDAQ (NASDAQ.US)$ —all shuddered under the weight of economic uncertainty.
Meanwhile...
Meanwhile...
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Stocks closed solidly higher Tuesday, with the $Nasdaq Composite Index (.IXIC.US)$ and $Dow Jones Industrial Average (.DJI.US)$ both adding 400+ points as Wall Street liked Produce Price Index data that pointed to tame U.S. inflation that could open the door to Federal Reserve interest-rate cuts.
The Nasdaq added 407 points (2.4%) to close at 17,187.61, while the DJIA rose 408.63 ticks (1%) to 39,765.64. Meanwhile, the $S&P 500 Index (.SPX.US)$ gained 90...
The Nasdaq added 407 points (2.4%) to close at 17,187.61, while the DJIA rose 408.63 ticks (1%) to 39,765.64. Meanwhile, the $S&P 500 Index (.SPX.US)$ gained 90...
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104371487 On Paris
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Ever wonder how to make your idle money work smarter? Are you looking for ways to boost your idle funds while keeping them readily available?
You might want to get familiar with Cash Plus!
Here's a snapshot of what Cash Plus offers:
1. Daily returns: Enjoy returns of up to 3.5% p.a.*, even on non-trading days.
2. Ultra-low threshold: Dive in with as little as RM0.01 without any cap.
3. Flexible redemption: Cash out for stoc...
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104371487 On Paris
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Stocks mostly inched up Monday as Wall Street managed to slightly extend its recent rebound from the big pullback that it saw earlier this month on weak July U.S. jobs data.
The Nasdaq Composite led the upward, gaining 35.31 points (0.2%) to a 16,780.61 close. The S&P 500 likewise inched up 0.23 points (less than 0.1%) to a 5,344.39 finish, although the Dow Jones Industrial Average shed 140.53 ticks (0.4) to 39,357.01.
T...
The Nasdaq Composite led the upward, gaining 35.31 points (0.2%) to a 16,780.61 close. The S&P 500 likewise inched up 0.23 points (less than 0.1%) to a 5,344.39 finish, although the Dow Jones Industrial Average shed 140.53 ticks (0.4) to 39,357.01.
T...
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104371487 On Paris
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Good morning mooers! Here are things you need to know about today's market:
●U.S. Stock Indices Rebound Modestly from Monday's Drops
●Malaysia and EU Poised to Restart Free Trade Talks
●Malaysia's Finance Ministry Plans to Leverage GLICs' Liquidity for Economic Growth
●Stocks to watch: Genting Malaysia, Ranhill Utilities, YTL Power
-moomoo News MY
Wall Street Summary
In a late-day attempt to reco...
●U.S. Stock Indices Rebound Modestly from Monday's Drops
●Malaysia and EU Poised to Restart Free Trade Talks
●Malaysia's Finance Ministry Plans to Leverage GLICs' Liquidity for Economic Growth
●Stocks to watch: Genting Malaysia, Ranhill Utilities, YTL Power
-moomoo News MY
Wall Street Summary
In a late-day attempt to reco...
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104371487 On Paris
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We waited more than 360 days for a 2% daily pullback in the $S&P 500 Index (.SPX.US)$, and it finally happened a week ago. Last week, we saw another significant drop as volatility surged, driven by the busiest week of earnings and a Federal Reserve decision to keep rates unchanged," noted Jay Woods, Chief Global Strategist at Freedom Capital Markets.
This week is expected to be calmer, with a lighter economic cal...
This week is expected to be calmer, with a lighter economic cal...
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