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US stock markets directionlessUS equity markets drifted lower overnight, as US Retail Sales disappointed. That was enough of an excuse for investors to bank some recent gains in equity and energy...
The Moderna (NASDAQ:MRNA) vaccine news lifted Wall Street overnight, with the S&P 500 rising 1.17%, the NASDAQ rising 0.80%, and the cyclical-heavy Dow Jones jumping 1.62%. In Asia though, the...
After taking a severe blow since the COVID-19 outbreak in March, big oil stocks are showing some signs of life.The Vanguard Energy Index Fund ETF (NYSE:VDE)—whose top 10 holdings include Exxon...
Asian equities sharply higher on MondayThe signing of the RCEP trade agreement, robust regional GDP data, and a firm finish to Wall Street on Friday have all combined to lift Asian stocks sharply...
Asian stock markets in calm watersAsian equities are drifting today, content to follow Wall Street’s positive session. The overnight session was notable for gains in the Nasdaq, which rose 2.01%...
Asian equities see rotation trade profit-takingThe overnight session in New York saw a sense of calm return after the feeding frenzy of the day before. The technology work from home sectors remained...
Asian equities take their cue from higher US marketsAsian equity markets are set for a healthy day today after the great rotation trade sweep European and American stock markets overnight. Nowhere was...
Biden win boosts equity marketsEquity markets are on fire today following the US elections being called for Joe Biden. Mr Biden is perceived as being more friendly for trade, and with the...
US equity markets jump, Asia also higherThe blue wave buy everything trade’s momentum continued overnight. Following a strong showing by Asia yesterday, European and American markets piled into...
With the US 2020 election results still being counted, Wall Street analysts continue trying to determine which stocks will perform better, depending on which party controls the White House and the...
US Manufacturing PMI sends US and Asia markets higherThe impressive outperformance by the US Manufacturing PMI overnight, rising to 59.3, lifted pre-election spirits on Wall Street. The data was all...
Apple's (NASDAQ:AAPL) stock is having a rough ride these days. Shares of the iconic iPhone maker are down about 20% from their peak, having closed yesterday at $108.77. The stock reached a 52-week...
The stock market generally moves up or down based on investor expectations about the future. October's market performance, during which the major indices endured their worst weekly losses since...
IBM's (NYSE:IBM) corporate results met expectations, yet its stock fell as the company reported the third straight quarterly declines and failed to provide guidance—the same lack of information...
Reports Q1, 2021 results on Tuesday, Oct. 27, after the market close Revenue Expectation: $35.76 billion EPS Expectation: $1.54 It’s hard to find anything wrong with the business of tech giant...