Market Focus US stock declined on Tuesday amid downbeat market sentiment, as pressures increased on the Federal Reserve to tighten monetary conditions in a faster than expected pace. The headline US Producer Price Index (PPI) released on Tuesday rose at …
Market Focus US stocks fell on Monday due to concerns about the Omicron coronavirus variant before the Federal Reserve meeting later this week. The decline was mainly concentrated in the oil and gas, consumer services and technology sectors. At the …
Market Focus US stock advanced on Friday, recovering from previous day’s slide. Market now tends to believe that the Federal Reserve won’t have to accelerate plans to tighten monetary policy after the release of a in-line inflation data. The US …
Market Focus US stock declined on Thursday, ending its three day winning streak. Investors now worried about that the restrictions to stop the spread of new Omicron variant could harm the economic recovery. A study has found that new Omicron …
Market Focus After the last two consecutive days of impressive rally, the market was relatively quiet on Wednesday. U.S. stocks have been hesitant after determining their direction in the first hour of opening. At the end of the market, the …
Market Focus US stock advanced on Tuesday, making the biggest rally in nine months amid risk-on market sentiment. Investors’ mood turned more upbeat this week as several health experts have said that Omicron symptoms appear milder, and the variant seems …
Market Focus After the White House’s chief medical adviser, Dr. Anthony Fauci, eased concerns about the severity of the new Covid-19 virus, Wall Street decided to put aside omicron’s concerns on Monday. Besides, there are reports that China is considering …
Market Focus US stock fall last Friday amid a sharp selloff witnessed in huge technology companies, extending their weekly slide. The concerns about the new Omicron variant remained, as investors worry about that an outbreak could slowdown the recovery in …
Market Focus After falling sharply for two consecutive days, the three major stock indexes finally rebounded strongly on Thursday. Main reason comes from the cyclical stocks have recovered some of their recent declines. The Dow Jones Industrial Average rose 617.75 …
Market Focus US equities underwent their worst back-to-back collapse since October 2020 as Fed Chair Jerome Powell reiterated his pivot to inflation vigilance and the omicron variant continued to spread, with the U.S. confirming its first case on Wednesday. In …
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