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Markets on Edge After Hawkish Fed Sparks Year-End Volatility

2024-12-23 | Market Commentary

Markets on Edge After Hawkish Fed Sparks Year-End Volatility

Markets on Edge. US stock markets saw their most significant weekly decline since mid-November, triggered by the Federal Reserve’s cautious outlook on interest rate cuts for the coming year.

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2024-10-23 | Current Affairs

Goldman Sachs Lowers Indian Stocks to Neutral on Slowing Growth

Goldman Sachs Group Inc. has downgraded Indian equities to neutral from overweight, citing a slowdown in economic growth that is expected to affect corporate earnings. 

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2024-10-10 | Current Affairs

Stocks and U.S. Yields Climb After Fed Minutes

Global stocks advanced on Wednesday, accompanied by a rise in U.S. Treasury yields, after the release of the Federal Reserve’s September meeting minutes indicated more rate cuts could be on the horizon.

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2024-10-08 | Current Affairs

China Stocks Surge to Two-Year Highs After Holiday Break

Chinese stocks surged to two-year highs on Tuesday as trading resumed following a week-long holiday, driven by investor optimism over new stimulus measures aimed at supporting the economy. 

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2024-08-27 | Current Affairs

S&P 500 Falls as Nvidia Dips Ahead of Earnings

The S&P 500 closed lower on Monday, weighed down by a drop in AI giant Nvidia ahead of its highly anticipated quarterly report this week. Investors are also awaiting key inflation data for more clues on the Federal Reserve’s interest rate cut plans.

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2024-08-09 | Current Affairs

Fed Unlikely to Cut Rates Before September Despite Market Turmoil

A sharp slowdown in the U.S. job market, which has triggered days of global stock market turmoil, has also led to speculation that the Federal Reserve might not wait until its next scheduled meeting in September to cut interest rates.

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2024-08-08 | Current Affairs

Tech Shares Drop, Nasdaq Falls Amid Treasury Auction Worries

U.S. stocks closed lower on Wednesday, with the Nasdaq falling 1% due to a decline in technology shares and weak demand in a 10-year Treasury auction, which unsettled investors in a volatile trading session. 

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2024-07-24 | Current Affairs

Stocks Waver as Earnings Reports Stir Market Volatility 

Tuesday’s stock market session appeared calm on the surface, but underlying movements revealed significant volatility as key earnings reports came to the surface.

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2024-07-16 | Current Affairs

Warren Buffett’s Berkshire Hathaway Hits Record High

Berkshire Hathaway’s stock reached a new peak on Monday, signaling robust investor confidence in Warren Buffett’s stewardship.  

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2024-07-15 | Current Affairs

TSMC Second Quarter Profits Soar on AI Chip Demand

Taiwan Semiconductor Manufacturing Co (TSMC), a leader in producing advanced chips for artificial intelligence applications, is poised to announce a 30% increase in second-quarter profits this Thursday, driven by a robust demand for AI chips.