US markets US equities ended mixed after fluctuating around the flatline throughout the session on Monday. The bellwether S&P 500 dropped 0.2 percent, and the blue-chip Dow Jones Industrial Average slipped 0.6 percent. However, a decline in Treasury yields provided some support to rate-sensitive growth stocks, with the tech-heavy NASDAQ closing up 0.3 percent. Investors […]
US markets US equities remained under pressure on Friday amid concerns over more interest rate hikes and an escalation in the Middle East conflict. Meanwhile, investors further digested Federal Reserve (Fed) Chair Jerome Powell’s speech a day before that US economy’s strength and tight labour markets could lead to higher-for-longer interest rates. The bellwether S&P […]
US markets US equities extended losses on Thursday. Treasury yields surged after Federal Reserve Chair Jerome Powell’s speech renewed worries that interest rates would stay higher for an extended period. Meanwhile, elevated geopolitical tensions in the Middle East, overlapping with a further jump in oil prices, still kept investors on edge. The bellwether S&P 500 […]
US markets US equities ended sharply lower amid risk-off sentiment on Wednesday. Treasury yields resumed their climb along with oil prices after a strike on a Gaza hospital dashed hopes for containing the Middle East conflict and complicated US President Joe Biden’s visit to the region. Investors also digested a slew of disappointing quarterly reports […]
US markets US equities finished mixed with little movement on Tuesday. Solid economic figures pushed Treasury yields higher, putting pressure on stock markets. The ongoing conflict in the Middle East also kept investors on edge. The bellwether S&P 500 and the blue-chip Dow Jones Industrial Average closed roughly flat, while the tech-heavy NASDAQ lost 0.3 […]
US markets US equities rebounded strongly on Monday amid the prospect of a rosier upcoming earnings season. The bellwether S&P 500 jumped 1.1 percent, the tech-heavy NASDAQ climbed 1.2 percent, and the blue-chip Dow Jones Industrial Average gained 0.9 percent. Still, investors remained vigilant of an escalation of the military conflict in the Middle East. […]
US markets US equities pared morning gains to end lower on Friday as the Middle East conflict offset upbeat quarterly earnings from major US banks. A surge in oil prices and inflation expectations also dented market sentiment. The bellwether S&P 500 lost 0.5 percent, the tech-heavy NASDAQ fell 1.2 percent, while the blue-chip Dow Jones […]
International News The volatility of U.S. stocks escalated in late trading last week. Bank stock performance was positive but was suppressed by geopolitical concerns and monetary policy expectations. The sharp rise in crude oil and gold prices drove the Cboe Fear Index VIX to once exceed the 20 mark during the day and approach high […]
The man, who is in a stable condition in hospital, has "potentially life-changing injuries" after the overnight attack in Garvagh, County Londonderry. He was shot in the arms and legs.