Gold extended gains as the dollar sank after the U.S. Unemployment Jobs data
On Thursday, after the U.S. unemployment data came live, it pointed toward a cooling off in the labor market. However, it helped Gold to rise […]
Category: Investing
US stocks increase as investors weigh China Covid surge.
US stocks increased on Thursday as investors sought to snap up bargains in tech stocks, looking past a rise in Covid-19 cases in China following […]
U.S. stocks drop on recession fears, Nasdaq closes at new bear market low
The Nasdaq recorded a 2022 closing low on Wednesday as investors struggled with conflicting economic data, increased COVID cases in China, and rising geopolitical tensions […]
China And Covid-19 impacted stocks and U.S Dollar
China and Covid-19 came into the limelight again. This time, they have come up with a new drama where China has denied providing the privilege […]
Wall Street tumbles on rate, recession worries, defoliated chipmaker prospects
Overview What it covers is… Primarily the NASDAQ index in the Wall Street market tumbled nearly 3% on Thursday after a new set of data […]
Stock Sell-Off Deepens as Latest US data backs Fed Stance
What Does It Cover? Hong Kong-listed tech shares led the falls, with an index of stocks in the region headed for its sixth drop in […]
How Americans can benefit from gold investments in 2023
It’s almost the time for new year and several Americans are already considering revaluations. If you’re one of them, you may want to look closely […]
Oil prices rise over $2/barrel on drawdown in U.S. crude stocks
What Does It Cover? Brent Crude is produced near the sea, so transportation costs are significantly lower. Gains capped by a snowstorm that is expected […]
Bill Gross anticipates economic deterioration as a result of interest rate hikes
The co-founder of Pacific Investment Management Co. (PIMCO), William Hunt Bill Gross, popularly known as a successful investment analyst, found agitated about incremental interest rates […]