Bestselling personal finance book, Rich Dad Poor Dad author Robert Kiyosaki on Monday issued a warning about an imminent global financial crisis, sounding an alarm on how the economy functions. In a post on X, Kiyosaki gave the example of the collapse of hedge fund LTCM and how the Wall Street bailed it out in…
Wall Street markets in the week ahead will be guided by plenty of earnings reports, including Home Depot, Palo Alto Networks, Medtronic, Snowflake, Intuit and Workday. On the economic data front, investors will witness new and existing home sales numbers, S&P flash US services and manufacturing PMIs for May. US Federal Reserve Chair Jerome Powellâs…
US stocks declined on Thursday following mixed economic data as UnitedHealth Group dove on a report of a US criminal inquiry against it. Data showed US retail sales were near-flat in April, while wholesale inflation PCE unexpectedly dropped last month. At 09:42 a.m., the Dow Jones Industrial Average fell 128.62 points, or 0.31%, to 41,922.44,…
Wall Streetâs key indices opened higher on Wednesday as Donald Trump’s Gulf tour stoked hopes of more trade deals. At the opening bell, the Dow Jones Industrial Average rose 9.7 points, or 0.02%, to 42150.09. The S&P 500 rose 10.2 points, or 0.17%, to 5896.74â, while the Nasdaq Composite rose 64.6 points, or 0.34%, to…
US equities mostly rose on Tuesday following benign consumer price inflation data. The Consumer Price Index (CPI) fell to 2.3% in April from a year ago, down from 2.4% in March. At 10:48 AMEDT, the Dow Jones Industrial Average fell 0.36%, the S&P 500 gained 0.66%, and the Nasdaq Composite rose 1.30%. At 09:38 a.m.,…
Wall Street key stock indices opened sharply higher on Monday as the United States and China reached a deal to reduce tariffs. China and the United States announced a 90-day truce in their trade war, agreeing to cut most of their tariffs. At the opening bell, the Dow Jones Industrial Average rose 649.7 points, or…
Wall Street investors in the week ahead will have a plenty of economic data to analyse such as consumer price inflation, retail sales, and Producer Price Index. Besides economic data, the spotlight will also be on the outcome of trade talks between the United States and China, a speech by Federal Reserve chair Jerome Powell…
(Bloomberg) — A KKR & Co. debt sale shows how far Wall Street is willing to go to keep leveraged underwriting business from slipping away to private credit after periods of turmoil. After losing a âŹ1.1 billion ($1.24 billion) buyout financing assignment to direct lending rivals, banks including Jefferies Financial Group Inc. and Citigroup Inc….
Wall Street stock indices opened higher on Friday on stronger-than-expected jobs data. At 09:30 a.m. ET, the Dow Jones Industrial Average rose 414.53 points, or 1.02%, to 41,167.49, the S&P 500 gained 54.59 points, or 0.97%, to 5,658.73 and the Nasdaq Composite gained 159.60 points, or 0.87%, to 17,864.97. Source link
US stock indices moved in opposite directions on Tuesday as markets digested a trove of earnings reports amid the US-China trade war. At 10:01 AM ET, the Dow Jones Industrial Average rose 113.62 points, or 0.28%, to 40,341.21, the S&P 500 lost 4.50 points, or 0.08%, to 5,524.25 and the Nasdaq Composite lost 30.26 points,…
