Market News

Market

Wall Street's Mixed Close: Inflation Report and Fed's Rate Decision in Focus

Wall Street markets closed mixed as investors analyzed the latest US inflation report and anticipated the Federal Reserve's interest rate decisions. The Dow Jones Industrial Averag...

Market

US Oil Rig Count Stays Steady: What's Behind the Unchanged Numbers?

The US oil rig count remained unchanged at 482, while gas rigs increased by 103. The total number of rigs in the country stayed at 589, dropping by 34 year-over-year. Canadian rig ...

Market

European Stocks End Mixed Amid Economic Data Reports

European stock indexes closed mixed on Friday as investors assessed economic reports from the UK and Eurozone, including GDP, industrial output, and trade data.

Market

Broadcom and Costco Drive US Stock Market to New Highs

The US stock market opened higher on Friday, driven by strong performances from Broadcom Inc. and Costco Wholesale Corp., which reported significant increases in their last-quarter...

Market

2025 Oil Demand Surge Sparks 1% Price Rise

Crude oil prices rose as the IEA revised its global oil demand growth forecast, projecting a significant uptick in 2025. WTI and Brent crude saw increases of 1.16% and 1.10% respec...

Market

US Stocks Rally in Premarket on Robust Corporate Earnings

US stocks gained in premarket trading on Friday following strong corporate earnings, with the Dow rising 100 points and tech stocks leading the charge. Costco and Broadcom reported...

Market

Mixed European Markets: GDP Dips, Trade Surplus, ECB Rate Cut

European stock exchanges opened mixed on Friday, influenced by UK GDP decline and German trade surplus. The ECB cut interest rates, citing slower economic growth.

Market

ECB Rate Cut Sends European Markets Tumbling: What's Next?

European markets are expected to open lower following the ECB's recent 25 basis point rate cut, the fourth this year. Key economic data from the UK and Germany will be closely moni...