Market News

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Political Turmoil Sends South Korea's Kospi Plunging 2.6%

Major stock indices in the Asia-Pacific region traded mostly lower on Monday, with South Korea's Kospi dropping 2.62% amid heightened political tensions. A motion to impeach Presid...

Market

HPE's Stellar Q4 Earnings Send Stock Soaring by 11%

Hewlett Packard Enterprise Company (HPE) shares rose by over 11% on Friday after the company's fourth-quarter revenue in fiscal 2024 topped analysts' expectations, reaching $8.5 bi...

Market

Lululemon's Impressive Earnings Report Sends Stock Soaring

Lululemon Athletica Inc. saw its stock price jump following the release of its strong financial results for Q3 2024. The company reported an 8.7% increase in revenue, reaching $2.3...

Market

US Stock Markets Close Mostly Higher Amid Positive Jobs Data and Improved Consumer Confidence

Major Wall Street stock markets closed mostly higher on Friday after the United States Bureau of Labor Statistics reported that 227,000 jobs were created in November, which was sli...

Market

European Markets Rally as Investor Confidence Rises Amid Global Events

European stock markets opened higher on Monday, driven by an update on investor confidence in the Eurozone. Investors are also assessing the potential impact of recent global event...

Market

European Markets Await Key Data Amid Geopolitical Turmoil

Major European markets are expected to open mostly flat as investors await the release of the Eurozone's investor confidence survey by Sentix. Geopolitical events, including South ...

Market

Middle East Unrest Drives Oil Prices Up Over 1%

The prices of oil futures grew on Monday as traders assessed the potential consequences of the opposition forces seizing power in Syria and outsing President Bashar al-Assad. West ...

Market

South Korea to Launch Nighttime Treasury Futures Market in 2025

The South Korean government plans to open a nighttime treasury futures market starting June 2025, aiming to align with global trading hours and reduce volatility. This move follows...