Market News

Market

Tech Sector Tumble Leads to Significant Losses on Wall Street

Wall Street faced a downturn as tech stocks led to significant losses across major indices, including the Dow Jones, Nasdaq 100, and S&P 500, while the euro remained steady against...

Market

Congress Urged to Enforce Ban on Stock Trading by Lawmakers Amid Calls for Reform

California Representative Ro Khanna urges Congress to ban stock trading by lawmakers, aligning with President Joe Biden's call for reform. This comes after allegations of insider t...

Market

Surge in Oil Prices: A 1% Increase Driven by Shrinking US Inventories

Crude oil prices increased by over 1% following the EIA's report of a 4.2 million barrel decrease in US commercial crude oil inventories. The Baker Hughes rig count remained stable...

Market

Dow Jones Plummets Over 500 Points as Tech Giants Drag Market Down

The Dow Jones Industrial Average experienced a significant drop, losing over 500 points, largely due to declines in major tech companies. The Nasdaq 100 and S&P 500 also saw substa...

Market

European Markets Surge Post-Holiday, Eyes Set on the New Year

Major European stock exchanges closed higher after the holiday break, with investors beginning to focus on the new year. The DAX, Euro Stoxx 50, CAC 40, and FTSE 100 all saw gains,...

Market

Nasdaq Takes a 2% Hit Amid Disappointing US Trade Data Release

The Nasdaq 100 dropped 2% following disappointing US trade data revealing an increased trade deficit. Major indexes, including the Dow Jones and S&P 500, also saw declines, wit...

Market

US Stock Markets Dip as Trade Deficit Widens: A Closer Look

US stock markets opened lower on Friday after the trade balance report showed an increased deficit of $102.9 billion in November, affecting major indices and currency values.

Market

Global Tensions Ease: Gasoline Prices Dip After Recent Highs

Gasoline prices have recently declined after reaching a three-month high, with RON95, Biofuel E5 RON92, and diesel all seeing decreases. This change is attributed to geopolitical t...