global markets

Global markets are experiencing intense volatility, and while it seemed like a Black Monday for Wall Street was inevitable following a 13% overnight tumble of Japan’s Nikkei 225, stock indices are attempting to limit early session losses by midday trading in New York. The inflection point...

Wedbush‘s Dan Ives warns of a brutal day for U.S. markets and tech stocks, following a historic sell-off in Nikkei and the unwinding of the Yen carry trade. What Happened: On Monday, Ives took to X to express his concerns about the potential impact on U.S. markets and tech stocks due to the...

The Organisation for Economic Co-operation and Development (OECD) has just unveiled its September 2023 economic outlook, and it’s not exactly a sunshine-and-rainbows affair. The Paris-based organization paints a gloomy picture, forecasting global GDP growth to plod along at 3% in 2023 and a...

As the first half of 2023 drew to an end, the tech-heavy Nasdaq 100 Index, closely tracked by the Invesco QQQ Trust (NASDAQ:QQQ), delivered a spectacular 38.7% rise since the year’s inception until June 20, outshining all its global competitors. Not far behind, the Nikkei 225 Index revealed...

The move by Russian President Vladimir Putin to recognize two breakaway regions of Ukraine and subsequent movement of armed personnel and weapons in those areas threw the world’s markets into a state of a tizzy.  Putin’s Announcement, West’s Sanctions: Witnesses reported...

Major indices worldwide rose on Monday with President Biden’s proposed $1.9 trillion stimulus package in focus. Lawmakers from both parties are lobbying for a targeted relief bill. Futures: The Dow futures are up by 0.13%, and the S&P 500 futures are trading higher by 0.31% on...

Major indices worldwide traded in red on Friday as investors paused to book profits after the up rally ran out of steam.  Futures: The Dow futures are down by 0.70%, and the S&P 500 futures are trading lower by 0.60% on the last check Friday. WTI crude futures are down by 1.58% to $52...

Major indices worldwide traded higher on Thursday as President Joe Biden taking office on Wednesday restored investor optimism of a more significant stimulus. Futures: The Dow futures are up by 0.15%, and the S&P 500 futures are trading higher by 0.24% on the last check Thursday. WTI crude...

Major indices worldwide traded higher on Wednesday following the next U.S. Treasury secretary nominee Janet Yellen’s comments calling for a bigger stimulus package on Tuesday. Futures: The Dow futures are up by 0.11%, and the S&P 500 futures are trading higher by 1.06% on...

Major indices worldwide traded lower on Friday, following Wall Street's Thursday decline on jobless claims jumping unexpectedly. President-elect Biden unveiled his ambitious $1.9 trillion Covid-relief stimulus plan Thursday evening. The outgoing Trump administration continued to...

Major indices worldwide traded in the green on Thursday ahead of Fed Chair Jerome Powell's monetary policy outlook speech in a virtual event at 17:30. The Trump administration issued a clarification order Wednesday noting that investors have until November 2021 to sell securities in...

Major indices worldwide remained subdued on Wednesday with a downward bias. Investors remained cautious with the Trump impeachment vote in focus. The Dow futures are up by 0.08%, and the S&P 500 futures are trading higher by 0.10% on the last check Wednesday. WTI crude futures are up...

Major indices worldwide were tepid on Tuesday, except for China. Traders were cautious following Wall Street’s decline on Monday, as GOP lawmakers are considering outgoing President Donald Trump’s impeachment. The Dow futures are up by 0.24%, and the S&P 500 futures are trading...

Major indices worldwide are down on Monday as investors book profits after a strong week. Rising COVID-19 infections in Europe and mainland China also weighed on market sentiment. U.S. House Speaker Nancy Pelosi said House would vote to impeach outgoing-President Donald Trump. The Dow futures are...

Major indices worldwide are up on Friday, taking cues from Wall Street's Thursday rally. The markets cheered as U.S. Congress certified a Democrat victory, and Trump has acknowledged his loss and looks to transition to the Biden administration. The Dow futures are up by 0.39%, and the...