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Market Overview - Page 134


Stock futures inch higher after a broad rally on Wall Street amid vaccine approval
Stock futures inch higher after a broad rally on Wall Street amid vaccine approval.

Stock futures edged higher in early morning trading on Tuesday following a broad-based rally on news that U.S. regulators granted full approval for Pfizer-BioNTech’s Covid vaccine. Futures on the Dow Jones Industrial Average rose 84 points. S&P 500 futures and.

Three ways the victory of the Taliban might reverberate around the world
Three ways the victory of the Taliban might reverberate around the world.

The capital of Kabul fell into the hands of the ultraconservative militants more than a week ago, marking the collapse of the civilian government as the U.S. withdrew its military presence ahead of the Aug. 31 deadline. Rise in terrorismAfghanistan.

U.S. and German relations at a crossroads as Afghanistan crisis unfolds
U.S. and German relations at a crossroads as Afghanistan crisis unfolds.

After four years of tension under former President Donald Trump, the relationship between the United States and Germany was already at a crossroads. Now, experts say the ongoing crisis in Afghanistan could add fuel to the fire. The election of.

Kamala Harris says Asia won’t have to choose between the U.S. and China
Kamala Harris says Asia won’t have to choose between the U.S. and China.

Vice President Kamala Harris on Tuesday called out Beijing’s actions in the South China Sea, and sought to assure countries in Asia that they won’t have to choose between the U.S. and China. “We know that Beijing continues to coerce,.

Euro zone business activity remains robust in August as jobs boom
Euro zone business activity remains robust in August as jobs boom.

The euro zone economy lost some momentum in August but is still on track for solid growth in the third quarter of this year, according to preliminary data released Monday. IHS Markit’s flash composite PMI for the euro zone, which.

President Biden’s job approval ratings drop as Covid cases rise and crisis in Afghanistan mounts
President Biden’s job approval ratings drop as Covid cases rise and crisis in Afghanistan mounts.

President Joe Biden’s job approval ratings have taken a dive as he’s been criticized for his administration’s handling of the withdrawal of U.S. troops from Afghanistan and while Covid-19 cases surge across the country. An NBC News poll released Sunday.

Double-digit PPI may unnerve German policymakers
Double-digit PPI may unnerve German policymakers.

Germany Producer Price Index growth accelerated to 10.4% y/y in July. For the first time in the indicator’s 50-year history, the figure shows a double-digit growth. It is also notable for markets that the actual statistics are much stronger than.

UK Retail Sales plunged 2.5%, a bad surprise for BoE
UK Retail Sales plunged 2.5%, a bad surprise for BoE.

If you thought US retail sales in July were weak, declining by 1.1%, you did not see the UK figures. The fresh report showed a plunge of 2.5% last month against expected growth of 0.2%. Year-over-year growth slowed from 9.2%.

U.K. Retail Sales Fall in Signal Recovery Losing Momentum
U.K. Retail Sales Fall in Signal Recovery Losing Momentum.

U.K. retail sales fell unexpectedly at the sharpest pace since the economy was in lockdown in January, signal that a sharp recovery may be loosing momentum. The volume of goods sold in shops and online dropped 2.5% last month after.

Hong Kong stocks drop nearly 2%; China holds steady on benchmark lending rate
Hong Kong stocks drop nearly 2%; China holds steady on benchmark lending rate.

Shares in Asia-Pacific fell in Friday trade as China left its benchmark lending rate unchanged. Hong Kong’s Hang Seng index plunged 1.83% in afternoon trade, with Chinese tech shares largely continuing to see another day of heavy losses as regulatory.

Warren Buffett says these businesses do the best during periods of high inflation
Warren Buffett says these businesses do the best during periods of high inflation.

From used cars to gas to groceries, inflation continues raise the price of goods in the U.S. The consumer price index — which measures how much consumers pay for an assortment of products — jumped 5.4% last month from where.

Oil to correct to $55 by end of year
Oil to correct to $55 by end of year.

Brent crude fell to $66, at one point yesterday falling below $65, the area of the May lows, bringing the decline since the start of August to $10 or 13%. This week oil prices have fallen below last month’s local.

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