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Market Overview - Page 153


U.S. Futures Rise With Stocks as Fed Jitters Ease
U.S. Futures Rise With Stocks as Fed Jitters Ease

U.S. equity futures climbed with European stocks on Monday as markets regained a measure of calm following volatility spurred by the Federal Reserve’s surprise hawkishness. Contracts on the S&P 500 advanced after spending most of the Asia session in the.

China has administered more than 1 billion doses of its Covid-19 vaccines
China has administered more than 1 billion doses of its Covid-19 vaccines

China has administered more than a billion doses of its Covid-19 vaccines, a key milestone in the world’s largest inoculation drive. As of Saturday, 1,010,489,000 doses had been given to people in China, according to the country’s National Health Commission.

Beware of inflation ‘headwinds’: It could take a year to break even after a 10% to 20% market correction, economist Mark Zandi warns
Beware of inflation ‘headwinds’: It could take a year to break even after a 10% to 20% market correction, economist Mark Zandi warns

Moody’s Analytics Mark Zandi has a message for investors: Brace for a significant market correction. The firm’s chief economist expects a more hawkish Federal Reserve will spark a 10% to 20% pullback. And, unlike the sharp drops over the past.

Marine le Pen’s far-right party falls short in France’s regional elections
Marine le Pen’s far-right party falls short in France’s regional elections

France’s far-right political party fell short of expectations in the first round of regional elections this weekend, raising questions about how much influence it will have in next year’s presidential vote. The National Rally (RN) — formerly known as National.

Japan’s Nikkei 225 briefly plunges 4%, leading losses across major markets in Asia
Japan’s Nikkei 225 briefly plunges 4%, leading losses across major markets in Asia

Shares in Asia-Pacific dropped on Monday, as Japan’s markets plummeted. Meanwhile, China kept its benchmark lending rate unchanged. Japanese stocks led losses regionally, with the Nikkei 225 falling 4% in Monday trade. It later pared some of those losses but.

Double digits growth for Canada New Housing prices
Double digits growth for Canada New Housing prices

New house prices in Canada jumped 1.4% in May, adding 11.3% to the same month a year earlier. The month-on-month jump in prices more than doubled analysts’ expectations, pointing to an emerging inflationary spiral. Earlier this week, the Bank of.

Dollar’s triumph and impulsive Nasdaq’s jump
Dollar’s triumph and impulsive Nasdaq’s jump

A first glance at the market dynamics yesterday indicates that the bulls have directed all their strength and liquidity to buy shares of technology giants in the US. Other sectors and related markets were under a tangible sell-off. We are.

The fast-spreading delta Covid variant could have different symptoms, experts say
The fast-spreading delta Covid variant could have different symptoms, experts say

The Covid-19 delta variant originally discovered in India is now spreading around the world, becoming the dominant strain in some countries, such as the U.K., and likely to become so in others, like the U.S. On Wednesday, the World Health.

Billionaire investor David Tepper says ‘the stock market is still fine’ after Fed announcements
Billionaire investor David Tepper says ‘the stock market is still fine’ after Fed announcements

Hedge fund legend David Tepper thinks the Federal Reserve did a good job, showing that policymakers are not asleep at the wheel. The Appaloosa chief, known for bold calls and strong returns, told CNBC’s Scott Wapner on Thursday that despite.

U.K. Considers Plan to Open Foreign Travel for Vaccinated Passengers
U.K. Considers Plan to Open Foreign Travel for Vaccinated Passengers

British officials are considering plans to open up international travel for passengers who’ve been fully inoculated against Covid-19, allowing a resumption of tourism to more than 150 countries and territories including the vital U.S. market and some of the most.

Commodities from copper to corn tumble on China crackdown, rising dollar
Commodities from copper to corn tumble on China crackdown, rising dollar

The prices of commodities were falling sharply on Thursday, cutting into months of gains and weighing on equity markets, as China takes steps to cool off rising prices and the U.S. dollar strengthens. The decline in commodities was widespread, with.

Swiss National Bank chief says policy will remain expansionary despite inflation upgrade
Swiss National Bank chief says policy will remain expansionary despite inflation upgrade

The Swiss National Bank on Thursday increased its inflation and GDP forecasts but vowed to keep monetary policy ultra-loose to counter the highly valued Swiss franc. Inflation is now expected to hit 0.4% in 2021, up from a previous forecast.

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