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  • Global stocks mixed as investors digest high US yields, China challenges
    • Jusoor Post staff
    • 19 August 2023 - 01:04
    Global stocks mixed as investors digest high US yields, China challenges Economy
    Global stocks mixed as investors digest high US yields, China challenges
    • 19 August 2023 - 01:04

    Global stocks saw a mixed day of trading Friday as investors contemplated the prospect that interest rates could remain higher for longer and on concerns over China's economy.Stocks on Wall Street finished largely flat as investors snapped up more at...

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  • Most Asian, European markets rally on US debt deal hope
    • Jusoor Post staff
    • 19 May 2023 - 11:38
    Most Asian, European markets rally on US debt deal hope Economy
    Most Asian, European markets rally on US debt deal hope
    • 19 May 2023 - 11:38

    Most markets built on a global rally Friday as traders grow increasingly hopeful that US lawmakers will hammer out a deal to lift the debt ceiling and avert a calamitous default.But the regional mood was tempered by losses in Hong Kong and Shanghai f...

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  • Stock markets down as traders weigh inflation, rate hikes
    • Jusoor Post staff
    • 12 May 2023 - 11:15
    Stock markets down as traders weigh inflation, rate hikes Economy
    Stock markets down as traders weigh inflation, rate hikes
    • 12 May 2023 - 11:15

    Major stock markets dropped on Thursday as investors assessed fresh US inflation data, the financial health of a regional bank and another UK interest rate hike.Wall Street's main indices ended the day mostly lower, as regional lenders again came und...

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  • Global stocks mixed after weak US retail sales data
    • Jusoor Post staff
    • 15 April 2023 - 11:02
    Global stocks mixed after weak US retail sales data Economy
    Global stocks mixed after weak US retail sales data
    • 15 April 2023 - 11:02

    Wall Street stocks retreated Friday following a positive session on European bourses, as disappointing US retail sales data offset a lift from better-than-expected bank earnings.Retail sales fell by a surprisingly big one percent in March, extending...

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  • Stocks rally, dollar dips further on easing rate expectations
    • Jusoor Post staff
    • 14 April 2023 - 11:12
    Stocks rally, dollar dips further on easing rate expectations Economy
    Stocks rally, dollar dips further on easing rate expectations
    • 14 April 2023 - 11:12

    Equity markets rallied and the dollar dipped further Friday after fresh data showing continued slowing of inflation, fanning hopes that the Federal Reserve was nearing the end of its long-running campaign of interest rate hikes.The surprise on-month...

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  • Stocks slide as traders eye higher-for-longer rates
    • Jusoor Post staff
    • 18 February 2023 - 10:43
    Stocks slide as traders eye higher-for-longer rates Economy
    Stocks slide as traders eye higher-for-longer rates
    • 18 February 2023 - 10:43

    Global stocks mostly fell Friday to conclude a lackluster week as markets grappled with fresh inflation data that raised worries of further central bank tightening.After a down day on European and Asian equity bourses, US stocks also opened lower in...

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  • Stocks extend losses on recession fears
    • Jusoor Post staff
    • 17 September 2022 - 01:26
    Stocks extend losses on recession fears Economy
    Stocks extend losses on recession fears
    • 17 September 2022 - 01:26

    Stock markets fell further on Friday as weak UK retail sales data and a dire warning from global shipping giant FedEx fueled fears of recession.Equities were already struggling this week after data showed US inflation slowed but not as much as expect...

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  • Stocks and oil prices rally, as dollar drops
    • Jusoor Post staff
    • 09 September 2022 - 02:16
    Stocks and oil prices rally, as dollar drops Economy
    Stocks and oil prices rally, as dollar drops
    • 09 September 2022 - 02:16

    Stock markets and oil prices rallied Friday, with investors largely pricing in more interest rate hikes aimed at taming runaway inflation.The dollar slid one percent versus the pound and euro after recent hefty gains.London's stock market jumped more...

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  • Tokyo stocks close higher
    • Jusoor Post staff
    • 21 June 2022 - 12:46
    Tokyo stocks close higher Economy
    Tokyo stocks close higher
    • 21 June 2022 - 12:46

    Tokyo shares closed higher Tuesday, rebounding sharply after investors were cheered in part by a surge in US stock futures.The benchmark Nikkei 225 index rose 1.84 percent, or 475.09 points, to end at 26,246.31 while the broader Topix index added 2.0...

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  • Stocks mixed as traders assess recession risk
    • Jusoor Post staff
    • 08 June 2022 - 04:31
    Stocks mixed as traders assess recession risk Economy
    Stocks mixed as traders assess recession risk
    • 08 June 2022 - 04:31

    Stock markets diverged Wednesday as investors weighed recession prospects and inflation around the world hit the highest levels in decades.The yen hit fresh multi-year lows against the dollar and euro with the Bank of Japan refusing to raise interest...

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