Benchmarks ended in the green zone on Thursday as upbeat economic reports and strong retail earnings results offset dismal data from the Euro-zone and China. Moreover, Intel’s encouraging earnings outlook helped tech shares to post solid gains. Rebound in oil prices boosted energy shares. The Dow and S&P 500 registered yet another record high.For a look at the issues currently […]
Benchmarks finished almost flat on Friday as Eurozone’s soft GDP data offset encouraging economic reports. Decline in healthcare stocks also eroded some of Friday’s gains. However, higher crude oil prices boosted energy shares. The meager gains helped the S&P 500 extend its record high. Moreover, benchmarks managed to register weekly gains for a fourth straight week.For a look at the […]
Benchmarks finished Wednesday’s choppy trading session little changed as investors weighed a series of new developments. Global regulators fines on major banks, drop in oil prices, and the U.S and China’s effort to curb carbon emissions had a negative impact on financial, energy and utility sectors, respectively. On the other hand, upbeat earnings from retailers helped the consumer discretionary sector […]
Benchmarks were little changed on Friday after reports that the U.S. nonfarm payroll employment increased at a slower pace than expected, while unemployment rate declined to a six-year low. The S&P 500 and the Dow posted marginal gains, which were enough to help them settle at record highs for the third consecutive session. On the other hand, the Nasdaq failed […]
TOKYO (AP) — Asian stock markets were lackluster Thursday after Wall Street fell and as investors looked ahead to a European Central Bank meeting and U.S. economic data.KEEPING SCORE: Japan’s Nikkei 225 was down 0.2 percent at 15,703.89 while South Korea’s Kospi added 0.2 percent to 2,055.58. Hong Kong’s Hang Seng shed 0.4 percent to 25,229.91. Markets in Southeast Asia […]
Benchmarks began September mostly in the red after a drop in crude oil prices impacted the energy sector. The day’s upbeat manufacturing data was overshadowed by the fall in crude prices. The S&P 500 lost initial gains, but was able to settle above the 2k mark.For a look at the issues currently facing the markets, make sure to read today’s […]
The EQLIM startup, which means ‘region’ or ‘territory’ in Arabic, has launched, aiming to create a subscription service for real-time data about human activity in emerging economies. The Beirut, Lebanon-based startup wants to address the lack of data about the Middle East.It will look at big data covering geopolitics, infrastructure, and commerce, as well as data cross health, environment, agriculture, […]
Benchmarks settled in the green on Friday after promising economic numbers negated overseas tensions. Encouraging economic data on consumer sentiment and Chicago-area business conditions overshadowed concerns related to the Russia-Ukraine crisis and increased terror-threat level in the United Kingdom. Friday’s gains helped the S&P 500 close at a record high. The index finished above the 2k mark for the third […]
General Electric – a literal powerhouse of a corporation involved in virtually every area of industry, has been laying the foundations of what it grandly calls the Industrial Internet for some time now.But what exactly is it? In this post I will try and give a basic overview of the ideas which they are hoping will transform industry, and how […]
LOS ANGELES (MarketWatch) — Hong Kong stocks moved between small gains and losses early Friday, while Shanghai shares nosed a little higher, with earnings results front and center in both markets. Hong Kong’s Hang Seng Index [s; HK:HSI] was down 0.1% about 5 minutes into trading, after the benchmark fell 0.7% a day earlier, while the Shanghai Composite
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