Weakness Seeps Into The NAS100
Weakness is starting to seep into the NAS100, with the index charting a lower peak.
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Weakness is starting to seep into the NAS100, with the index charting a lower peak.
The effects of the strike are starting to be felt, with FXCM’s US Automobiles basket starting to show signs of pressure.
The tech-heavy index treads water as Arm slides after its strong IPO and market participants turn their attention to Wednesday’s policy decision by the Fed
Since the end of July, the US 10-year real yield has been moving upwards. US data has been strong, and inflation is proving to be sticky. The thinking has shifted that rates may be higher-for-longer.
Almost 13,000 United Auto Workers (UAW) members went on strike at three American assembly facilities belonging to General Motors, Ford Motor, and Stellantis. This after the union and the automotive companies failed to come to an agreement regarding a fresh labour contract on Thursday evening.
Watch today’s US Open for insights on the dovish hike by the European Central Bank, the hottest IPO of the year by chip designer Arm and more
Citigroup is restructuring and streamlining operations under CEO Jane Fraser.
CPI inflation rose yesterday, but the index managed to look past that and is upbeat today, as markets focus to the hottest IPO of the year, as chip-designer Arm is expected to begin trading publicly today
The European Union plans to initiate an inquiry into the subsidies that China offers its electric vehicle manufacturers.
The tech giant unveiled new products on Tuesday, including the new iPhone 15 and said it is on track to ship its augmented reality headset next year
Microsoft Corporation's stock has experienced a recent period of underperformance compared to its counterparts in the technology sector. However, according to analysts from Citi Research, there are reasons to believe that Microsoft's stock is primed for a stronger showing in the coming months.
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