Market News

Market

FTSE 100 Holds Steady Amid May Day Holiday Closures; Euro Zone GDP Beats Expectations

The FTSE 100 opened flat as European markets closed for May Day, with positive euro zone GDP data and bank earnings supporting market optimism despite currency dips.

Market

FTSE 100 Holds Steady in Premarket: Eyes on Earnings and Key Economic Data

The FTSE 100 remained steady in premarket trading as investors awaited a flurry of corporate earnings and economic data. Key indicators include the UK's Manufacturing PMI and mortg...

Market

Asian Markets Rally: Japan and Australia Lead Gains After BoJ Holds Rates Steady

Japanese and Australian markets advanced after the Bank of Japan kept interest rates unchanged and Australia reported a larger trade surplus. The Nikkei 225 and S&P/ASX 200 saw...

Market

Japan and Australia Markets Rise on Positive Economic Data and Anticipation of BoJ Decision

Japanese and Australian markets traded higher following positive economic reports, with investors awaiting the Bank of Japan's interest rate decision. Australia's S&P/ASX 200 a...

Market

Dow Jones Climbs 140 Points Despite Q1 GDP Decline and Slow Job Growth

US markets ended higher with the Dow Jones up by 140 points, overcoming early losses from a Q1 GDP decline and slow job growth. A late rally, driven by earnings anticipation, rever...

Market

Supermicro's Stock Plummets 20% Amid Cooling AI Demand and Rising Costs Crisis

Super Micro Computer Inc. faces a nearly 20% stock drop after slashing Q3 forecasts, citing delayed orders and higher costs. Revenue now expected between $4.5B-$4.6B, down from $5B...

Market

US Crude Oil Inventories See Significant Drop: A 2.7M Barrel Decrease Sparks Market Interest

The EIA reports a 2.7M barrel decrease in US crude oil inventories, with refinery inputs up and gasoline production down. Crude imports fell slightly, while total petroleum invento...

Market

Tech Giants' Earnings in Focus: US Futures Hold Steady Amid Anticipation

US stock futures remain flat as investors await earnings from major tech companies like Meta and Microsoft, alongside key economic indicators including GDP estimates and employment...