March 15, 2024
Asian Daily Market Review
Asian markets fell on Friday following overnight losses on Wall Street as stronger than expected inflation data dashed investor hopes for interest rates to begin easing sooner rather than later. The U.S. producer price index showed inflation is still running hotter than expected, meaning the Federal Reserve may hold off beyond its June meeting before […]
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March 15, 2024
U.S. Daily Market Review
The S&P-500 retreated today and was on track to end the week into a lower side. Technology stocks came under pressure as inflation fears are still in the ahead of the Federal Reserve’s policy meeting next week. The Dow Jones Industrial Average lost 210 points, or 0.5%. The Nasdaq Composite fell 1%. The Nasdaq have […]
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March 15, 2024
European Daily Market Review
A European markets partly advanced today as investors reviewed U.S. inflation data. European stocks markets are in their eighth consecutive week of rallies, the longest since 2018. The markets are boosted by predictions thatby conviction that euro interest rates could tumble in the coming months. The German DAX inclined 45.28 or 0.25% from 17,987.The French […]
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March 14, 2024
Microsoft Adding To Its Generative AI Product Line
Shares of Microsoft were at the top of the Dow Industrials on Thursday, hitting a new all-time high and adding 2.4% by the close. The rally came as the company announced it will be releasing Copilot for Security, an AI tool to help businesses fight cybersecurity attacks, on April 1 this year. Gains came despite […]
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March 13, 2024
Oil Rallies On U.S. Drawdown And Attacks On Russian Refineries
Crude oil prices were up nearly 3% on Wednesday, reaching a four-month high after data showed a larger than expected drop in U.S. crude and gasoline inventories. Also spurring gains for the market was news of attacks on Russian refineries by Ukraine forces, with at least one Rosneft plant damaged. The global benchmark Brent crude […]
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March 12, 2024
Cloud Infrastructure Provider Oracle Rallies On Earnings Beat
One of the lesser talked out tech companies rallied on Tuesday, leading the market higher after reporting better than expected third fiscal quarter earnings. The stock we’re referring to is Oracle, a cloud services platform and the third largest software company in the world by revenue. Shares jumped 11.8% higher in Tuesday’s session, reaching a […]
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