January 24, 2025
Oil prices fall as Trump urges OPEC to lower prices
Oil fell 1% after U.S. President Donald Trump urged Saudi Arabia and OPEC to bring down its cost during his address at the World Economic Forum. Uncertainty over how Trump’s proposed tariffs and energy policies would affect global economic growth and energy demand also weighed on prices. The Oil-Dollar pair corrected downwards in the last […]
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January 24, 2025
Dollar dips after Trump comments as markets eye tariffs, central banks
The dollar was modestly lower in a choppy session, after comments from U.S. President Donald Trump called for lower interest rates while providing no clarity on tariffs, and investors awaited a round of policy announcements from global central banks.
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January 23, 2025
S&P 500 hits record high with boost from Netflix results, AI investment plan
Wall Street’s indexes rose, with the benchmark S&P 500 hitting an intraday record high as investors cheered streaming video provider Netflix’s quarterly report and President Donald Trump’s private-sector artificial intelligence infrastructure investment plan.
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January 23, 2025
China unveils plan to encourage insurance funds into stock markets
China said it will guide big state insurers and commercial insurance funds to increase investments in the A-share market, in a latest move to boost its lagging stock market. Big state-owned insurance companies will be directed to raise both the size and proportion of their investments in Chinese stocks listed on the mainland and equity […]
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January 23, 2025
Netflix shares hit record as subscriber growth defies odds once again
Shares of Netflix soared to an all-time high after the streaming giant’s big bet on sports helped add a record 18.9 million subscribers in the holiday quarter, ballooning its already sizeable advantage over other players.
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January 22, 2025
Wall Street advances with focus on President Trump’s trade policy
Wall Street’s main indexes rose, with the blue-chip Dow at a more than one-month high, as investors assessed President Donald Trump’s executive orders after taking office and awaited his first move on trade policy.
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