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Equity market rally enters seventh day with N3.5tn gain: The rally on the Nigerian Exchange Limited entered its seventh day on Monday, resulting in a daily gain ...
punchng.com/equity-market-rally-enters-seventh-day-with-n3-5tn-gain/
Equity market rally enters seventh day with N3.5tn gain
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Profile picture of The Punch
Equity market rally enters seventh day with N3.5tn gain: The rally on the Nigerian Exchange Limited entered its seventh day on Monday, resulting in a daily gain ...
punchng.com/equity-market-rally-enters-seventh-day-with-n3-5tn-gain/
Equity market rally enters seventh day with N3.5tn gain
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Fears about stagflation are mounting in the US. It’s every central banker’s worst nightmare
cnn.com/2024/04/25/economy/stagflation-us-economy-gdp/
Fears about stagflation are mounting in the US. It’s every central ...
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9 Stocks That Thrive When Interest Rates Are Higher: The prospect of elevated interest rates for longer has dented the broader stock market—but history shows ...
barrons.com/articles/stock-market-interest-rates-fed-0c59d125
9 Stocks That Thrive When Interest Rates Are Higher
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Gulf markets subdued on geopolitical tensions, US rate cut concerns: Most stock markets in the Gulf were subdued on Sunday amid geopolitical strife and ...
reuters.com/markets/gulf-markets-subdued-geopolitical-tensions-us-rate-cut-concerns-2024-04-21/
Gulf markets subdued on geopolitical tensions, US rate cut concerns
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Gold price approaches record high: US stock markets continue to weaken: Strong labor market figures and statements from a leading central banker reinforce US ...
n-tv.de/wirtschaft/US-Boersen-schwaecheln-weiterhin-article24884858.html
Gold price approaches record high: US stock markets continue to weaken
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Dow tumbles nearly 700 points as new inflation fears dent hopes of Fed rate cut: Stocks tumbled on Thursday, dragged down by growth stocks after dour quarterly ...
nypost.com/2024/04/25/business/dow-tumbles-nearly-700-points-as-new-inflation-fears-dent-hopes-of-fed-rate-cut/
Dow tumbles nearly 700 points as new inflation fears dent hopes of Fed ...
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Climate change, stifled mergers and other challenges facing banks and investors: Institutions and their investors are facing pressure from climate activists ...
americanbanker.com/news/climate-change-stifled-mergers-and-other-challenges-facing-banks-and-investors
Climate change, stifled mergers and other challenges facing banks and ...
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Goldman Sachs (GS) Traders Notch Windfall Delivering Surprise Profit Jump: Goldman Sachs Group Inc.’s back-to-basics approach is paying off as it posted profits ...
bloomberg.com/news/articles/2024-04-15/goldman-s-wall-street-machine-revs-up-driving-surprise-profit-surge
Goldman Sachs (GS) Traders Notch Windfall Delivering Surprise Profit Jump
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Oil price continues to fall: interest rate concerns weigh on trading on Wall Street
n-tv.de/wirtschaft/Zinssorgen-belasten-Handel-an-der-Wall-Street-article24881813.html
Oil price continues to fall: interest rate concerns weigh on trading on ...
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JPMorgan analyst sounds the alarm: Stock market ignores important development in US interest rates
finanzen.net/nachricht/aktien/34-selbstgefaelligkeit-34-jpmorgan-analyst-warnt-aktienmarkt-ignoriert-kehrtwende-bei-zinserwartungen-13411306
JPMorgan analyst sounds the alarm: Stock market ignores important ...
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Only Half of Global Interest Rate Hikes Set to Be Taken Back by End-2025: Major advanced economy central banks are likely to take back less than half of the ...
bloomberg.com/news/articles/2024-04-26/only-half-of-global-rate-hikes-set-to-be-taken-back-by-end-2025
Only Half of Global Interest Rate Hikes Set to Be Taken Back by End-2025
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Trump’s potential plan for Fed raises alarms: Former President Trump’s potential plan to exert more influence over the Federal Reserve is alarming experts and ...
thehill.com/business/4624880-trump-second-term-fed-powell-potential-plan/
Trump’s potential plan for Fed raises alarms
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JPY/USD: Why the Yen Is So Weak and What That Means for Japan: The yen continues to languish near a 34-year low against the dollar, mainly because interest rates ...
bloomberg.com/news/articles/2024-03-21/why-the-yen-is-so-weak-and-what-that-means-for-japan-quicktake
JPY/USD: Why the Yen Is So Weak and What That Means for Japan
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All the data so far is showing inflation isn't going away, and is making things tough on the Fed
cnbc.com/2024/04/26/all-the-data-shows-inflation-isnt-going-away-making-things-tough-on-fed.html
All the data so far is showing inflation isn't going away ...
Quick Glance: Rising Key Fed Inflation Measure in March
  • In March, inflation remained strong, with an important indicator closely monitored by the Federal Reserve indicating elevated price pressures.

  • The personal consumption expenditures price index excluding food and energy increased 2.8% from a year ago in March, above expectations.

  • Both the all-items PCE price gauge and the core index increased by 2.7%, higher than estimates, leading to a positive market reaction.

  • Markets reacted mildly to the data, with Wall Street set to open higher, while Treasury yields fell and the probability of rate cuts increased slightly.
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Stock Market This Week: S&P 500, Nasdaq Finish Higher: With inflation up, economic growth down and two-year Treasury yields testing 5%, Bill Gross sensed the ...
bloomberg.com/news/articles/2024-04-26/wall-street-humbled-as-rebounding-markets-weather-fed-pivot-fear
Stock Market This Week: S&P 500, Nasdaq Finish Higher
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New memo aims to give Trump a say in Fed interest rate decisions: WSJ: The Wall Street Journal reported that Trump's advisors are making a plan that would give ...
businessinsider.com/trump-interest-rate-decisions-restructure-federal-reserve-jerome-powell-wsj-2024-4
New memo aims to give Trump a say in Fed interest rate decisions: WSJ
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The 3.5 Percent Inflation Plateau: Prices have been rising faster than expected for the past three months. What’s going on?
theatlantic.com/ideas/archive/2024/04/inflation-above-fed-target/678174/
The 3.5 Percent Inflation Plateau
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Rooting for Trump to fail has made his stock shorters millions: There have been plenty of scary moments, including last week when DJT, the ex-president’s ...
pbs.org/newshour/politics/rooting-for-trump-to-fail-has-made-his-stock-shorters-millions
Rooting for Trump to fail has made his stock shorters millions
Quick Glance: Profiting from Trump's Truth Social Appears Lucrative
  • An amateur Wall Street investor group has made millions by betting against the stock price of Trump's social media company.

  • Their bets are driven by the company's poor financials rather than personal feelings towards the former president.

  • Despite paper profits of at least $200 million, they remain cautious due to the stock's volatility.

  • Buyers of Trump's stock could amplify losses for short sellers through massive purchases and a potential 'short squeeze.'
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Right-Wingers Plot to Give Trump Control Over Federal Reserve If Reelected: "Under such an approach, the chair would regularly seek Trump's views on ...
commondreams.org/news/trump-federal-reserve
Right-Wingers Plot to Give Trump Control Over Federal Reserve If Reelected
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The US economy is cooling off. Why experts say there's no need to worry yet: The economy slowed dramatically to start 2024.
abcnews.go.com/Business/us-economy-cooling-off-experts-worry/story
The US economy is cooling off. Why experts say there's no need to worry ...
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Wall Street Humbled as Fast-Reversing Markets Confound the Pros: With inflation up, economic growth down and two-year Treasury yields testing 5% ...
trib.al/deKD3cn
Wall Street Humbled as Fast-Reversing Markets Confound the Pros
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Take Five: Fed straight ahead: A U.S. Federal Reserve meeting and Apple and Amazon reporting results will keep investors' focus in the days ahead on the global ...
reuters.com/business/take-five/global-markets-themes-graphic-2024-04-26/
Take Five: Fed straight ahead
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Trump allies are drafting plans to erode the Fed's independence: WSJ: Trump allies have drafted proposals to rein in Fed independence and align the central bank ...
businessinsider.com/donald-trump-campaign-fed-independence-jerome-powell-interes-rates-politics-2024-4
Trump allies are drafting plans to erode the Fed's independence: WSJ
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Fed rates outlook: June cut on deck as job market weakens: Hiring activity could see a substantial slowdown later in the year, Citi economist Veronica Clark said ...
businessinsider.com/fed-rate-cuts-outlook-june-job-market-unemployment-economy-recession-2024-4
Fed rates outlook: June cut on deck as job market weakens
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Sterling steadies against dollar, jumps to 16-year high vs yen: Sterling steadied on Friday after rising to a two-week high against the dollar as markets awaited ...
reuters.com/markets/currencies/sterling-steadies-against-dollar-jumps-16-year-high-vs-yen-2024-04-26/
Sterling steadies against dollar, jumps to 16-year high vs yen
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Trump Allies Draw Up Plans to Blunt Fed’s Independence: Some former Trump administration officials argue that the president could help set interest rates and ...
on.wsj.com/3WdJfFi
Trump Allies Draw Up Plans to Blunt Fed’s Independence
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U.S. economy grew at 1.6% annualized rate in first quarter: By comparison, GDP increased at 3.4% annual rate in the fourth quarter of 2023.
axios.com/2024/04/25/us-economy-gdp-report-q1-2024
U.S. economy grew at 1.6% annualized rate in first quarter
Profile picture of Barron's
No Rate Cuts? No Worries. Uncle Sam Has Dough to Disburse.: The government plans to spend excess funds in coming months, and the Federal Reserve is on course to ...
on.barrons.com/44pgcRd
No Rate Cuts? No Worries. Uncle Sam Has Dough to Disburse.
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Google parent announces first-ever dividend; beats on sales, profit; shares soar: Alphabet announced its first-ever dividend on Thursday and a $70 billion stock ...
reut.rs/3UyBaJX
Google parent announces first-ever dividend; beats on sales ...
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Explainer: Charting the Fed's economic data flow: The U.S. Federal Reserve held its benchmark overnight interest rate steady in the 5.25%-5 ...
reuters.com/markets/us/charting-feds-economic-data-flow-2024-04-05/
Explainer: Charting the Fed's economic data flow
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Harley-Davidson profit falls 23% on slowing sales, shares tumble: Harley-Davidson on Thursday reported a 23% decline in first-quarter profit ...
reuters.com/business/autos-transportation/harley-davidson-quarterly-profit-falls-slow-demand-2024-04-25/
Harley-Davidson profit falls 23% on slowing sales, shares tumble
Quick Glance: Harley-Davidson Boosts Profit with New Models
  • Harley-Davidson reported a better-than-expected first-quarter profit, driven by sales of new Touring motorcycles in North America.

  • The company benefited from increased demand for the newly launched 2024 Touring models, while facing declining sales in Europe and Asia.

  • Adjusted earnings per share for the first quarter were $1.72, exceeding the average analyst expectation of $1.51 per share.

  • Revenue from motorcycles and related products decreased by about 5% to $1.48 billion in the quarter, but still surpassed estimates of $1.34 billion.
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Kering’s Shares Are Down 18%, and It’s Hitting François Pinault’s Pocket Book: Shares in Kering are down 18 percent this year, and the company's founder ...
robbreport.com/lifestyle/news/kering-future-francois-pinault-1235596657/
Kering’s Shares Are Down 18%, and It’s Hitting François Pinault’s Pocket ...
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The CEO of Jefferies Just Sold $65 Million in Shares to Buy a Yacht: Jefferies CEO Rich Handler sold $65 million worth of stock in the company to buy a yacht ...
robbreport.com/motors/marine/rich-handler-yacht-tilman-fertitta-1235594863/
The CEO of Jefferies Just Sold $65 Million in Shares to Buy a Yacht
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Hertz Global eyes worst day on record as EV rental business falters: Shares of Hertz Global slumped 24% and were on track for their sharpest one-day percentage ...
reuters.com/business/autos-transportation/hertz-global-eyes-worst-day-record-ev-rental-business-falters-2024-04-25/
Hertz Global eyes worst day on record as EV rental business falters
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Google parent Alphabet reclaims spot in $2 trillion valuation club: Alphabet breached the $2 trillion market value mark for the first time since November 2021 on ...
reuters.com/technology/google-parent-alphabet-reclaims-spot-2-trillion-valuation-club-2024-04-26/
Google parent Alphabet reclaims spot in $2 trillion valuation club
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Wall St loses over 1% amid fading rate-cut hopes: Wall Street stocks closed lower on Thursday as markets were stunned by data showing slower-than-expected U.S ...
reuters.com/markets/us/futures-falter-meta-platforms-weighs-megacaps-2024-04-25/
Wall St loses over 1% amid fading rate-cut hopes
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Inflation Past Keeps Markets Guessing on What's Next: Traders were spooked as first-quarter core inflation came in worse than expected ...
bloomberg.com/opinion/articles/2024-04-25/inflation-past-keeps-markets-guessing-on-what-s-next
Inflation Past Keeps Markets Guessing on What's Next
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Homeowners Get Good News Over Mortgage Rates: Mortgage rates are likely to come down to 6 percent by next year, Moody's Ratings experts predict.
newsweek.com/homeowners-good-news-mortgage-rates-1893775
Homeowners Get Good News Over Mortgage Rates
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Confounding US economic, inflation data cloud Fed's rate path: The Federal Reserve's latest financial stability report was good news for anyone worried that a ...
reuters.com/markets/us/confounding-us-economic-inflation-data-muddy-feds-rate-path-2024-04-25/
Confounding US economic, inflation data cloud Fed's rate path
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Building interest rates are rising again: How expensive will it be to build a house?
faz.net/aktuell/finanzen/bauzinsen-steigen-wieder-wie-teuer-wird-der-hausbau-19677969.html
Building interest rates are rising again: How expensive will it be to ...
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Mortgage demand falls again as interest rates soar past 7%: A key measure of home-purchase application fell for the third straight week as mortgage interest ...
foxbusiness.com/economy/mortgage-demand-falls-again-interest-rates-soar-past-7
Mortgage demand falls again as interest rates soar past 7%
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Anglo American rejects BHP's $39 billion takeover proposal: Anglo American rejected rival miner BHP Group's 31.1 billion pound ($39 billion) takeover proposal on ...
reuters.com/markets/commodities/bhp-shares-fall-36-after-making-39-bln-bid-rival-anglo-american-2024-04-26/
Anglo American rejects BHP's $39 billion takeover proposal
Quick Glance: BHP Proposes Acquisition to Anglo American
  • Anglo American receives BHP buyout proposal, reshaping the copper market.

  • The proposal involves BHP acquiring Anglo shares, sparking industry transactions.

  • Anglo reviews proposals after profit decline, plans demergers to reduce South Africa exposure.

  • The potential deal could make BHP the world's largest copper producer with market impacts.
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Meta shares plunge as prolonged AI spending plans unnerve investors: Meta Platforms' shares plunged 14% in premarket trading on Thursday as the social media ...
reuters.com/technology/meta-shares-plunge-16-frankfurt-after-ai-spending-revenue-forecast-2024-04-25/
Meta shares plunge as prolonged AI spending plans unnerve investors
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Google surges after buying back billions of dollars of its own stock: Alphabet, the parent company of Google, bounced back from an absolutely dreadful day for ...
cnn.com/2024/04/25/tech/google-tech-earnings-dividend/
Google surges after buying back billions of dollars of its own stock