Shares are mostly higher in Europe and Asia as world markets await an expected interest rate cut by the Federal Reserve ... ( read original story ...)
Stock Market News Today, 9/12/24 – Indices Rally after Key Inflation Data
EST Stock indices finished today’s trading session in the green after a fresh round of inflation data. The Nasdaq 100 (NDX), the S&P 500 (SPX), and the Dow Jones Industrial Average (DJIA) gained 0. ( read original story ...)
Live news: Bank of America hires Citi’s chief accounting officer
Bank of America has poached Citigroup’s chief accounting officer Johnbull Okpara to act in the same position. Okpara is replacing Rudolf Bless, who has been in that role at BofA for nearly a decade. ( read original story ...)
China Market Update: Hong Kong Grinds Higher, China Releases August Economic Data
Asian equities were mostly higher overnight while Mainland China was closed for the Mid-Autumn Festival. Japan, South Korea, Indonesia, and Malaysia were also closed. ( read original story ...)
The Chinese Chipmaker at the Heart of the U.S.-China Tech War
Efforts by the Beijing-backed Semiconductor Manufacturing International Corporation, or SMIC, to break through innovation barriers have landed it in a geopolitical tech battle. ( read original story ...)
Stock market today: Wall Street holds near record levels as it heads for a winning week
Recent government data have shown further progress on trimming inflation closer to the Fed's 2% goal. Inflation in the U.S. hit a four-decade high in 2022, inspiring the U.S. central bank to institute ... ( read original story ...)
Stock markets diverge before Fed as China woes weigh
European and Asian stock markets diverged Monday as investors awaited the US Federal Reserve's first interest-rate cut since 2020, while worries over the Chinese economy dragged down sentiment. ( read original story ...)