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Stock market today: Indexes rise after retail sales boosts confidence on the consumer and the economy
Indexes rose after a surprise 1% jump in retail sales. Bond yields jumped as traders dialed back fe…
Kelly Cloonan
Indians credit card spending increases 19% YoY to Rs 1.7 trillion in July 2024
According to a report released by SBI Securities, the total expenditure by credit card users across…
ANI
Stock market today: New record highs as Nvidia surge offsets weak consumer sentiment
Stocks hit new record highs as a rally in Nvidia pulled indexes up, offsetting weak consumer confid…
Filip De Mott
Stock market closing: Sensex climbs over 1,000 points to close the week, Nifty ends the day at over 24k mark
Most broad market indices closed the day in green, with Nifty Next 50 inching up by 1.82%, Nifty 10…
Stock market today: Indexes climb as drop in jobless claims boosts investors' confidence
Indexes rose on Thursday as investors digested better-than-expected jobless claims data, which show…
Kelly Cloonan
China's luxury slump is trickling down to other consumer companies
Companies like Starbucks, Nike, and Estée Lauder have reported falling sales in China as weak consu…
Madeline Berg,Huileng Tan
Stock market today: Stocks soar as investors cheer soft PPI and brace for consumer inflation data
Stocks surged as investors were encouraged by cooler producer inflation. The Dow rose 400 points an…
Filip De Mott
India's services sector activity slips to 10-month low in Sep as new orders, international sales decline
The seasonally adjusted HSBC India Services Business Activity Index fell from 60.9 in August to 57.…
PTI
Coinbase CEO says next Congress will be the 'most pro-crypto' ever and pledges another $25 million in political funding
Coinbase's CEO is expecting the most crypto-friendly Congress yet as more candidates for federal of…
Kelly Cloonan
The economy seems to be firing on all cylinders — but a veteran JPMorgan strategy chief says one underappreciated risk could cause a serious global slowdown
The US economy looks strong, but a major risk looms. JPMorgan Asset Management's David Kelly shared…
James Faris
Why inflation isn't returning to pre-pandemic levels — and 3 trades to capitalize on an overheating economy
Steven Blitz expects inflation to creep higher as increasing debt, changing demographics, and inter…
Christine Ji
Energy markets are 'schizophrenic' amid rising geopolitical tensions and China's stimulus, energy expert says
Energy traders' attention is split between Middle East tensions and China's economic stimulus as bo…
Kelly Cloonan
'Room to go': A rally-calling professional trader shares why the S&P 500 will rocket to 6,500 by Memorial Day — and 6 investments set to soar
Stocks will stay hot for at least the next six months, a rally-calling trader says. Here are the fi…
James Faris
3 signs that investors should expect the bull market to continue for a third year in 2025
Don't be concerned about election and geopolitical volatility — strong earnings and a soft landing …
Christine Ji
Stocks are nearing a major peak and a more 'disturbed' period of weak returns is ahead for investors, CIO says
The market is flashing signs it's suffering from "invincibility syndrome," and that stocks are near…
Jennifer Sor
Here's what Wall Street money managers are doing to prepare their portfolios for their 3 biggest election concerns
Wall Street money managers highlight national debt, economic growth, and immigration as their hot-b…
Christine Ji
Luxury stocks slide as LVMH disappoints and Wall Street eyes few signs of stronger China demand despite stimulus
LVMH's commentary on demand in China was a warning for luxury brands, which have relied on Chinese …
Kelly Cloonan
A 32-year market vet shares 5 labor market indicators showing the US economy is barreling toward a recession — putting an overvalued stock market at risk for major declines
Current market-cap-to-GDP levels mean "the S&P 500 would have to fall 60% just to return to the his…
William Edwards
China is trying to give investors the one major thing missing from its economic stimulus blitz
China announced a Saturday press conference that will unveil new fiscal policy support.
Filip De Mott
Stock market today: US stocks close at all-time highs ahead of key inflation update
The Dow and the S&P 500 closed at a record high. Markets are waiting for September inflation data, …