Brent crude oil price continued rising last week, even after the US coordinated another release of strategic petroleum reserves by G7 countries. It ended the week at $102.60, its highest level since September 23rd. This rebound may continue as odds that the US and Iran will escalate in October rise. Odds of US and Iran
Nu Holdings stock has pulled back sharply in recent months, falling from a high of $18.95 in January to around $13.43 today. Despite the decline, the long-term growth story remains intact, supported by the company’s expanding customer base, strong presence in Brazil, and continued push into other Latin American markets such as Mexico and Colombia.
The latest US employment data has revived an increasingly familiar description of the US labour market: low hire, low fire. It is an unusual combination. Employers are adding very few workers, but they are also not cutting existing staff at a pace typically associated with such weak hiring. The result is a labour market that
US employers added far fewer jobs than expected in September, while the unemployment rate rose to 4.2%, strengthening expectations that the Federal Reserve may leave interest rates unchanged in October. Gold prices fell as a stronger dollar and elevated Treasury yields outweighed earlier support from the weaker US jobs report. Oil prices were mixed after
US stocks ended higher on Friday after weaker-than-expected September jobs data reduced expectations for a Federal Reserve rate hike later this month. The Dow Jones Industrial Average rose 260 points, or 0.51%, while the S&P 500 gained 0.76% and the Nasdaq Composite advanced 1.19%. The Nasdaq briefly reached an all-time high during the session before
Alphabet stock GOOGL fell in trading on Thursday even after Google unveiled Gemini 4 Argon, its latest frontier artificial intelligence model, with analysts highlighting its performance across coding, cybersecurity and complex workflows. JPMorgan maintained its ‘Overweight’ rating on Alphabet following the announcement. In a note cited by TheFly, the bank said Google needs to “re-establish
The US 10-year Treasury yield surged above 5.30% on Wednesday, reaching its highest level in 24 years as resilient economic data, energy-driven inflation concerns and rising fiscal debt weighed on the bond market. The benchmark yield climbed as high as 5.31%, up 5 basis points in afternoon trading, reaching levels last seen in spring 2002.
US stocks ended lower on Tuesday as Treasury yields climbed to fresh multiyear highs, while investors assessed the outlook for interest rates ahead of key inflation and labour market data. The Dow Jones Industrial Average fell 136 points, or 0.26%, to 51,345.41. The S&P 500 declined 0.14% to 7,672.57, while the Nasdaq Composite slipped 0.08%
US stocks fell on Monday as rising oil prices and Treasury yields weighed on equities, while investors assessed uncertainty around the prospects for a US-Iran peace deal and its potential impact on Federal Reserve policy. The Dow Jones Industrial Average fell 343.78 points, or 0.66%, to 51,484.84. The S&P 500 declined 0.76% to 7,684.41, while
The crypto market was on edge over the weekend as the last rally of top altcoins being in the red. Bitcoin was stuck inside a narrow range above $84,000, while the valuation of all tokens rose to $2.89 trillion. This article looks at a forecast for some of the top tokens like Quant (QNT), Zcash