Tesla Had Its Worst Sell-Off In A Year. What Cathie Wood Did Was No Surprise.
Cathie Wood has an investing strategy. So it’s no surprise that as Tesla (TSLA) suffered its worst percentage loss in…
Marketmind: Markets play ‘will they or won’t they’ on BOJ
A look at the day ahead in European and global markets from Wayne Cole. It’s been a subdued start to…
US labor market shows strength amid surge in payrolls gains
(Reuters) – U.S. job growth accelerated in November while the unemployment rate fell to 3.7%, signs of underlying labor market…
Futures listless as traders await payrolls data for policy cues
(Reuters) – Futures tracking the Dow and the S&P 500 indexes were largely flat on Thursday ahead of the monthly…
BAT writes down $31.5 billion from value of U.S. cigarette brands
(Reuters) -British American Tobacco said it would take a hit of around $31.5 billion as it writes down the value…
US dollar falls against most currencies as rate cut view weighs
(Reuters) – The U.S. dollar slid against most major currencies on Monday, with a measure tracking the greenback’s value on…
Deere forecasts downbeat profit as high borrowing costs pinch demand
(Reuters) – Farm equipment maker Deere (NYSE:DE) & Co forecast 2024 profit below analysts’ expectations on Wednesday as high borrowing…
Factbox-Global economy to slow down but likely avoid recession in 2024
(Reuters) -Some of the major banks in the world expect global economic growth to ease further in 2024, squeezed by…
Yen on cusp of multi-decade lows keeps markets on intervention watch
(Reuters) – The yen was under pressure on Tuesday, as traders waited for important U.S. inflation data which could either…
Swiss respond to removal from US currency manipulation list
(Reuters) – The Swiss National Bank responded on Wednesday to the U.S. Treasury removing Switzerland from its monitoring list of…