By Florence Tan SINGAPORE (Reuters) – Oil prices fell in early Asian trade on Monday for a second straight session, weighed down by a stronger dollar after concerns of higher-for-longer interest rates resurfaced and cooled investors’ risk appetite. Brent crude futures slid 40 cents, or 0.5%, to $84.84 a barrel by 0036 GMT, after settling […]
(Bloomberg) — Just as optimism is growing among investors that a rally in US Treasuries is about to take off, one key indicator in the bond market is flashing a worrying sign for anyone thinking about piling in. Most Read from Bloomberg First, the good news. With 2024’s midway point in sight, Treasuries are on […]
hapabapa / Getty Images/iStockphoto A lot of housing markets in the United States are going up right now, but there are some that experts say are about to lose a lot of value. This could be helpful to know if you’re planning a big move or trying to find a more affordable place to live. […]
Wall Street is bracing for a triple witching, which could cause market volatility. Yahoo Finance’s Julie Hyman joins Wealth! to explain the term and what it could mean for your portfolio. Triple witching is the expiration of different types of contracts, such as stock options, stock index futures, and stock index options contracts. This occurs […]
Coming Up: PCE Inflation, GDP Revisions, Nvidia’s Shareholder Meeting, and Earnings Reports from Micron, FedEx and Nike David Paul Morris / Bloomberg / Getty Images Nvidia Chief Executive Officer Jensen Huang speaks during the chipmaker’s GPU Technology Conference in San Jose, California, on March 19, 2024. Key Takeways The Federal Reserve’s preferred measure of inflation, […]
KenWiedemann / Getty Images The housing market remains difficult for many Americans, both the buyers and the sellers. Inflation soaring rates, low inventory and home prices that continue to rise all are making the dream of homeownership hard to reach. Housing Market 2024: Home Prices Are Plummeting in 10 Formerly Overpriced Housing Markets Barbara Corcoran: […]
(Bloomberg) — Stocks edged higher as Nvidia Corp. almost erased an earlier plunge, with a pile of options expiring Friday threatening to trigger sudden price swings. Most Read from Bloomberg Wall Street is facing a quarterly episode ominously known as “triple witching” in which derivatives contracts tied to equities, index options and futures mature — […]
June’s Purchasing Managers Index (PMI) data release shows signs of economic acceleration, with a reading of 54.6 surpassing economist expectations of 53.5. JPMorgan Asset Management Global Market Strategist Jack Manley joins Catalysts to discuss his market (^DJI, ^IXIC, ^GSPC) outlook in light of this data. Manley expresses frustration with the prevailing market theme of “good […]
S&P 500, Nasdaq 100 Dip From Record Highs As Investors Take Chipmaker Profits; Energy Sector Rebounds, Yields Rise: What’s Driving Markets Thursday? After the Juneteenth holiday break, Wall Street reopened with a cautious tone, as the S&P 500 and Nasdaq 100 indices declined after hitting all-time highs around midday trading in New York. This decline […]
(Bloomberg) — Asian equities slipped as traders considered the sustainability of a tech-driven rally that’s pushed a key benchmark to a near two-year high. The offshore yuan weakened to the lowest this year. Most Read from Bloomberg Japanese and Chinese stocks led the weakness in regional equities. The MSCI Asia Pacific Index fell as much […]
Rocking his usual flare and creativity, celebrity chef, restaurateur and part-time Palm Beach County resident Guy Fieri has teamed up with Two Roads Brewing Co. to bring Flavortown Spiked drinks to the masses this summer. Using real fruit, real tea and better ingredients, these malt beverages are basically shareable versions of the chef’s favorite drink […]
Detpak, a South Australian packaging solutions company, is expanding its Eco-Products range into South East Asian and Middle Eastern markets. This move introduces the largest selection of compostable and no-added per- and polyfluoroalkyl substances (PFAS) products by the brand to these regions. The Eco-Products from the Detpak range were previously available only in Australia and […]