(Bloomberg) — Wall Street investors are finally doing what analysts have been recommending all along: buying Amazon.com Inc. Most Read from Bloomberg The shares of the e-commerce and cloud computing giant rose as much as 1.2% to $187.29 on Monday, putting the stock on track to surpass its closing high of $186.57 set in July […]
Tag: Rebounds
Dow Jones Futures: Market Rebounds As Nvidia Forges Base; Elon Musk Sets Tesla Robotaxi Date
Dow Jones futures will open Sunday evening, along with S&P 500 futures and Nasdaq futures. Nvidia and several AI chip plays are working on bases. X The stock market pulled back last week, highlighted by Thursday’s downside reversal that pushed the uptrend to “under pressure.” But the major indexes rebounded Friday. A few leaders flashed […]
Japanese Stocks Fall on Yen Support, Yuan Rebounds: Markets Wrap
(Bloomberg) — Japanese stocks declined as the yen rose after the country’s top currency official warned against speculative moves in the foreign-exchange market. The yuan climbed following signs of support from Chinese authorities. Most Read from Bloomberg Tokyo’s Topix index dropped over 1% Monday after recording its biggest weekly gain in two years. South Korea’s […]
Irish manufacturing rebounds in February, PMI shows
Irish manufacturing expanded in February for only the third month in the past year and at the fastest pace since mid-2022 following a jump in output and a rebound in new orders, a survey showed on Friday. The AIB S&P Global manufacturing Purchasing Managers’ Index (PMI) for Ireland rose to 52.2 last month from 49.5 […]
Powerball for Saturday, Jan. 6, Jackpot rebounds to $35 million. Check your numbers
Someone in Michigan became a multimillionaire overnight − and on New Year’s Day! For the first drawing of 2024, someone won a very big payout at the start of the week: an estimated $842.4 million. That means the Powerball jackpot dropped back down to “only” $20 million on Wednesday. Since no one won Wednesday’s jackpot, […]
Australian PM’s Polling Rebounds as Rate Pause Eases Pressure
(Bloomberg) — Australia’s Labor government has regained its polling lead over the center-right opposition after the Reserve Bank kept interest rates unchanged earlier this month amid signs of cooling price pressures in the economy. Most Read from Bloomberg Support for Prime Minister Anthony Albanese’s Labor Party climbed to 52% on a two-party preferred basis, up […]