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Relief rally for stocks as markets digest jobless claims data
NEWS INDUSTRY NEWS AUG 08, 2024
Relief rally for stocks as markets digest jobless claims data

Initial data point to still-solid labor market, boosting hopes that the Federal Reserve isn't behind the curve.

Global bonds gain as markets await US labor report
NEWS INDUSTRY NEWS AUG 08, 2024
Global bonds gain as markets await US labor report

Growing concerns of US recession have increased volatility.

US stocks belie upbeat corporate earnings season
NEWS INDUSTRY NEWS AUG 08, 2024
US stocks belie upbeat corporate earnings season

Earnings sentiment remains high among US investors.

JPMorgan says most of global carry trade now removed
NEWS INDUSTRY NEWS AUG 08, 2024
JPMorgan says most of global carry trade now removed

Year-to-date returns have been wiped out.

Cryptos gain as market calls Ripple outcome a victory over SEC
NEWS INDUSTRY NEWS AUG 08, 2024
Cryptos gain as market calls Ripple outcome a victory over SEC

Financial penalty was well below the $2B sought.

Stocks climb worldwide as Bank of Japan issues dovish signal
NEWS INDUSTRY NEWS AUG 07, 2024
Stocks climb worldwide as Bank of Japan issues dovish signal

US stock benchmarks extend their gains as the Japanese central bank offers reassurance on future rate moves.

NEWS INDUSTRY NEWS AUG 07, 2024
Market volatility to add additional pressure on Fed to ease

Policymakers are juggling several concerns in decision making.

More Americans are unlocking home equity lines of credit
NEWS INDUSTRY NEWS AUG 07, 2024
More Americans are unlocking home equity lines of credit

HELOCs are being used to pay down other debts, pay large expenses.

Hedge funds buy the dip in tech mega-caps
NEWS INDUSTRY NEWS AUG 07, 2024
Hedge funds buy the dip in tech mega-caps

Goldman Sachs data reveals change in direction for funds.

Stocks stage bullish comeback following $6.5T selloff
NEWS INDUSTRY NEWS AUG 06, 2024
Stocks stage bullish comeback following $6.5T selloff

The S&P 500 benchmark rides a wave of dip-buyers as experts reaffirm the value of "healthy" corrections.