Stock Futures Plunge as Market Craves Stability amid Banking Crisis
With the collapse of SVB, many commentators have been echoing the phrase that no firm is “too big to fail.”
Indices
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European Markets Flat amid Impending Fed Chair Comments
By
Tolu Ajiboye
European markets remained flat on Tuesday as all eyes are on Jerome Powell’s imminent congressional statement.
US Stock Market Rattled as Key Inflation Gauge Ticks Higher Rate
Despite the current outlook, a major resilience play might be in the works for the US stock market in the mid to long term.
S&P 500 Sees Losses Continue amid Fed Hawkish Stance against Inflation
By
Tolu Ajiboye
The S&P 500 sustained its fourth day of losses following suggestions that the Fed could keep battling inflation aggressively.
Nasdaq Composite Leads Stock Market Losses as Rate Hike Fears Return
The slump in the Nasdaq Composite was fueled by some key stocks that recorded significant losses on Thursday.
Stocks Close Marginally Higher as Investors Ponder Retail Sales Report & Inflation Data
By
Tolu Ajiboye
Yesterday’s higher stocks close indicates that the US economy is holding up amid the Fed’s interest rate hike agenda.
Nasdaq Hits Straight Five Weeks of Rally, Largest Since November 2021
Since the beginning of 2023, the Nasdaq index is up by 15.60% in one of the major recoveries after last year’s downfall.
S&P Dow Jones to Oust Adani from Sustainability Index Following Accusations of Financial Malpractice
By
Tolu Ajiboye
The S&P Dow Jones is removing Adani from its index, further adding to the Indian conglomerate’s mounting woes.
Crypto Prices Fall Ahead of Fed Rate Hike, Here’s What to Expect
Market specialists expect a Fed rate hike of 25 basis points as the battle against inflation continues.
Nasdaq Sees Lower Close for Second Day amid Corporate Earnings Season
By
Tolu Ajiboye
The tech-heavy Nasdaq dipped 0.18% on Wednesday to close lower for the second day as corporate earnings roll on.