The S&P 500 SPX index, +1.47% finally broke through the major resistance at 4100. If the break holds today then it will be valid. Additionally, SPX is now clearly above its declining 200-day moving average, and it has been above the downtrend line that has defined the US bear market for over a year. This …
The S&P 500 is showing signs that the bear market may finally be over Read More »
A “meltdown” in tech stocks put the Nasdaq-100 index on course to break out of bear market territory on Thursday. The NDX index, +2.94%, heavily weighted towards megacap names, rose 2.9% to 12,727 on Thursday afternoon and traded as high as 12,880.98. A close at 12,815.21 or above would mark a 20% rise from its …
Tech stock meltdown puts the Nasdaq-100 on the verge of breaking out of the bear market Read More »
On this week’s episode of Market Talks, Cointelegraph hosts Budd White, Chief Product Officer and Co-Founder of Tacen – a US-based software company developing compliance software for a well-regulated crypto space. To begin, we get to know White better and learn about his background and what drew him to space. We also find out what …
Why are Bitcoin and crypto pumping after the Fed meeting? Watch Market Talks live Read More »
Even for the safest debt, last year’s bond market was unforgettable, but opportunities are emerging now that investor confidence is at an all-time high to start the year. This is again fueling investor interest in riskier debt, including emerging markets (EM). A strong dollar for much of 2022, higher interest rates and rising global inflation …
Investors soak up emerging market bonds in early 2023 Read More »
Could a recession be positive for the markets? Photo credit: Shutterstock December was difficult for the markets, but they rebounded to start the year. In January, all US indices posted gains, with international markets doing even better and bond markets rebounding strongly. All in all, it was a good start to 2023 after a very …
NEW YORK, Feb 2 (Reuters) – The euro fell against the dollar on Thursday after the European Central Bank (ECB) raised interest rates by a widely expected 50 basis points and offered no further hawkish surprises. , while the Bank of England (BofE) adopted a more dovish tone on inflation. The ECB forecast at least …
Euro plunges as ECB responds to market expectations Read More »
Illustration: Aida Amer/Axios Emerging market debt and equities have rallied in recent months. The main driver? China. Why is this important: It’s another example of how the world’s second-largest economy is setting the tone for the rest of the world – or at least that’s what investors are betting on. China’s reopening after punitive COVID-related …
Fruit Logistica’s latest European statistics manual has been published and can be downloaded from the event website. This handbook highlights the impact of inflation, weather events and rising production costs on the fruit and vegetable market. Divided between the countries and regions of Europe, it presents a variety of detailed data that illustrates the statistical …
Fruit Logistica publishes the latest European market figures Read More »
Goldman Sachs Analysts recently released a report that predicted a 2008-style housing correction for parts of the United States that experienced outsized house price appreciation that was not accompanied by similar wage growth. The investment bank’s report lists San Diego, Phoenix, San Jose and Austin as the four metro areas most likely to experience a …
Home Prices May Crash in One of 4 US Home Markets, But I’m Not Worried | The motley fool Read More »
U.S. stock futures were pointing to a stronger start on Thursday, buoyed by upbeat results from Meta Platforms, Facebook’s parent company, as well as the brilliance of Federal Reserve Chairman Jerome Powell’s press conference. What is happening Futures contracts Dow Jones Industrial Average YM00, -0.08% fell 45 points, or 0.1%, to 34103. S&P 500 ES00 …
