Global financial markets in 2025 are navigating a complex landscape shaped by persistently high, or "sticky," inflation and the increasingly cautious stance of major central banks regarding interest rate adjustments. Despite initial hopes for a swift return to pre-pandemic price stability, inflation, particularly in the services sector and fueled by
At least 42 people have died following a devastating storm system that swept through much of the United States over the weekend. The powerful weather event left multiple states grappling with damage caused by dust storms, wildfires, heavy rain and tornadoes.
In this brief market report, we will take a look at the various asset classes, sectors, equity categories, ETFs, and stocks that moved the market higher, as well as the market segments that defied the trend by moving lower.
The digital insurer projected revenue to be between $655 million and $657 million this year, while analysts, on average, expect the company to post $663.4 million in revenue.
The insurance industry recently saw some strong earnings reports as some of the more prominent players surpassed estimates for earnings, revenues, or both. This led to a rally in insurance ETFs. Here is a brief look at funds that may have benefited.
Another day of losses shook up Wednesday’s stock trading session on Wall Street. All major U.S. stock indices in the red, as investors expressed concerns that the Federal Reserve is not in a rush to reduce interest rates early this year.
During midday Thursday trading in New York, U.S. stocks displayed mixed performance, with the technology sector outperforming others as investors maintained a bullish outlook on artificial intelligence, temporarily setting aside concerns about interest rates.
U.S. stocks are poised to close their seventh consecutive week of gains, marking their longest winning streak since October 2017. In Friday’s session, the S&P 500 index hovered around the flatline at 1 p.m. in New York, while the Nasdaq 100 rose by 0.4%, getting closer to retesting their all-time highs.
It’s shaping up to be a positive Thursday on Wall Street, with risk sentiment remaining robust after the Federal Reserve effectively opened the door to rate cuts in 2024.
We finally got a nice, new short-term uptrend after months in which the short-term cycle was unclear. It was important to deploy cash into stocks quickly because the PMO index has already moved close to the top of its range.
Wall Street was enjoying a bullish Thursday afternoon, propelled by AI stocks and tech giants, as investors grew increasingly optimistic about the disruptive technology.
With the advent of El Nino in 2023, the world is preparing to face the associated climatic shifts and the ripple effects they will bring to global economies. Here is a look at some sectors and ETFs that may benefit from such a scenario.
