Market Movement

Oil prices continued to fall on Monday as investors weighed the potential for increased OPEC+ production in October against a sharp drop in Libyan output and ongoing weak demand from China and the United States, the world’s top two oil consumers. 

Today’s News  Recent surges in Treasury yields are unsettling stock-market gains as signs of persistent inflation drive long-term interest rates to their highest levels of the year. Treasury yields reached new highs for 2024 in the past week following the release of fresh data indicating persistent inflation.  Initially, Wall Street traders anticipated the Federal Reserve […]

Today’s News  ZTE and other Chinese telecom equipment manufacturers experienced a significant surge in shares following a joint statement by countries like the U.S., Japan, and the U.K., endorsing principles for the global development of 6G networks. ZTE’s Shenzhen-listed shares reached their daily limit, rising by 10%, while its Hong Kong shares marked an 11% […]

Today’s News The U.S. stock market saw a slight decline on Monday as investors took a pause following Thanksgiving, coinciding with the start of the holiday shopping season and Cyber Monday deals that attracted shoppers. All three key U.S. stock indexes closed marginally lower. Tom Hainlin, national investment strategist at U.S. Bank Wealth Management in […]