As retail earnings continue to disappoint, all eyes are on Nvidia as investors await their upcoming results, adding further uncertainty to the current state of US stocks. Stocks fell on Tuesday, signaling a pause in the November rally as investors awaited results from AI chipmaker Nvidia (NVDA) and the release of Federal Reserve minutes. As ...
1. Keep an eye on tech giants like Apple and Amazon, as their performance could heavily impact the overall market direction on Friday. 2. The release of key economic data, such as retail sales and industrial production numbers, could sway investor sentiment and market movement. 3. With ongoing uncertainty surrounding global trade tensions, news related ...
As Asia markets brace for a mixed open, all eyes are on the upcoming Biden-Xi meeting, with investors eagerly awaiting the potential impact on trade relations between the world’s two largest economies. UBS has highlighted several stock ideas it favors for 2024, as it forecasts massive cuts for interest rates next year. The investment bank ...
The upcoming US inflation CPI data could determine the fate of Bitcoin’s price, adding an extra layer of uncertainty for investors in the cryptocurrency market. The past week has seen Bitcoin’s price reaching heights of $38,000, marking a 7% increase in the yearly peak. With the upcoming US Inflation data looming, many are wondering how ...
“Market participants hold their breath as stocks remain steady, bracing for the impact of crucial inflation figures set to dictate the trajectory of global economies.” Morgan Stanley’s Mike Wilson predicts that the S&P 500 will end 2024 at 4500, nearly flat compared to current levels. Wilson projects earnings growth in the S&P 500 to reach ...
As markets brace for a potential government shutdown, the release of crucial inflation data takes center stage, while all eyes remain fixed on the high-stakes meeting between President Biden and China’s President Xi, setting the stage for a pivotal moment in the global economy. The week started off with a series of surprises for the ...
“Dow futures point to a cautious start as investors eye premarket movers including Boeing, Novo Nordisk, and Walmart, setting the stage for an intriguing trading session ahead.” U.S. stock markets are expected to open in the red on Monday as traders gear up for a data-heavy week. This week, all eyes will be on inflation ...
“Quiet anticipation fills the Asian markets as traders cautiously navigate lower volumes, eagerly awaiting the outcome of the highly anticipated Biden-Xi meeting, which holds the potential to shape the future of economic relations between two global powerhouses.” Shares in Asia edged lower on Monday ahead of a meeting between U.S. President Joe Biden and Chinese ...
“Will Fed Chair Powell’s testimony provide the much-needed clarity for stock traders, or will it keep them on hold, eagerly anticipating the next market move? The suspense is palpable on Wall Street as investors brace themselves for potential market-altering insights.” The stock market is experiencing some uncertainty following a recent rally, as traders eagerly await ...
As Bitcoin ETF excitement resurfaces, the price surge towards $37K hints at a potential game-changer for the cryptocurrency market. Bitcoin (BTC) experienced a surprising surge on November 9, approaching the $37,000 mark. This sudden increase caught traders off guard. Data from Cointelegraph Markets Pro and TradingView showed that BTC/USD surpassed $36,000 after the daily close, ...
