On Thursday (June 6), before the U.S. stock market opened, Nvidia (NASDAQ:NVDA) rose 1.05%, achieving four consecutive increases, temporarily sitting firmly on the second throne of the U.S. market value. On the news, this Friday (June 7), Nvidia’s stock price will begin to implement a “1-for-10” stock split plan after the U.S. stock market, and […]
One of the bond market’s most watched recession indicators has been showing the possibility of a downturn for nearly two years, even though the U.S. economy has yet to contract. That’s likely to continue, according to Ralph Axel and Katie Craig, interest rate strategists at Bank of America Securities. In a report released Thursday, they
In a tense atmosphere, the global foreign exchange market is holding its breath for the US non-farm payrolls data to be released tonight Beijing time. This data not only provides the market with a direct indicator of the vitality of the US economy, but is also a key factor affecting the volatility of the global
The non-farm storm is coming! Where will the US dollar, euro and pound go? Find out! Read More »
On Friday (7th), the three major Hong Kong stock indexes turned lower during the session, and the Hang Seng Technology Index ended its four consecutive rises, with the decline widening to 1%. On the market, technology and Internet stocks led the decline, with Kuaishou (HK:1024) falling by more than 3%, Bilibili (HK:9626) falling by more
Zhitong Finance learned that on Thursday, the three major indexes rose and fell, and investors waited for Friday’s non-farm payrolls report. The European Central Bank announced its June interest rate decision, and as expected, it cut interest rates by 25 basis points, the first time since 2019. Yesterday, the Bank of Canada announced a 25
Overnight US stocks | Investors await non-farm data, three major indexes rise and fall Read More »
On Thursday (6th), the European Central Bank announced its interest rate decision, cutting interest rates for the first time since 2019. It is the second central bank among G7 member countries to cut interest rates. The Bank of Canada had already cut interest rates on Wednesday, ahead of the UK and the US. The European
On Friday (7th), the three major Hong Kong stock indexes opened higher. On the market, new car-making forces all fell, with NIO-SW (HK:9866) falling 7.65%, Li Auto-W (HK:2015) falling 2.09%, and Xpeng Motors-W (HK:9868) falling 0.31%. On the news front, NIO announced its first quarter financial report for 2024 last night, with revenue of 9.909
Investing.com – Before the market opened on Thursday (6th), U.S. stock index futures remained stagnant as the market awaited the non-farm payrolls report to be released tomorrow. Jobless claims data released earlier came in slightly stronger than expected, adding to confidence that the labor market is slowing, while weaker employment is expected to help moderate
Investing.com – The Reserve Bank of India kept interest rates unchanged on Friday, in line with expectations, but slightly raised its annual growth forecast for the Indian economy thanks to continued strong consumption. The Reserve Bank of India has kept its policy repo rate at 6.5% for the seventh consecutive time, after suggesting that the
Zhitong Finance APP learned that the US non-farm payrolls report for May will hit on Friday. Investors will use this latest employment data to judge whether the Federal Reserve will ease monetary policy. Economists surveyed by Dow Jones expect that the US non-farm payrolls will increase by 190,000 in May, a slight increase from 175,000
