The automaker has lost 69% of its stock market value since the start of the year and 44% in December alone. Elon Musk is a regular on Twitter. While the price of his company Tesla has been falling sharply for a few months, a message posted by the billionaire on Tuesday on the social network … Read more
The automaker has lost 69% of its stock market value since the start of the year and 44% in December alone. Elon Musk is a regular on Twitter. While the price of his company Tesla has been falling sharply for a few months, a message posted by the billionaire on Tuesday on the social network … Read more
Wall Street is misled at the start of a crucial week marked by the Fed Wall Street ended lower on Friday after the release of disappointing inflation numbers, suggesting that inflation will continue to be more persistent than expected. The producer price index, which measures changes in factory input prices, rose 0.3% in November, more … Read more
Growth fears begin to pressure Wall Street Wall Street ended almost stable Thursday the day after a sharp rise caused by remarks deemed dovish by Jerome Powell. Traders failed to take advantage of PCE inflation slowing to a 10-month low. They preferred to focus on the fall of the ISM manufacturing index to 49%, in … Read more
Wall Street soars thanks to comments deemed dovish by Jerome Powell US stock markets soared on Wednesday night after the long-awaited intervention by the Chairman of the Fed at the Brookings Institute. The S&P 500 rebounded more than 3% and the Nasdaq 100 nearly 5% after Jerome Powell indicated the pace of rate hikes could … Read more
China and the Fed put pressure on Wall Street Wall Street started the week on a negative note, with the main US indices falling more than 1%, penalized by the latest events in China and hawkish rhetoric from the New York and St. Louis Fed offices. Sentiment was penalized as of Sunday evening by the … Read more
PCE inflation and Powell will likely be key for Wall Street this week Selling pressure could resurface on global stock markets this week as the outlook continues to deteriorate in China. The impact of the zero covid policy appears to be intensifying on the Chinese economy as profits of the country’s industrial companies fell 3.0% … Read more
Wall Street continues its bear market rally, but risks remain on the downside Wall Street ended higher yesterday after the Fed hinted that a slowdown in rate hikes could be coming soon. The minutes revealed that “a substantial majority of participants felt that a slower pace of the rise would likely soon be appropriate”, but … Read more
Wall Street is marking time after a major rebound of 20% in 3 weeks US stock markets are marking time in the short term after three strong weeks of gains, particularly the Dow Jones which rebounded 17% from its October low. Stock markets benefited from investor speculation of possible less-than-expected monetary tightening from the Fed … Read more
Inflation figures will be decisive in the short term for Wall Street The New York Stock Exchange resumed its downtrend yesterday after a few rebound sessions. The tighter-than-expected outcome of the midterm elections, the rout in the crypto market and the disappointing quarterly results of Walt Disney (-13.2%) and a number of growth stocks like … Read more
