Street
-
Wall Street salaries decline further from pandemic heights
SALARIES in New York City’s securities industry fell for a second consecutive year in 2023 as profits retreated from highs reached during the pandemic. The average salary was US$471,370 including…
-
US: Wall Street rises as focus turns to inflation data, earnings
Wall Street’s main indexes opened higher on Tuesday (Oct 8), regaining some ground after a selloff in the previous session, as investors turned their focus to the start of the…
-
US: Wall Street opens lower as changing rate expectations boost yields
Wall Street’s main indexes fell at the open on Monday (Oct 7), pressured by a rally in Treasury yields as investors dialled back bets on the scope of the Federal…
-
US: Wall Street opens higher after strong payrolls data
Wall Street’s main indexes opened higher on Friday (Oct 4) after a crucial labour report eased concerns about a rapid cooldown in the jobs market, while investors remained vigilant for…
-
US: Wall Street opens lower as Middle East tensions make investors nervous
WALL Street’s main indices opened lower on Wednesday (Oct 2) as investors priced in a possible escalation in geopolitical tensions in the Middle East, while a survey allayed concerns about…
-
US: Wall Street opens marginally higher after soft inflation report
Wall Street’s main stock indexes opened higher on Friday (Sep 27), with the S&P 500 near record highs, after soft inflation data raised expectations that the Federal Reserve could now…
-
Many Wall Street executives are worried about Trump but wary of Harris
MANY Wall Street executives have reservations about backing either candidate in the US presidential election, worried that former President Donald Trump’s policies will hurt the economy but wary Vice-President Kamala…
-
Apple wins big as US$250 billion of index trades hit Wall Street
AN ACTION-PACKED week on Wall Street ends with a bang as index-tracking funds are set to reshuffle US$250 billion of shares, just as a “triple witching” trading event hits. …
-
Asia: Markets track Wall Street record to extend global rally
ASIAN markets built on Friday on the latest global rally after a jumbo US interest rate cut, while the yen edged up as focus turns to the Bank of Japan…
-
Asian Markets Track Wall Street Record To Extend Global Rally
Asian markets built Friday on the latest global rally after a jumbo US interest rate cut, while the yen edged up as focus turns to the Bank of Japan policy…
-
Wall Street Shatters Records, Fueled by Fed’s ‘Jumbo Cut’
AFP Fueled by the Federal Reserve’s aggressive cut in the benchmark rate on Wednesday, Wall Street set all-time highs Thursday as investors signaled approval of the long-anticipated move. The Dow…
-
US: Wall Street opens higher after retail sales data, Fed decision in focus
Wall Street’s main indexes opened higher with the benchmark S&P 500 close to its intraday record high, ahead of the Federal Reserve’s policy meeting starting on Tuesday (Sep 17), after…
-
US: Wall Street advances as traders’ bets rise for bigger Fed rate cut
Wall Street’s main indexes closed higher on Friday (Sep 13) as investors honed in on the chance of a bigger interest rate cut by the Federal Reserve next week, with…
-
Asia: Markets rally with Wall Street after US inflation eases further
A SURGE in tech firms on Thursday helped Asian markets track a Wall Street rally after data showed US inflation at a more than three-year low, reinforcing expectations the Federal Reserve will…