Wall St posts record closes as inflation data fuel rate-cut bets
Wall Street's three major indices notched record closes on Wednesday with the benchmark S&P 500 and the Nasdaq both advancing more…
Category: Markets
Mid-sized IPOs missing from US rebound
The recovery in the US initial public offerings (IPOs) market is underway, with deal volumes growing year-on-year and sentiment improving.
Goldman: S&P 500 going nowhere from here
The S&P 500 Index is unlikely to deliver any more gains from now through the end of the year, according…
Bursa Malaysia snaps two-day winning streak
Bursa Malaysia ended trading at an intraday low yesterday, snapping a two-day winning streak as investors hesitated to make significant…
Nasdaq hits record close after Powell reassures investors
The Nasdaq scored a record closing high on Tuesday and the S&P 500 and the Dow also advanced as Federal…
Goldman: Stocks with upside risk worth holding
Lofty US equity valuations suggest investors have already priced in a lot of stock market enthusiasm, but that doesn’t mean…
Fraud concerns raise red flags for Mumbai’s booming IPOs
A string of accounting frauds unearthed by India’s securities regulator this month poses another risk to the blistering rally in…
FBM KLCI ends at intraday low; glove makers rally
KUALA LUMPUR: The FBM KLCI finished at an intraday low on Wednesday, contrasting with the upward surge witnessed in glove…
Stocks rise, dollar eases ahead of US inflation report
SINGAPORE: Asian stocks rose on Wednesday while the dollar drifted lower as traders weighed mixed U.S. producer price data and…