US US. stocks edged higher Wednesday, rising 0.3%, as energy stocks climbed with crude oil and shares of financial companies reversed some of Tuesday’s losses. Oil and Gas Sector stocks rose 5.9% yesterday following the 1.5% rise in the oil price. In economic news, President Trump agreed on a three-month debt-limit extension in the US […]
US US. stocks fell, declining 0.8%, ending a six-day rally, as tensions with North Korea mounted and another Atlantic hurricane threatened to make US landfall. In line with the move in stocks, U.S. 10 year Treasury yields fell amid lingering unease over North Korean plans for a ballistic missile launch, while Hurricane Irma threatened a region already […]
US US markets were closed yesterday for the Labour Day holiday. The S&P 500 rose 1.4% overall last week after gaining 0.2% on Friday. News surrounding the North Korea nuclear test over the weekend is likely to weigh on US stocks today. Europe European equities fell yesterday after a North Korea nuclear test on […]
US US Stocks gained 0.2% on Friday while Treasury yields rose leading to bond price declines. The moves followed a weaker than expected August payrolls report, a labour market measure that investors look to for an indication on Fed Policy direction. In other economic releases on Friday, U.S. factory releases reflected the fastest pace of […]
US US stocks closed higher for a fifth consecutive session yesterday, gaining 0.6%, with Healthcare the standout performer. The dollar oscillated between gains and losses yesterday as US Treasury Secretary Steven Mnuchin said a weaker currency is “somewhat better” for trade. Mnuchin also said that the Administration has a “very detailed” tax reform plan, adding […]