The Dow Jones Industrial Average closed higher Friday after a whipsaw session, where it marked a fresh intraday record, and the tech-heavy Nasdaq-100 set a record close. All three major averages scored their seventh-straight winning week. The Dow closed up 56 points, or 0.2 per cent, at 37,305.16. The S&P 500 slipped 36 points, or […]
Record-breaking Friday: Dow Jones and Nasdaq-100 soar to new heights Read More »
Last week’s sharp rise in the ASX200 looks set to be short-circuited today after the share price futures market dropped 74 points on Friday night. The 3.4% (248-point) gain last week for the ASX 200 was one of the strongest weekly gains this year, leaving the market well-positioned for today’s trading resumption. However, Friday saw
ASX200 uncertainty: US Fed officials’ statements cast doubt Read More »
Oil prices settled lower on Friday but rose slightly for the week due to a weaker dollar and an improved 2024 demand outlook after weeks of losses. US West Texas Intermediate crude futures for January fell by 15 cents, or 0.21%, settling at $71.43 per barrel. Brent for February dropped by 6 cents, or 0.08%,
Oil prices dip on Friday, up slightly for the week Read More »
As the world eagerly anticipates Santa Claus’ arrival in just one week, investors are already feeling the effects of a significant financial event: the recent rate cut decision by the Federal Reserve. This move is set to dominate headlines not only this week but also as we transition into early 2024, amid the post-holiday hangovers
Investors brace for Fed rate cut impact as Santa’s arrival nears Read More »
