Wall Street’s ‘fear index’ sees biggest weekly drop since April
U.S. stocks ended essentially unchanged on Friday, though slight gains were enough to give the S&P 500 its fifth straight positive session, while all three major indexes posted solid weekly gains.
The threat from heightened tensions between the U.S. and China could drag down stocks more than many are anticipating, according to one hedge fund vet.
In an interview with CNBC’s “Halftime Report” on Thursday, Appaloosa Management co-founder David Tepper warned that equities are at risk of falling 5% to 20% if the trade war with the Asian economic powerhouse worsens.
Macroeconomic data announced during the week as well the news of the Prime Minister’s impending meeting on Saturday have been positive for the markets.
MUMBAI: Equity markets on Friday continued the momentum from the last trading session on Wednesday, to close higher. BSE Sensex closed the day by almost a percentage higher at 38,090.64 and the Nifty surged 1.28 per cent to 11,515.20. However, BSE Sensex closed 0.8 per cent down for the week and Nifty by 0.6 per cent as currency fears and oil price worries dragged the equities down. Macroeconomic data announced during the week as well the news of the Prime Minister’s impending meeting on Saturday have been positive for the markets.
London — Shares rose around the world on Friday as expectations grew that the US and China will open new trade talks, while an interest rate hike in Turkey supported the lira and global risk appetite.
The MSCI All-Country World index, which tracks shares in 47 countries, was up 0.5% on the day after the start of trade in Europe.
Last week was another important week on Wall Street. The market rallied nicely after the bulls showed up and defended important support (50 DMA line). Remember, after a big rally, it is perfectly normal and healthy to see the market pause and digest that move. Right now, that is exactly what is happening. The market is back in “rally mode” as the major indices are climbing once again. Barring some unforeseen selloff, the major indices are likely to hit new highs in the near future.
Two Russian men were arrested earlier this year on suspicion of spying on a Swiss laboratory investigating the poisoning of Sergei Skripal, a newspaper investigation has claimed.
Swiss publication Tages Anzeiger and Dutch paper NRC said they were arrested in the Netherlands earlier this year.
The Swiss lab analysed samples from the poisoning of the former Russian double agent in the UK.
Sardar Patel statue to stand 182m tall, then be surpassed in 2021 by Shivaji memorial
India says it will unveil the world’s largest statue next month, depicting the independence leader Sardar Patel.
However, the reign of the 182-metre structure as record holder could be short-lived, with work due to begin on an even larger statue of a Hindu king off the coast of Mumbai.
South Korean President Moon Jae-in faces his toughest challenge yet in his third summit with Kim next week in Pyongyang.
SEOUL, South Korea — The first inter-Korean summit of 2018, a sunny spectacle in late April, reduced war fears on the peninsula. The second, an emergency one in May, helped ensure a historic meeting between North Korean leader Kim Jong Un and President Donald Trump came off.
Number of people aged 100 or older reaches record high, with women making up 88% of total
The number of Japanese people aged 100 or older has risen to a record high of almost 70,000 over the past year – a cause both for celebration and concern over the social and economic challenges posed by the country’s rapidly ageing society.
Many wonder what they can do to protect themselves after Thursday’s stunning explosions in Lawrence, Mass., that left one dead and at least 25 others injured.
The natural gas pipeline in the United States is vast, sprawling across 2.5 million miles in a complex pressurized system that delivers a quarter of the energy consumed nationwide, according to the American Gas Association. Many of the pipes are old, and utilities are in various stages of replacing them to improve safety.
Trudeau to Cut Sales Tax and Send Checks to Millions of Canadians as Election Looms
At UN Climate Talks, ‘Sewage’ Beer From Singapore Highlights Water Scarcity and Innovations
US Home Sales Rose in October, Notching Their First Annual Gain in More Than 3 Years
Airline CEOs and Transportation Secretary Buttigieg Fight Over Regulations Even After Election
Boar’s Head Listeria Outbreak Is Over With 10 Dead and Dozens Sickened by Tainted Deli Meat
Oil Company Phillips 66 Faces Federal Charges Related to Alleged Clean Water Act Violations
Weekly Market Review – November 23, 2024
Wall Street Rises With Nvidia as Bitcoin Bursts Above $99,000
US Regulators Seek to Break up Google, Forcing Chrome Sale as Part of Monopoly Punishment
Feds Outline ‘Necessary Steps’ for Colorado River Agreement by 2026 but No Recommendation Yet
