Equities

U.S. stocks ticked higher on Monday, with the tech-heavy Nasdaq powering ahead, as investors awaited a pivotal Federal Reserve meeting for clues on the path ahead for interest rates. The central bank is expected to leave borrowing costs unchanged at its two-day policy meeting starting Tuesday, but market expectations are for a rate cut as […]

U.S. stocks extended gains in a broad-based rally on Friday, as a sharp slowdown in May domestic job growth raised hopes of an interest rate cut, while the United States’ decision to delay tariffs on Chinese goods lifted the mood. A Labor Department report showed nonfarm payrolls increased by 75,000 jobs last month, much smaller […]

The increasing crisis of confidence in Nigeria’s stock market will further erode investors’ confidence, and slow down buying interests, an analyst at Investdata Consulting Limited, has said. Specifically, the chief research officer, Investdata, Ambrose Omodion, said there is already a panicky mode, as investors watch developments in the market. “The listing by way of introduction […]

U.S. stocks eked out gains in choppy trading on Thursday, as hopes of an interest rate cut outweighed fears of a flare up in U.S.-China trade tensions after comments from President Donald Trump. Trump said he would decide on more China tariffs “probably right after the G20” meeting later this month, which followed his threat […]

U.S. stocks rose on Wednesday as expectations of an interest rate cut by the Federal Reserve were lifted following the weakest pace of private sector jobs growth in more than nine years in May. Traders work on the floor at the New York Stock Exchange (NYSE) in New York, U.S., June 5, 2019. REUTERS/Brendan McDermid […]

U.S. stocks rose on Tuesday, led by a rebound in the battered technology sector, as Federal Reserve Chair Jerome Powell’s said the central bank would act “as appropriate” to trade war risks, leaving the door open for a possible rate cut. A day after St. Louis Fed chief James Bullard said a rate cut may […]

U.S. stocks slipped on Monday as internet giants Alphabet and Amazon tumbled on regulatory concerns, but hopes that the United States would settle its dispute with Mexico helped limit some losses. Alphabet Inc declined 6.4% after sources told Reuters said the U.S. Justice Department is preparing an investigation of the Google-parent to determine whether the […]

U.S. stocks rose for the first time this week on Thursday, as President Donald Trump said trade talks with China are doing well, offering a glimmer of hope to markets roiled by trade tensions. A senior Chinese diplomat said that provoking trade disputes is “naked economic terrorism”, even as Trump said Beijing wanted to make […]