The euro fell 0.7% against the dollar amid weaker-than-expected economic data from the Eurozone, raising concerns about the region's recovery and prompting speculation about aggressive rate cuts by the European Central Bank.
Tag: Stock Market
Stock Market News – US Stocks Close Mixed as Dow Jones Hits Record High of 42,000
US stocks closed mixed on Friday as the excitement from the recent Federal Reserve interest rate cut faded, with the Dow Jones Industrial Average reaching a record high while the S&P 500 and Nasdaq saw declines amid ongoing economic concerns.
US Stock Market Weekly Wrap: Nasdaq, S&P 500, Dow All Close in Red
US stocks plummeted on Friday, led by tech sector declines, as a disappointing jobs report fueled speculation of a larger Federal Reserve rate cut.
Stock Market Today: Nifty 50 Outlook and Key Stocks to Trade on July 15, 2024
July 15, 2024's stock market focuses on the Nifty 50 outlook and key trading stocks.
Dow Jones Futures Decline: Stock Market Volatility Heightens With Fed Chief Powell’s Influence; Tesla, Palantir Show Strength
Last week, US stocks rallied with the S&P 500 and Nasdaq hitting new highs, but concerns arose over Nasdaq's overvaluation as small caps fell below key support levels.
Stock Market News – Global Stock Markets Surge on Inflation Easing and Economic Weakness in the US
Global stock markets rallied as cooling inflation in Europe and softening US economic data fueled expectations of central bank rate cuts, while bond yields declined and sector-specific gains boosted investor confidence.