Despite escalating recession apprehensions and recent bearish market movements, the steadfastness of S&P 500 earnings endures, as articulated by Citi strategists in a Wednesday dispatch. Citi’s Economic Data Change index,
The gold market experienced a slight dip when prices went below $2,390 per ounce. This can be largely attributed to the recent strengthening of the US dollar, which makes gold
The much-anticipated pivot in the U.S. labor market has finally materialized, heralding the possibility of a Federal Reserve rate cut before the scheduled September meeting, Jefferies analysts articulated in a
Introduction Ever had that unsettling feeling of déjà vu? The stock market sure does. With recent tumultuous market behaviors, many are asking: is this 1987 all over again? The notorious
Despite encountering lackluster economic indicators, UBS analysts are resolute in their belief that the U.S. economy is poised for a gentle deceleration rather than a harsh downturn. The financial institution
U.S. equities plummeted on Monday amid intensifying worries over an economic deceleration, with technology stocks bearing the brunt of the downturn. At 09:40 ET (13:40 GMT), the Dow Jones Industrial
Shares of Delta Air Lines (NYSE) experienced a notable dip of 5.9% in pre-market trading on Monday, 9:05 am ET (01:05 GMT), following BofA Securities’ revision of its forecasts in
Gold prices have pulled back slightly, yet remain close to record highs due to increased safe haven demand driven by concerns over slowing economic growth. As of 06:00 ET (10:00
Economists at Goldman Sachs have revised their rate cut projections following last week’s disappointing jobs report, although they believe the risks of a U.S. recession remain limited. The July employment
The Japanese yen rose versus the dollar, as the flight to safety ensured that investors were seeking a haven in the face of growing volatility in the global markets. Fears