May 24, 2024 | Markets
Rising global equity breadth to be a contrarian sell indicator All major asset classes record inflows in latest week: BofA The rally in global equity markets is at risk of overheating, according to Bank of America Corp. strategist Michael Hartnett. The bank’s...
May 23, 2024 | Markets
Economy grew 0.3% in first quarter, while inflation sped up Presidential election will take place in less than two weeks Mexico’s economy eked out weak growth at the start of the year as inflation sped up further above target in a fresh sign of the challenges its next...
May 23, 2024 | Markets
Prices impacted by Fed officials dampening rate-cut hopes Metal’s rally ‘showing signs of easing,’ Jinrui Futures says Copper steadied following the biggest drop in almost two years, as Chinese factories balked at paying record prices and Federal Reserve officials...
May 23, 2024 | Markets
First-time claims declined to 215,000 in week ended May 18 Benefit applications have remained subdued in recent months Initial applications for US unemployment benefits fell last week, remaining subdued as both demand for workers and layoffs ease. First-time...
May 22, 2024 | Markets
Charles Schwab Corp. is planning to roll out an alternative investments platform in phases for individual investors this year. The platform will offer investors access to private equity, venture capital, private credit and long-short exchange funds to start, with one...