Economic News Archives - Page 3 of 47

How inflation affects stocks and why the markets are worried about it?

Last Updated: May 13, 2021

Yesterday, the US Bureau of Labor Statistics reported the highest annualized inflation in the country since the days of the financial crisis and the markets […]

Tech stocks dive amid rise in US Treasury yields, inflation concerns

Author: Alejandro Arrieche

Last Updated: May 11, 2021

Tech stocks are set to drop for a second day today as indicated by the performance of E-mini futures of the Nasdaq 100 index, which […]

US stock futures mixed ahead of packed weekly economic calendar

Author: Alejandro Arrieche

Last Updated: May 10, 2021

US stock futures are trading mixed today in early futures trading action as investors await the release of multiple relevant economic data points and earnings […]

Gold surges to two-month high as inflation worries prompt flight to safety

Author: Alejandro Arrieche

Last Updated: May 7, 2021

The price of gold is advancing for a third day today in early commodity trading action as the combination of a weaker dollar, choppy equity […]

Oil prices retreat from post-pandemic high despite plunging inventories

Author: Alejandro Arrieche

Last Updated: May 6, 2021

Oil prices are retreating from their post-pandemic highs despite a beyond-expected drop in crude inventories reported by the United States only two days ago. The […]

FTSE 100 attempts to cross the 7,000 mark again as recovery bets regain steam

Author: Alejandro Arrieche

Last Updated: May 5, 2021

The British FTSE 100 index is attempting to cross the 7,000 mark for a second time this week led by stocks in the most virus-battered […]

Cryptocurrency market dips amid tax hike proposal, Turkish exchange scandal

Author: Alejandro Arrieche

Last Updated: April 23, 2021

The total capitalization of the cryptocurrency market has been slashed by around $200 billion in a single day after an exclusive report from Bloomberg revealed […]