Singapore shares climbed on Friday (May 10) morning, mirroring overnight gains in the US and European markets. $FTSE Singapore Straits Time Index(.STI.SG)$inched up 13.59 points or 0.4 per cent to 3,279.54. Across the broader market, gainers outnumbered losers 84 to 25 after 31.1 million securities worth S$42.7 million changed hands. $Aspen(1F3.SG)$was the most heavily traded counter by volume. The counter rose 8 per cent or S$0.004 to S$0.054, after 3.9 m...
G'day, mooers! Check out the latest news on today's stock market! • Wall Street indexes rose Thursday, Dow notches 7th consecutive day of gains • ASX gain, Suncorp and QBE retreat after results • Stocks to watch: Suncorp Group, QBE, Helia, Metcash, Life360 Wall Street Summary The$Dow Jones Industrial Average(.DJI.US)$gained more than 300 points Thursday afternoon and the$S&P 500 Index(.SPX.US)$and$Nasdaq Composite Index(.IXIC.US)$rose as w...
Good morning mooers! Here are things you need to know about today's market: ●Dow Jones Gains Over 300 Points as Jobless Claims Report Boosts Rate-Cut Expectations ●Malaysia to Remain Asia-Pacific's Largest Islamic Banking Market, Says S&P Global Ratings ●Ringgit Weakening Due to Strong US Dollar, Not Weak Fundamentals, Says Bank Negara Deputy Governor ●Stocks to watch: Scientex, Mr DIY -mo...
The$Dow Jones Industrial Average(.DJI.US)$gained more than 300 points Thursday afternoon and the$S&P 500 Index(.SPX.US)$and$Nasdaq Composite Index(.IXIC.US)$rose as well as markets cheered a rate-cut-friendly jobless-claims report. The Dow gained 331 points (0.85%) shortly after the market closed at 4 PM EST. The S&P added 26 ticks (0.51%) and the Nasdaq rose 43 points (0.27%.) MACRO Markets rose in part after U.S. weekly initial...
Morning mooers, it is Thursday, May 9th. The market is open and mixed, with two out of three indexes climbing. My name is Kevin Travers, and here are stories moving the market today: ps: I will record the view of the New York Financial District from my desk in the moomoo office for these videos! MOOVERS $Airbnb (ABNB.US)$pulled down the S&P 500 and Nasdaq 100 after its earnings met expectations, but its Q2 guidance came i...
As artificial intelligence (AI) continues to revolutionize industries, the amount of computational power needed to support the growth of AI is increasing at a rapid pace, doubling approximately every 100 days. AI and Energy Demand $Goldman Sachs(GS.US)$has explored the implications of AI on the demand for global power. The bank's global investment research (GIR) team issued a report that suggests power requirements for gl...
$FTSE Singapore Straits Time Index(.STI.SG)$ inched up 13.59 points or 0.4 per cent to 3,279.54. Across the broader market, gainers outnumbered losers 84 to 25 after 31.1 million securities worth S$42.7 million changed hands.
$Aspen(1F3.SG)$ was the most heavily traded counter by volume. The counter rose 8 per cent or S$0.004 to S$0.054, after 3.9 m...
👉 Key Highlights:
📍 Weekly jobless claims jump to 231,000 v/s 214,000 expected , highest since August 2023.
📍 Claims rise by 22,000 from the previous week, exceeding expectations.
📍 Continuing claims also up, reaching 1.78 million.
📍 Four-week moving average rises to 215,000, indicating increasing layoffs.
📍 April nonfarm payrolls grew by 175,000, be...
On top of that, many big tech companies have reported decent earnings, which kind of show that they can still survive under high interest rate environment
$SPDR S&P 500 ETF(SPY.US)$ $S&P 500 Index(.SPX.US)$ $Invesco QQQ Trust(QQQ.US)$ $Tesla(TSLA.US)$ $Apple(AAPL.US)$ $NVIDIA(NVDA.US)$ $Amazon(AMZN.US)$ $Palantir(PLTR.US)$ $Coinbase(COIN.US)$
• Wall Street indexes rose Thursday, Dow notches 7th consecutive day of gains
• ASX gain, Suncorp and QBE retreat after results
• Stocks to watch: Suncorp Group, QBE, Helia, Metcash, Life360
Wall Street Summary
The $Dow Jones Industrial Average(.DJI.US)$ gained more than 300 points Thursday afternoon and the $S&P 500 Index(.SPX.US)$ and $Nasdaq Composite Index(.IXIC.US)$ rose as w...
●Dow Jones Gains Over 300 Points as Jobless Claims Report Boosts Rate-Cut Expectations
●Malaysia to Remain Asia-Pacific's Largest Islamic Banking Market, Says S&P Global Ratings
●Ringgit Weakening Due to Strong US Dollar, Not Weak Fundamentals, Says Bank Negara Deputy Governor
●Stocks to watch: Scientex, Mr DIY
-mo...
The Dow gained 331 points (0.85%) shortly after the market closed at 4 PM EST. The S&P added 26 ticks (0.51%) and the Nasdaq rose 43 points (0.27%.)
MACRO
Markets rose in part after U.S. weekly initial...
ps: I will record the view of the New York Financial District from my desk in the moomoo office for these videos!
MOOVERS
$Airbnb (ABNB.US)$ pulled down the S&P 500 and Nasdaq 100 after its earnings met expectations, but its Q2 guidance came i...
As a result of this data, yields dropped and expectations that the Fed may cut more interest rates this year rose.
This may be a small good news for the market, but I am not expecting any sort of big movement today or even tomorrow.
$Tesla(TSLA.US)$ $Apple(AAPL.US)$ $SPDR S&P 500 ETF(SPY.US)$ $Invesco QQQ Trust(QQQ.US)$ $S&P 500 Index(.SPX.US)$ $NVIDIA(NVDA.US)$ $Amazon(AMZN.US)$ $Netflix(NFLX.US)$ $Microsoft(MSFT.US)$ $Alphabet-C(GOOG.US)$ $Meta Platforms(META.US)$
AI and Energy Demand
$Goldman Sachs(GS.US)$ has explored the implications of AI on the demand for global power. The bank's global investment research (GIR) team issued a report that suggests power requirements for gl...
No comment yet