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US stocks traded lower on Wednesday as investors kept an eye on prospects for a debt reduction deal in an expected House vote later. Meanwhile, strong US jobs data and Chinese economic woes weighed on global markets.The S&P 500 (^GSPC)…

© Reuters Investing.com - The dollar fell on Tuesday, but could rally in the near term as investors' focus is likely to shift from the debt ceiling to the jobs report later this week, which could boost the prospect of a future…

And then there were five. Nvidia is the latest company with a market capitalization to cross the $1 trillion mark, as its stock jumped more than 4% in early trading on Tuesday, before losing a bit of ground. This puts the company in…

The S&P 500 is trading up 22 points, or 0.6%, to 4,236 shortly after the open. The Nasdaq was even stronger, up 1.1%.The pace of gains is a 4% rally in Nvidia shares. The chipmaker's market cap is now $1 trillion, and it joins Apple,…

The market dominance of stablecoins pegged to the US dollar has undergone some changes over the past year. While most of them are in a downtrend, Tether (USDT) has surged to an all-time high, according to data from CoinGecko. Offers.Over…

© Reuters. FILE PHOTO: A Russian state flag flies above the headquarters of the Central Bank in Moscow on March 29, 2021. A sign reads "Bank of Russia." Photograph: Maxim Shemetov/Reuters Written by Elena Fabrichnaya and Alexandre…

President Joe Biden and House Republicans reached a tentative agreement Saturday night to raise the government's debt limit. The debt ceiling deal will avoid the looming default on US sovereign debt, the good news for the US economy, and…

The stock market rally had a mixed and mixed week. Indexes were down strongly on Wednesday. But then the technology boomed nvidia (NVDA) jumped in very quickly, sending chips and AI toys. Meanwhile, optimism about the debt ceiling deal…

It was a relatively low volatility week across major asset classes, as traders likely held back from action while awaiting developments on the US debt ceiling issue. Volatile catalysts such as global PMIs and inflation updates have…

AI imageHigher interest rates did not hit the consumer hard or bring inflation back to the target level, according to the personal consumption expenditures report for April today. Inflation rose 4.4% year-on-year in an acceleration from…