Asian markets rose in holiday-thinned trade Wednesday, tracking a rally on Wall Street, where tech titans led by Nvidia recovered some of their hefty losses a day earlier as worries
US stocks rose on Thursday, with the Nasdaq (^IXIC) and S&P 500 (^GSPC) eyeing a comeback as investors digested news that the US economy expanded slower than economists had expected in the last three months of the year.
The Hong Kong Monetary Authority left its base rate unchanged at 4.75% on Thursday, tracking a move by the U.S. Federal Reserve to keep rates steady.
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S&P 500 E-Mini futures (ESH25) are up +0.10%, andMarch Nasdaq 100 E-Mini futures (NQH25) are up +0.35% this morning as market participants braced for the Federal Reserve’s interest rate decision and U.
- Aussie bond yields decline on CPI data; AUD/USD declines by 0.4%; money markets were pricing in an >80% chance of a RBA rate cut in Feb [Feb 18th] ahead of the data. - Aussie REITs outperform on CPI data.
US stocks and shares in chip-making giant Nvidia on Tuesday clawed back some of their losses following a sell-off triggered by the sudden success of Chinese artificial intelligence firm DeepSeek.
Boosted.ai, a Toronto-based AI software company that serves asset management firms, described the emergence of DeepSeek's AI model as a "Sputnik moment" for the AI industry, highlighting the potential for Chinese companies to compete with and even surpass U.S. tech giants in AI development.
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Investors dumped technology stocks in premarket trading Monday, sending U.S. indexes sharply lower after Chinese artificial intelligence startup DeepSeek demonstrated a chatbot that it says rivals the top versions from OpenAI and Google for
SINGAPORE - Shares in Singapore ended lower on Jan 27, tracking declines in the region. The benchmark Straits Times Index declined 0.2 per cent or 7.55 points to 3,796.71. Across the broader market, losers outnumbered gainers 277 to 242, after one billion securities worth $1.1 billion changed hands.