May 20, 2025 8:57 am
Key Moments: The People’s Bank of China lowered its loan prime rates by 10bps. Shares in China and Hong Kong jumped, with SSE stocks climbing 0.38%, while the Hang Seng Index rose by 1.46%. Investors were particularly enthusiastic about healthcare stocks, as evidenced by how both the CSI 300 Health Care index and the Hang […]
Read moreMay 19, 2025 1:29 pm
Key Moments: The FTSE 100 slipped by 0.7% on Monday. A UK-EU post-Brexit deal was finalized, covering food checks and fishing rights through 2038. The decision of Moody’s to remove the US’s last triple-A credit rating outweighed positive sentiment from the UK-EU trade deal. Markets React to Credit Rating Downgrade and UK-EU Pact UK equities […]
Read moreMay 19, 2025 11:03 am
Key Moments: Walmart’s shares dropped around 2% in pre-market trading after President Trump criticized its pricing strategy on social media. A Walmart representative reaffirmed the company’s dedication to maintaining competitive pricing for its customers. Treasury Secretary Scott Bessent claimed Walmart will pass along some tariff-related costs to consumers. Presidential Pressure Weighs on Walmart Walmart’s share […]
Read moreMay 19, 2025 8:44 am
Key Moments: The STOXX 600 index dropped by 0.54% on Monday, the first decline in around five weeks. Luxury stocks fell after China’s April retail sales disappointed markets. Eurozone bond yields have climbed, with Germany’s 10-year yield reaching 2.60%. Market Pullback Ends Winning Streak European stocks experienced a decline on Monday, weighed down by an […]
Read moreMay 19, 2025 6:52 am
Key Moments: Moody’s recently lowered the US credit rating to Aa1, citing rising deficits and refinancing risks. Futures for major indexes declined on Monday, with Nasdaq 100 futures down 1.20%. The decline in futures on Monday contrasts with the robust market performance of the preceding week. Credit Downgrade Sparks Broad Market Pullback Monday saw US […]
Read moreMay 16, 2025 2:02 pm
Key Moments: Quantum Computing reported Q1 earnings of $0.11 per share. The company’s stock jumped 21.43% after the opening bell. Investor sentiment was also bolstered by the recent finalization of the Quantum Photonic Chip Foundry in Arizona. Strong Quarterly Turnaround Friday witnessed the stock price of Quantum Computing (NASDAQ:QUBT) climbing by more than 21% to […]
Read moreMay 16, 2025 12:37 pm
Key Moments: Lars Fruergaard Jørgensen has announced plans to step down from his position as Novo Nordisk CEO. “Market challenges” were cited as the main reason behind his departure. The company’s US-listed stock dropped 5% during pre-market trading, while the shares on Nasdaq Copenhagen declined by 3.8%. CEO Departure Novo Nordisk (NOVC-FF) revealed on Friday […]
Read moreMay 16, 2025 11:02 am
Key Moments: Wall Street stock futures ticked higher on Friday following the S&P 500’s fourth day of gains. This week’s US-China trade announcement continues to lift market sentiment. Wholesale prices declined 0.5% in April, supporting optimism around easing inflation. Futures Maintain Upward Momentum US stock futures advanced on Friday, building on the momentum of a […]
Read moreMay 16, 2025 9:40 am
Key Moments: The KOSPI rose 0.21% on Friday and jumped by nearly 2% for the week. Within the chip sector, stock performance was not uniform. Samsung Electronics shed 500 basis points, while SK Hynix gained by 2%. Foreign investors purchased 169.4 billion won worth of South Korean shares. KOSPI Rises Further South Korean equities ended […]
Read moreMay 15, 2025 2:29 pm
Key Moments: UnitedHealth Group’s stock dropped 15.46% on news of an alleged DOJ investigation. The Department of Justice’s criminal healthcare-fraud unit is reportedly probing the company’s Medicare Advantage operations. UnitedHealth denied the legitimacy of the report. Federal Probe Drives Shares Lower Thursday saw UnitedHealth Group’s stock price plunge over 15% after a report revealed that […]
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