Tag : stock market

Inflation cools rapidly, paving the way for economic confidence in 2024
Business

Inflation cools rapidly, paving the way for economic confidence in 2024

manamalive.com
As the year 2023 drew to a close, many had anticipated it would be marked by economic turmoil and recession fears. However, it defied expectations and emerged as a year of remarkable resilience for the...
S&P 500 climbs for eighth week, signaling strong market confidence
Business

S&P 500 climbs for eighth week, signaling strong market confidence

manamalive.com
The S&P 500 witnessed a rise on Friday, contributing to an eighth successive winning week. This upsurge comes in the wake of milder inflation figures, fueling a year-end rally on Wall Street. While the Dow...
Dow surges to 2023 peak, propelling November's stock market rally
Business

Dow surges to 2023 peak, propelling November’s stock market rally

manamalive.com
In a striking financial upturn, the Dow Jones Industrial Average soared to a new annual zenith on Thursday, marking an impressive closure to November – its most fruitful month since October 2022. This surge, amounting...
Tech stocks feel the heat from soaring Treasury yields
Business

Tech stocks feel the heat from soaring Treasury yields

manamalive.com
On Wednesday, U.S. stock markets experienced significant shifts, as investors navigated through diverse earnings reports and evolving Treasury yields. Notable indices showed marked volatility, with the Dow Jones Industrial Average declining by approximately 0.4%, the...
iPhone shipments to surpass Samsung in 2023, says renowned analyst
Technology

iPhone shipments to surpass Samsung in 2023, says renowned analyst

manamalive.com
Apple is on the brink of a major milestone as it sets its sights on becoming the world’s largest smartphone brand by the end of 2023, according to a recent report from renowned Apple analyst...
Apple surpasses $3 trillion market cap, a historic milestone
Technology

Apple surpasses $3 trillion market cap, a historic milestone

manamalive.com
Apple Inc. made history yet again, achieving a market capitalization of $3 trillion on Friday, marking another significant milestone in the company’s growth. This is a testament to the robust investor confidence in Apple’s diverse...
Stable monetary policy propels Nikkei to an eight-month peak
Business

Stable monetary policy propels Nikkei to an eight-month peak

manamalive.com
In a significant financial development, the Nikkei, Japan’s premier stock index, surged to an eight-month high, driven by the Bank of Japan’s (BOJ) decision to sustain its ultra-easy monetary policy. The central bank’s move, along...