As the United States celebrated Thanksgiving on Thursday, global markets experienced a more subdued week. Most stock markets have shown a decent recovery from this time last year. Artificial intelligence chipmaker NVIDIA, the sixth-largest global company by market capitalisation, reported its third-quarter earnings, exceeding expectations but provided cautious guidance amid export restrictions to China. U.S. […]
Global equity markets experienced a rally over the week as investors processed slower inflation prints in various developed economies. The S&P 500 Index extended its strong gains from the previous two weeks, surpassing the 4,500 level for the first time since September. In the United States, October's core Consumer Price Index (CPI) rose by 0.23%, […]
The U.S. economy saw job creation decelerate in October, confirming persistent expectations for a slowdown and possibly taking some heat off the Federal Reserve in its fight against inflation. Nonfarm payrolls increased by 150,000 for the month, the Bureau of Labor Statistics on Friday. This figure represents the lowest monthly addition since June and is […]
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