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Stocks rise as Fed signals fewer rate cuts

U.S. stocks rose modestly after Fed forecasts fewer interest rate cuts; jobless claims down, GDP revised up to 3.1%.

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U.S. stocks experienced a rise, recovering from a significant decline the previous day, following Federal Reserve predictions of fewer interest rate cuts and increased inflation next year.

Economic indicators supported the Fed’s outlook, with initial jobless claims falling more than anticipated, and a revision of third-quarter gross domestic product (GDP) showing a 3.1% increase, up from the previously reported 2.8%.

Tim Ghriskey, a senior portfolio strategist at Ingalls & Snyder in New York, noted that the Fed’s message indicated interest rates would not decrease further if inflation did not decline. Recent inflation trends have raised concerns for the Fed.

Despite the market’s bounce back, there is a lack of strong conviction in the recovery.

Market gains

The Dow Jones Industrial Average rose by 235.23 points, or 0.56%, reaching 42,561.75.

The S&P 500 followed with an increase of 28.11 points, or 0.48%, to 5,900.05, while the Nasdaq Composite gained 99.50 points, or 0.52%, to 19,492.13.

This bounce marks a potential end to the Dow’s ten-session losing streak, its longest since 1974.

Both the Dow and S&P 500 faced their most significant one-day percentage drop since early August, and the Nasdaq recorded its largest daily fall since July, following the Fed’s announcement of limited rate cuts predicted for 2025.

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U.S. and China approve TikTok sale to American investors

US and China approve TikTok’s sale to Oracle and Silver Lake amid regulatory scrutiny, with ByteDance retaining 20%.

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US and China approve TikTok’s sale to Oracle and Silver Lake amid regulatory scrutiny, with ByteDance retaining 20%.


The United States and China have officially approved a deal for TikTok’s US operations to be sold to American investors, led by Oracle and Silver Lake.

This marks a major shift in the social media landscape as the platform navigates increasing regulatory scrutiny.

Under the new agreement, ByteDance will retain just under 20% of TikTok US, while Oracle and Silver Lake will each take 15% stakes. Other investors will also participate, forming a structure designed to satisfy both commercial and regulatory demands.

The new US-based entity will have a majority American board tasked with overseeing data protection and content moderation. Despite these safeguards, concerns remain about ByteDance’s influence and whether the deal fully complies with recent legislation.

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#TikTokSale #USChinaDeal #Oracle #SilverLake #ByteDance #TechNews #SocialMedia #DataProtection


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Markets tumble as Trump tariffs, Greenland rhetoric and Europe backlash collide

U.S. stocks plummet over 800 points amid renewed tariff threats and political tensions from Trump, sparking global trade concerns.

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U.S. stocks plummet over 800 points amid renewed tariff threats and political tensions from Trump, sparking global trade concerns.


U.S. equities took a sharp hit as markets reacted to renewed tariff threats and heightened political rhetoric from President Donald Trump. The Dow plunged more than 800 points, with the S&P 500 and Nasdaq also sliding as investor nerves rattled risk assets.

The sell-off highlights growing concern around global trade tensions and geopolitical uncertainty, with markets struggling to price in what comes next for U.S. economic leadership and policy direction.

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#USMarkets #WallStreet #TrumpTariffs #GlobalMarkets #USDebt #Europe #Davos #Ticker


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Gold hits record highs as investors flee risk

Gold surges amid global uncertainty, with February futures rising 1.71% to $4,674.20 per ounce, signaling safe-haven demand.

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Gold surges amid global uncertainty, with February futures rising 1.71% to $4,674.20 per ounce, signaling safe-haven demand.


Gold is shining brighter than ever as investors flock to safe-haven assets amid global uncertainty. U.S. gold futures for February delivery jumped 1.71% to $4,674.20 per ounce, while spot gold rose 1.6% to $4,668.14.

The surge comes as geopolitical tensions continue to worry traders, prompting a rush into metals perceived as stable and secure. Analysts say gold is proving its status as the ultimate hedge during turbulent times.

Investors are closely watching markets as gold sets new benchmarks, signalling growing caution across the financial landscape.

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#GoldRally #SafeHaven #InvestingTips #FinancialMarkets #GoldPrices #GlobalEconomy #MarketUpdate #TickerNews


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