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Showing 71 - 80 of 3675 results for "Wall Street"

Chief economist update: Honey, COVID-19 got me sacked

BENJAMIN ONG | FRIDAY, 27 MAR 2020

... unemployment rate shows that even Bullard's grim forecast appears to be an underestimation. In spite of these, Wall Street rallied overnight -- Dow +6.38%, S&P 500 +6.24%, Nasdaq +5.60%, Russell 2000 +6.30%. Perhaps it's because claims came in ...

Chief economist update: COVID-19 eating into jobs

BENJAMIN ONG | THURSDAY, 26 MAR 2020

Wall Street and most other equity markets welcomed reports that the White House and the US Senate have finally reached a deal to unleash a stimulus package worth around US$2 trillion. "Highlights include: $250B in direct payments to Americans; $367B ...

NYSE closes trading floor

ELIZA BAVIN | THURSDAY, 19 MAR 2020

... after the most heavily populated island of Luzon was put in mandatory isolation. Despite the high market volatility Wall Street is determined to remain open as halting trade is viewed as extreme. Most recently, the markets were closed during Hurricane ...

World rolls out stimulus

ELIZA BAVIN | WEDNESDAY, 18 MAR 2020

... stock market losses and volatility." Altaf Kassam, SSGA heal of investment strategy and research, said that while Wall Street opened again with a near instantaneous halt into a circuit breaker, when it re-opened sentiment appeared more constructive. ...

Wall Street tumbles, ASX holds ground

ELIZA BAVIN | TUESDAY, 17 MAR 2020

Wall Street has been taking a battering since the coronavirus outbreak left the shores of China, with the S&P 500 falling another 12% overnight. A sharp cut in interest rates, stricter quarantine enforcements around the globe and a change of tone from ...

Chief economist update: Coronavirus cures climate change

BENJAMIN ONG | MONDAY, 16 MAR 2020

Friday the 13th isn't so unlucky after all as it turned out to be a rally day on Wall Street. The S&P 500 index surged by 9.3% while the Dow and the Nasdaq pole-vaulted by 9.4% the day after US President Trump's declaration of a national emergency ...

Global stocks plunge as COVID-19 fear accelerates, oil crashes

ALLY SELBY | TUESDAY, 10 MAR 2020

... points. Although it officially entered bear market territory, Dow Jones and S&P 500 futures are pointing to a rise on Wall Street tomorrow, which is helping drive buying sentiment locally. At the time of writing, the S&P/ASX 200 regained some of these ...

Jamie Dimon recovering after emergency heart surgery

ALLY SELBY | MONDAY, 9 MAR 2020

... continue to serve our customers, clients, communities and shareholders." This isn't Dimon's first health scare; the Wall Street leader was diagnosed with throat cancer in 2014 and continued to lead the bank while undergoing chemotherapy. Dimon has led ...

Chief economist update: Welcome to the day after tomorrow

BENJAMIN ONG | WEDNESDAY, 4 MAR 2020

The day you, I and Irene lost sleep over contemplating the potency of future central bank policy actions, given their sharply reduced firepower, when the next threat to the global economy comes. The coronavirus outbreak has brought that day upon us. ...

Chief economist update: Wall Street sneezes

BENJAMIN ONG | THURSDAY, 27 FEB 2020

... around the planet but the coronavirus hadn't had much impact on equity markets until it hit investor sentiment on Wall Street. Five straight down days have taken returns on the S&P 500 index to negative 3.5% year-to-date and the Dow to minus 5.5%. ...

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BT appoints new head of strategy

KARREN VERGARA

A former Allianz Retire+ executive has joined BT as the new head of strategy.

ASX sees trade volumes soar in May

MATTHEW WAI

ASX saw a substantial growth in trade volumes last month, despite continued lackluster movement in IPOs.

Otivo launches AI-powered financial advice

MATTHEW WAI

Otivo has launched a mobile app for Australians to access licensed advice powered by AI.

Munro expands access to climate focused fund

VINNY VUCAGO

The Munro Global Growth Climate Leaders PIE Fund has been opened to retail investors in New Zealand.

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