the shutdown, stock indexes and US government
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The S&P 500 could break through 7,100 by the end of 2025 as the stock rally broadens out, according to a top Wells Fargo strategist.
MSCI's global equities index rallied more than 1% on Monday while government bond yields rose on bets that the record-long U.S. government shutdown will soon end and enable official data releases to resume,
In the UK, the monthly labour market report is released today. Payrolls have declined throughout the year, but the pace has been modest and not too worrying. Wage growth has been edging lower but remains elevated.
The US Congress has officially voted to reopen the federal government, providing an immediate positive catalyst for equities that is erasing the market blues of the past week. Read more here
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Stocks stutter with focus on Fed, tech after US reopen vote
Asian markets trod water Thursday as euphoria over the end of a record US government shutdown petered, with focus back on Federal Reserve interest rates and tech bubble worries. The currency has come under pressure following dovish comments from Japan's central bank that tempered best on another interest rate hike and as the US moved towards reopening its government.
The stock market’s rally kept on rolling at the open on Wednesday. The Dow Jones Industrial Average rose 146 points, or 0.3%. The S&P 500 was up 0.3%. The Nasdaq Composite was up 0.4%. Technology stoc
Get the latest on tech stock declines, Fed rate cut prospects, and AI market risks. Discover what’s driving the year-end market outlook. .
MSCI's global equities gauge rallied 1.4% on Monday while government bond yields rose modestly on bets the record-long U.S. government shutdown will soon end, enabling official data releases to resume to provide much-needed clarity on the state of the economy.