IMF hikes U.S. FY outlook

The tech rout Stateside looks set to continue into a third day with giants such as Oracle, Palantir and Salesforce all suffering double-digit losses for the week. The gloom is contagious in the crypto space with Bitcoin briefly plunging below the $61,000 mark. UK Prime Minister K ...  Show more

The Nasdaq suffers back-to-back losses of more than 1 per cent for the first time since April following a massive tech sell-off that sees almost $1tn wiped from tech stocks as A.I. related concerns reverberate around markets. Alphabet posts FY revenue of more than $400bn for the ...  Show more

Global equities surged, driven by US stocks, as strong retail numbers and encouraging jobless claims alleviated recession fears. US Treasury yields and the dollar also climbed. Meanwhile, gold rose on Middle East tensions and expectations of interest rate cuts. Retail giants W ...

US inflation concerns intensified, with the core PCE rising 2.8% year-on-year, fuelling fears of stagflation. Tariffs remain a significant concern, with the US poised to unveil new measures on Wednesday. The EU is bracing itself for a potential 20% tariff, and Goldman Sachs ha ...

LONG The White House has urged investors to trust in Donald Trump as Wall Street continues a global sell-off in response to his tariff announcement. The Dow Jones index is down more than three percent, the dollar has fallen and oil prices have slipped. Shares prices in Europe and ...  Show more

Watch Carol and Tim LIVE every day on YouTube: http://bit.ly/3vTiACF.Wall Street’s bets that the largest shutdown in US history is soon coming to an end drove a rebound in stocks, spurring optimism that access to official economic data will shed light on the Federal Reserve outlo ...  Show more