Economics/Domestic

Dow Surges to Record Highs After China cut Import Tariffs

U.S. markets continued their bullish run on Monday as the Dow Jones Industrial Average reached record-highs once again after gaining 114.73 points or 0.40% after China decided to cut import tariffs. The S&P 500 Index 4.88 points or 0.15%,...

Dow Jones Smashes Record Highs, Fourth Consecutive Week of Gains

U.S. markets have been bullish during the month of December. On Friday morning, the Dow Jones extended by 95.97 points or 0.34%, gaining over 1,100 points in the month of December so far. The S&P 500 Index edged higher by 13.41 points or...

U.S. Markets Reach All-Time High on Optimism Around U.S.-China Deal

U.S. markets continued its bullish run leading into Monday, lifted by upbeat optimism revolving around a possible U.S.-China trade deal.  The Dow Jones was lifted by 126.94 points or 0.45% during late afternoon trading sessions on Monday. The...

Feds Leave Rates Steady and Hint Pause in 2020

The Federal Reserve held interest rates steady at its December meeting on Wednesday, halting a series of rate cuts that lifted markets and countered recession fears amid the ongoing trade tensions between the U.S. and China, according to CNN....

U.S. Markets Bounce Around as Trade Talks Weigh In

U.S. markets bounced around on Tuesday morning as investors and analysts continued to digest trade talks between the U.S. and China. The Dow Jones Industrial Average initially fell by as much as 100 points at the opening bell. However, late...

U.S. Markets Roar on Better-Than-Expected November Job Reports

U.S. markets roared on Friday after a better-than-expected employment report for November. The Labor Department reported that the economy created 266,000 jobs, lowering unemployment rates to 3.5%, a 50-year low. The Dow Jones Industrial Average...

U.S. Markets Notch Record High on U.S.-China Trade Talks

U.S. markets rose on Tuesday morning as investors continued to focus on the development of the U.S.-China trade talks. Additionally, an upbeat assessment of the economy from Federal Reserve Chairman Jerome Powell also fueled the market. The Dow...

Home Prices Ramped Up in September

After home prices faltered for most of the year, home prices began to gain throughout September. On a national level, prices rose by 3.2% annually in September, up from a 3.1% gain in August, according to CNBC, citing the S&P CoreLogic...

Gold Prices Modestly Gain on Tuesday

Gold prices were lifted higher on Tuesday after erasing losses during early morning sessions. December gold futures gained USD 1.20 per ounce to USD 1,473.10 during late afternoon sessions. Early morning on Monday, gold erased losses from earlier...

Hong Kong Market Rebounds on Trade Talks After Violent Week

Hong Kong’s Hang Seng index tumbled last week by as much as 1,300 points or 4.7% as the protests continued to escalate and as the U.S.-China trade war continued to pound on global economies. Last week, Asian markets edged lower after U.S....

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