The Latest Breaking News on Markets

Australian stocks make gains as profit-reporting season moves into full steam, even as KPMG and a major bank warn of the fallout of further interest rate hikes.

OPEC Secretary General Haitham Al Ghais said on Sunday that the group expects oil demand to exceed pre-pandemic levels this year, reaching almost 102 million barrels a day. Demand is projected to further rise to 110 million barrels per day by 2025, he said. “OPEC remains committed to supporting oil…

Asian stock markets are lower ahead of a U.S. inflation update that traders worry might lead to more interest rate hikes

Manic melt-up in most shorted stocks like CVNA,W, and MSTR has finally found some semblance of sanity with a sell-off.

Unfortunately, we're back to our ol' 2022 pattern of "wait and see," where the S&P 500 (SPY) kind of churns sideways until the next big CPI report or Fed meeting. But there are three things I'm watching for over the next few weeks. Read on to find out what they…

Canadian e-commerce major Shopify’s (SHOP) shares have gained more than 40% this year on the news of hiking prices for its plans. With inflation remaining high and the Fed open to raising interest rates beyond its predicted range, is the stock a buy now? Read on to learn our view….

Latest GDP report shows that UK economy flatlined in final quarter of last year, while Russia is to cut oil production over Western price caps

Although inflation has slowed, the job market remains tight. Fed Chair Powell has warned of higher-than-anticipated rate hikes if the situation persists. This is expected to keep the stock market volatile in the upcoming months. Amid this backdrop, investors could look to add fundamentally strong blue chip stocks PepsiCo (PEP)…

Blue-chip companies Unilever, AstraZeneca and British American Tobacco today lead a busy session for end-of-year corporate earnings.

Continuing improvements in economic indicators reflect that the U.S. economy is resilient amid the weak earnings forecasts. However, since the market is expected to remain under pressure for some time, it could be wise to add winning stocks, Oracle Corp. (ORCL), CVS Health (CVS), and Halliburton (HAL), to your portfolio.…

Shares are mixed in Asia after stocks rallied on Wall Street following comments by the chair of the Federal Reserve signaling that last week’s stunningly strong jobs report won’t by itself sway its stance on interest rates hikes