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Financial News Around the World

Stocks making the biggest moves after hours: Amazon, Starbucks, Pinterest, Advanced Micro Devices and more

These are the stocks posting the largest moves in extended trading.

Published 30 April 2024
Categorised as Finance News

Here’s everything to expect when the Fed wraps up its meeting Wednesday

Markets are anticipating a near-zero chance that the policy-setting arm of the central bank will announce any change to interest rates.

Published 30 April 2024
Categorised as Finance News

This is the level where the 10-year Treasury yield becomes a ‘clear problem’ for stocks, Goldman study shows

Goldman said that when the 10-year Treasury yield hits 5%, the correlation between bond yields and stocks turns negative.

Published 30 April 2024
Categorised as Finance News

McDonald’s and other big brands warn that low-income consumers are starting to crack

Higher prices have weighed on customers in an array of industries that interact with consumers.

Published 30 April 2024
Categorised as Finance News

‘Sell in May and go away’ is a catchy adage, but probably not a good idea

The bottom line: market timing is always a tricky affair. Most of the time, it’s not worth trying to do it. 

Published 30 April 2024
Categorised as Finance News

Worker pay rose more than expected in Q1 in another sign of persistent inflation

The employment cost index, which measures worker salaries and benefits, gained 1.2% in the first quarter.

Published 30 April 2024
Categorised as Finance News

Stocks making the biggest moves premarket: Eli Lilly, 3M, McDonald’s and more

These are some of the stocks posting the largest moves in premarket trading.

Published 30 April 2024
Categorised as Finance News

Euro zone inflation steady at 2.4%, keeping June rate cut in play as economy returns to growth

Price rises in the 20-nation euro area held steady at 2.4% in April, while the economy returned to growth in the first quarter.

Published 30 April 2024
Categorised as Finance News

IMF chief warns of emerging market risk with high U.S. interest rates

The benchmark rates of most advanced economies soared in recent years, as central banks aimed to tame inflation following the Covid-19 pandemic.

Published 30 April 2024
Categorised as Finance News

HSBC beats expectations in first quarter earnings; Group CEO Noel Quinn to retire

HSBC has approved a first interim dividend of 10 cents per share, as well as a special dividend of 21 cents per share.

Published 30 April 2024
Categorised as Finance News

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