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AI Stocks Find Two Stock Recommendations Per Month to Launch Your Long-Term Investments
Stocks and dollar droop in thin year-end trade, 2024 uptrends intact
Date: December 27, 2024
By Alden Bentley, Naomi Rovnick and Ankur Banerjee NEW YORK/LONDON/SINGAPORE (Reuters) -Global stocks, the dollar and some Treasury yields looked set to wrap up Christmas week on Friday with minor retracements of broad up-trends, succumbing to a dearth of interest and participation heading into the last weekend of the year. Wall Street’s main indexes opened...
Dollar set for big annual gain as traders brace for high US rates
Date: December 27, 2024
By Naomi Rovnick and Ankur Banerjee LONDON, SINGAPORE (Reuters) -The U.S. dollar headed towards an almost 7% annual gain on Friday and Japan’s yen for a fourth consecutive year of losses as traders anticipated robust U.S. growth would make the Federal Reserve cautious on rate-cutting well into 2025. The dollar index, which measures the currency...
Oil heads for weekly gain on China stimulus hopes
Date: December 27, 2024
By Alex Lawler LONDON (Reuters) -Oil rose slightly on Friday and was on track for a weekly gain, spurred by expectations of a stimulus-driven economic recovery in China, the world’s biggest oil importer, and by forecasts of lower U.S. inventories. Analysts polled by Reuters had expected U.S. crude stocks to have declined by about 1.9...
US stocks tread water in thin trade, benchmark US yield backs off new high
Date: December 27, 2024
By Stephen Culp and Alden Bentley NEW YORK (Reuters) -Wall Street closed mixed on Thursday and the U.S. benchmark Treasury yield eased after scaling the highest level since May in light, directionless post-Christmas trading. The dollar was flat, crude oil fell, and gold rose. The three U.S. stock indexes were all nearly unchanged, paring mild...
European shares flat after Christmas break; set for modest weekly gains
Date: December 27, 2024
(Reuters) – Europe’s main stock index opened flat on Friday after a two-day holiday, but its modest gains earlier in the week have kept it on course to snap a two-week losing streak. The pan-European STOXX 600 was flat at 504.56 by 0811 GMT, leaving it with a 0.3% gain in the holiday-disrupted week. Across...
Finland boards oil tanker suspected of causing internet, power cable outages
Date: December 27, 2024
By Essi Lehto and Andrius Sytas HELSINKI (Reuters) -Finnish authorities on Thursday seized a ship carrying Russian oil in the Baltic Sea on suspicion it caused the outage of an undersea power cable connecting Finland and Estonia a day earlier, and that it also damaged or broke four internet lines. The Cook Islands-registered ship, named...