The cryptocurrency market is poised to enter the new quarter with renewed optimism, fueled by recent interest rate cuts and the anticipation surrounding the upcoming November election. Regardless of the outcome, both major political sides have hinted at policies that could be favorable to the crypto industry, further boosting investor confidence.
Stock market today: US futures point to downbeat start to jobs report week with Powell set to speak
The market is bracing for the September US jobs report, set to test the upbeat tone in stocks.
China stocks surge on stimulus optimism, world stocks off record highs
LONDON/SYDNEY (Reuters) -World shares edged off record highs on Monday as strife in the Middle East fuelled economic uncertainty, just as China shares posted their biggest one-day gain in 16 years thanks to Beijing's latest raft of stimulus policies. Japan's Nikkei slumped almost 5% after perceived monetary policy hawk Shigeru Ishiba won a leadership contest to become the country's prime minister. The exception was China.
What's Going On With Stellantis Stock Monday?
Stellantis NV (NYSE:STLA) stock is plunging Monday after it revised its fiscal 2024 guidance to reflect its remediation actions on North American performance issues and deterioration in global industry dynamics. Auto rivals, including General Motors Co (NYSE:GM) and Ford Motor Co (NYSE:F), are trading lower in sympathy with Stellantis. The company projects a fiscal 2024 adjusted operating margin of 5.5%—7.0%, down from its prior double-digit growth expectations. It now expects fiscal 2024 indust
Stocks rise in China on property stimulus
Beijing's economic stimulus measures extended China's market rally into a second week, while Japan's choice of former Defense Minister Shigeru Ishiba as the country's next prime minister knocked down shares in Tokyo.
Mastercard and KaiOS Technologies collaborate to simplify acceptance for millions of SMEs in emerging markets
KaiOS Technologies’ affordable smart-feature phones will leverage Mastercard’s payment technology and global network
Morning Bid: Powell to close out Q3, China stocks boom 8%
The final day of another punchy quarter for U.S. stocks has proven a more volatile affair overseas: China's stellar stock recovery has added another whopping 8% pre-holiday, while Tokyo's swoon on the new Japanese prime minister jarred in the other direction. For Wall Street, Federal Reserve Chair Jerome Powell tees up in Nashville later to give his latest steer on the unfolding Fed easing cycle, with soothing August inflation numbers as a welcome backdrop. China, however, continues to hold global investors in thrall after last week's sweeping series of monetary stimuli and real estate and stock market props.