PARIS (Reuters) - France's gambling regulator said on Thursday it was examining whether Polymarket, the platform where a French trader placed a successful multi-million dollar bet...
(Reuters) - Major brokerages including J.P.Morgan, Barclays (LON:BARC) and Goldman Sachs have forecast a 25-basis-point interest-rate cut by the U.S. Federal Reserve at its...
- The number of Americans filing for first-time unemployment claims edged up slightly last week, snapping a three-week streak of declines, as possible distortions...
Donald Trump's reelection resulted in serious gains across markets and particular sectors in Wednesday's trading session. Investors saw the Trump Trade turn into a "Trump Everything Rally," Powers Advisory Group Managing Partner Matt Powers tells Yahoo Finance, noting the spark seen in the financial (XLF) and utilities (XLU) sectors. Powers sits down with Brad Smith on Wealth to discuss where Wall Street has seen market moves between Tuesday's election results and the interest rate cut expected from the Federal Reserve on Thursday. "Sectors we like the possibility of the deregulation of banks and it should spark the financial sector, should benefit both large banks and regionals," Powers explains. "Oil and gas will likely benefit. Energy stocks rose quite a bit yesterday but on expectations of pro-industry policies, clean energy's probably going to continue to suffer in that area." To watch more expert insights and analysis on the latest market action, check out more Wealth here. This post was written by Luke Carberry Mogan.
Mutual funds, direct stock investments, and equity-linked insurance plans are among the investment channels where Indian households are showing unprecedented enthusiasm for the...
The number of individuals filing for unemployment insurance for the first time, known as Initial Jobless Claims, saw a slight increase in the latest economic data. The figures...
Dubai, United Arab Emirates, November 7th, 2024, Chainwire Bybit, the world’s second-largest cryptocurrency exchange by trading volume, is excited to announce its latest...
Financial stocks have surged ahead of tech in year-to-date performance, fueled by a Trump-led rally on Wednesday that lifted banks and brokers amid investor expectations of a deregulation-friendly political landscape ahead. The Financial Select Sector SPDR Fund (NYSE:XLF) has risen by 30% in 2024, outpacing the Technology Select Sector SPDR Fund (NYSE:XLK), which is up 26% this year. Small and mid-sized banks, tracked by the SPDR S&P Regional Banking ETF (NYSE:KRE), have also seen strong perform
Stocks had their best post-election rally on record Tuesday. It might not last.
-- Bitcoin steadied near recent peaks on Thursday, as Donald Trump’s victory in the 2024 presidential election sparked sharp gains in cryptocurrencies on the prospect...