The S&P 500 (\GSPC) has fallen 10% from its all-time highs in February due to political instability and concerns about the market’s future. “There’s been a sentiment shift,” Citi US equities analyst Scott Chronert told Yahoo Finance. “The sentiment and the client and investor focus has completely swung upside down versus where we started the…
China’s new-home prices declined faster in February, deteriorating for the first time in six months despite the country’s most recent attempts to support the industry. Prices in 70 cities, excluding state-subsidized housing, fell 0.14% from January’s 0.07%, according to National Bureau of Statistics data released Monday. Used property prices declined 0.34%, matching the rate a…
Export registrations for more than 1,000 U.S. meat facilities authorized by China under the 2020 “Phase 1” trade agreement expired on Sunday, according to China’s customs website, jeopardizing U.S. shipments to the world’s largest customer amid a protracted tariff spat. According to China’s General Administration of Customs’ website, the registration status of pig, beef, and…
Shares rose in Asia on Monday after U.S. equities had their best day since the November election, and China announced stronger-than-expected manufacturing statistics. Chinese officials were scheduled to brief reporters on Beijing’s attempts to increase consumer spending later in the day. Economists argue that consumers must spend more to get the economy out of its…
Goldman Sachs Group Inc. reduced its oil price projections as tariffs dampened the prospects for US growth while OPEC and its partners increased supply. The move comes as petroleum prices fell from this year’s peak in January due to abundant supply, a dismal demand outlook from China’s leading importer, and an expanding international trade conflict….
The Karachi Cotton Association (KCA) has officially confirmed that the spot cost for Grade 3 cotton is 18,219 rupees per maund (40 kg) as of Friday. This rate is the introductory price for cotton trade in Pakistan’s textile sector, impacting domestic and foreign players. Grade 3 Cotton Specifications: Grade 3 cotton has a staple length…
Greece has once again exceeded economic forecasts, with a central government primary surplus of 3.5% of GDP in 2024, much above the government’s objective of 2.5%. Outgoing Finance Minister Kostis Hatzidakis announced the remarkable results on Saturday, emphasizing the country’s budgetary discipline and financial recovery. Greece’s Fiscal Resilience and Rising Surplus: Greece’s financial recovery is…
Johnson Fistel, LLP announces filing a class action lawsuit on behalf of investors in ModivCare, Inc. (NASDAQ: MODV). The lawsuit aims to recover damages for investors who purchased securities between November 3, 2022, and September 15, 2024. Investors have until March 31, 2025, to petition the Court for appointment as lead plaintiff in the litigation….
Rosen Law Firm, a worldwide investor rights law firm, has investigated possible securities claims on behalf of Viatris Inc. (NASDAQ: VTRS) shareholders following accusations that Viatris may have provided materially false business information to the investing public. If you acquired Viatris shares, you may be eligible for reimbursement without paying any out-of-pocket fees or charges…
S&P 500 futures fell early Thursday after the index had a winning session in what has been a volatile week. Futures related to the broad market index down 0.66%, while those connected to the Dow Jones Industrial Average fell 187 points, or 0.45%. Nasdaq 100 futures fell 0.95%. Intel’s stock rose almost 10% during extended…