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Stocks, U.S. Futures Gain Before Earnings Kick Off
Stocks advanced on Tuesday along with U.S. index futures at the outset of one of the most…
Gold’s Powerful Rally Brings $1,800 Into View
Holdings in SPDR Gold Shares top 1,000 tons amid rising demand. Futures on Comex keep wide premium over spot prices…
Asia Shares Hit One-Month High On Chinese Trade Data, Easing Pandemic Worries
Asian equities extended gains on Tuesday after China’s trade data came in better than expected and as some…
Wall Street Gets Its Bull Back In Four Dramatic, Dizzying Days
U.S. benchmark returns to bull market as Fed steps up response. Shortened week is not short of action as virus…
S&P 500 Caps Best Week Since 1974 After Fed Acts
Gold reached a 7-year high as haven demand for the metal rose. Oil drops even after Saudis, Russia forge pact on…
Global Stocks Gain On Hopes Pandemic Is Reaching Peak
Global shares rose on Thursday on hopes the COVID-19 pandemic was nearing a peak and that governments would roll…
‘Big Short’ Michael Burry Has A Bearish Bet And Warns Of A Selling Stampede
‘The Big Short’ investor says passive ‘bubble’ may be ending. Central bank stimulus can’t do much to help, Burry…
Stocks Surge Going Into Close On Easing Virus Toll
Oil slips after forecast for large stockpile gain; Gold rises. Utilities lead S&P higher; Dow gains more than…
Equity Market Depreciated By 3.5% Last Week
Following rising cases of coronavirus in Nigeria, the domestic bourse on Friday recorded further extended weekly…
Dangote Leads Gainers As Equity Market Ends On A Positive Note
The Nigerian equity market on Thursday closed on a positive note as Dangote Cement Plc led other gainers to halt…
Dangote And Unilever Are Biggest Losers As Equity Market Loses N104bn
Transactions on the Nigerian equity market on Wednesday commenced the month of April on a downtrend as Unilever…
Stock market Lost N10bn In March
Activities on the floor of the Nigerian Stock Exchange on Tuesday ended the month of March on the negative rout as…
S&P Sees Dubai Property Prices Dropping To Levels Seen In 2010
The widening coronavirus pandemic could see Dubai property prices falling to levels last seen 10 years ago,…
Frozen U.K. Home Market Leaves Buyers Wondering Where To Go
With about a quarter of the world in lockdown, the order to stay at home has taken on a new dimension for one of…
Zukerberg Sold $500m Worth Of Facebook Shares In February
Chief Executive Officer Mark Zuckerberg sold nearly $500 million in the company's shares in February to fund his…
Fitch cuts UK credit rating to AA-
Agency says government borrowing levels are set to rise and outlook remains…
After More Than 25 Years South Africa Is Now Junk With Moody’s Too
South Africa has lost its Moody’s Investment Services investment-grade credit rating more than 25 years after it…
S&P, Moody’s Cut Credit Grades At Fastest Pace In A Decade
S&P Global Ratings and Moody’s Investors Service are downgrading U.S. companies at the fastest pace in more…
A Bull Market in Banks and Other Weird Facts of the Stock Bounce
Moves in stock sectors that ordinarily take months and years to play out are happening in days as investors…
Technically Speaking, The Dow Just Rocketed Out Of A Bear Market
As ridiculous as it sounds, the Dow Jones Industrial Average just climbed out of the bear market it entered two…
The Gold Market Is Being Tested Like Never Before
From South Africa’s ultra-deep mine shafts to vaults underneath London, from metals traders in New York…
Another 11% Swing in the Dow Average Shows Value Still a Mystery
As Wall Street celebrates the Dow Jones Industrial Average’s biggest surge in nine decades, spare a thought for…
Chevron CEO vows to avoid first dividend cut since Great Depression
Chevron is pulling out all the stops to cope with the historic collapse in oil prices. The oil giant is slashing…
Dow Has Best Day Since 1933 as Congress Nears Deal on Aid
The Dow Jones Industrial Average surged to its best day since 1933 as Congress and the White House neared a deal…
Stock Market Loses N260bn
Transactions on the floor of the Nigerian Stock Exchange on Monday witnessed another drop in share prices as…
Stocks Climb From Lowest Since 2016; Dollar Drops
Bill Ackman, Pershing Square Capital Management founder and chief executive officer, says he is going all long on…
NSE Shuts Trading Floors, Resorts To Remote Trading Because Of Corona Virus
Following the raging effect of COVID-19 in the country, the Nigerian Stock Exchange will temporarily close its…
Historic Fed Boost Fails To stop Wall Street’s Virus-Driven Sell-Off
Wall Street’s slide deepened on Monday as the rapidly spreading coronavirus forced more U.S. states into lockdown,…
Economic Shock From Coronavirus Already Bigger Than Financial Crisis — OECD Boss
The world will take years to recover from the coronavirus pandemic, the Organisation for Economic Co-operation…
Coal Is Now the World’s Most Expensive Fossil Fuel
Oil’s epic collapse over the past month means the global crude benchmark is now priced below the most widely…