News

The Euro Stoxx 50 index rose by 1.1% to a fresh record high, although the broader European ended the session higher is still just shy of the February 2000 peak.

The three major Wall Street indexes registered their fourth straight quarterly rise as investors looked forward to details of President Joe Biden’s massive infrastructure plan, as bets on a strong economic rebound supported Wall Street during the quarter 

the New Zealand Government introduced a new set of housing policies aimed to improve home ownership and target rental residential  investors

While the three major indexes closed lower, looking under the hood, investors continue to sell last year’s big performers such as the technology shares that doubled the Nasdaq index from lows a year-ago, and bought the “cheaper” value-oriented stocks whic

There were several positive vaccine developments over the weekend with Novavax announcing its vaccine is 96% effective .

Investors are looking at the likely economic recovery from the coronavirus and await cues from the Federal Reserve this week amid caution over rising borrowing costs.

US stocks retreated late in the session, with the Tech Nasdaq index shedding more than a 1% gain, as yields on longer-maturity US Treasury bonds ticked up, nipping investor enthusiasm for tech-stocks that are high growth but wary of rising inflation.

The focus overnight was the much anticipated US Federal Reserve announcement given the recent move in interest rates. Chairman Powell continued to project near-zero interest rates at least through 2023, suggesting consistency with the Fed’s view that it w

The Nasdaq technology index pulled back sharply, falling 3% by the close of trade.