Oil declines following inflation data
Key points: Oil prices fell due to concerns about continued high interest rates in the US. The US CPI rose more than expected in April…
Financial market news — ParadNEWS
The ParadTrade team selects the events that genuinely move markets each day: central bank decisions, company earnings and shifts in currencies, stocks and digital assets. Here is what investors and traders need to know today.
Latest news
Nasdaq closed at a record high
Key points: The Nasdaq index reached a record high at the close of trading, adding 122.94 points. The market growth was supported by t…
Yen exchange rate worries traders
Key points: The yen is under pressure, falling to a two-week low. The market remains pessimistic on the yen due to the difference in y…
Novavax shares soared: the reasons?
Key points: Novavax will give Sanofi the rights to its COVID-19 vaccine in exchange for a stake in its partner company. Sanofi acquire…
Wall Street surges ahead of inflation data
Key points: All three major US indices rose for the week, with the Dow Jones posting the biggest gains. 77% of S&P 500 companies t…
OpenAI plans to announce a new search engine
Key points: OpenAI could introduce an AI-powered search engine. It could become a direct competitor to Google Search. Google has annou…
Warner Bros reports quarterly loss
Key points: Warner Bros. Discovery posted a better-than-expected quarterly loss. Advertising revenue for the company’s networks …
Dow Jones closed higher for 7th day in a row
Key points: All three major US stock market indices closed in the green. The growth was driven by encouraging data on weekly jobless c…