Gold rally temporarily halted
Key points: Gold prices took a breather after record growth. The growth was caused by a cooling of the US labor market and statements …
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
US soybean exports exceed expectations
Key points: Soybean export sales exceeded expectations but remain weak. Large inventories in Brazil and low demand from China are hamp…
The Nasdaq closed 1.5% higher
Key points: The S&P 500 broke a record, rising 1% to close at 5,157.36. The Nasdaq rose 1.5%, led by technology and growth stocks.…
Fed boosts hopes for rate cuts in 2024
Key points: Powell said the Fed is likely to cut rates because the US economy is not on the verge of a recession. US job growth in Feb…
Tesla shares fall due to weaker demand
Key points: Tesla shares fell for the third day in a row; the electric vehicle manufacturer left the top 10 most valuable US companies…
Currencies stable ahead of Powell’s speech
Key points: The lack of catalysts keeps the dollar in a narrow range. Traders are awaiting the ECB’s rate decision and US employ…
Indices are down, Nasdaq is under pressure
Key points: All three major Wall Street indexes fell more than 1%. The Nasdaq Composite fell 1.65%, hit hardest by declines in Apple a…
Markets decline amid Chinese policy
Key points: Global stocks fell below recent highs due to the lack of large-scale economic stimulus from China. China has set a GDP gro…