U.S. stocks rose on Monday after a sharp selloff as investors looked ahead to a major week of events with the Federal Reserve’s latest policy decision and Apple’s ( AAPL ) earnings on the calendar. The benchmark S&P 500 Index (^GSPC) rose about 0.7% after officially entering correction territory on Friday, while the Dow Jones …
Crude oil, WTI, Brent, US dollar, gold, FOMC – discussion points Petroleum as the conflict in the Middle East develops, there may be sideways price action Haven assets remain desirable amid noise and volatility, such as: gold increases Markets appear to be ready for range trading in many markets Recommended by Daniel McCarthy Get a …
The cautious market mood follows a flurry of quarterly earnings reports as investors consider the ECB’s next monetary policy moves on Thursday. ADVERTISEMENT European markets started the session in the red on Wednesday, while the FTSE 100 index remained unchanged in anticipation of a key decision by the European Central Bank (ECB) on interest rates. …
Electronic boards showing stock market information at the Dubai Stock Exchange, United Arab Emirates, November 5, 2020. REUTERS/Abdel Hadi Ramahi/File photo Acquisition of licensing rights Oct 24 (Reuters) – Most major Gulf exchanges traded higher on Tuesday as economic data is expected to provide guidance to the U.S. Federal Reserve on its next steps, although …
UAE-based social media app Belong (formerly ASKWHO) has raised $1.5 million ahead of its Series A round, bringing its total capital to $3.5 million. Founded in 2019 by Michael Askew and Matthew Gaziano, Belong is a social media app designed to connect people in cities. The round aims to enhance Belong’s offering …