Calm returns to Wall Street as U.S. stocks stabilize following recent volatility

Calm returns to Wall Street as U.S. stocks stabilize following recent volatility

U.S. stocks are bouncing back, and calm is returning to Wall Street after Japan’s market soared earlier Tuesday to claw back much of the losses from its worst day since 1987. The S&P 500 was rallying by 1.6 per cent in midday trading and on track to break a brutal three-day losing streak. It had tumbled a bit more … Read more

Wall Street has its worst day since 2022 as fears of U.S. recession deepen

Wall Street has its worst day since 2022 as fears of U.S. recession deepen

Wall Street fell the most in nearly two years, continuing a global rout in financial markets as fears worsen that the U.S. economy is slowing down. The S&P 500 fell three per cent on Monday. The Dow Jones industrial average dropped more than 1,000 points and the Nasdaq composite slid 3.4 per cent. The declines were just the latest … Read more

Nikkei soars to all-time peak as Nvidia optimism drives chips rally

Nikkei soars to all-time peak as Nvidia optimism drives chips rally

A person takes a photograph of an electronic stock board showing Japan’s Nikkei 225 index at a securities firm on Feb. 22, 2024, in Tokyo. | Photo Credit: AP Japan’s Nikkei share average on February 22 surged past the 1989 bubble-era record high, as chip-related stocks led across-the-board gains after U.S. chipmaker Nvidia’s outlook beat … Read more