Economy

Recent

With earnings season around two-thirds done, Corporate America is solidly beating expectations. Wall Street is ratcheting up its profit forecasts.

For the week, the S&P gained 1.4%. The index is now up 5.4% year to date and up 40.5% from its October 12, 2022 closing low of 3,577.03.

China intervenes as stock rout reaches US$5 trillion amid 'uber-weak' confidence, regulator heightens scrutiny reminiscent of 2015 crash.

Increasingly likely 'Goldilocks' economic scenario presents promising outlook, potentially propelling an already buoyant stock market to new heights.

Jay Powell of Federal Reserve has called for patience from public as Fed deliberates on optimal timing for initiating reductions in interest rates.

Financial markets are currently wagering that the Federal Reserve may err in its forthcoming monetary policy adjustments, per insights from BofA.

A sense of panic gripped Chinese investors on Friday as shares swung sharply in the final hours of trading before closing at a five-year low.