According to Bank of America, institutional fund managers are sitting on record low cash allocations as they increase their equity holdings. Bank of America believes this is a contrarian indicator warning that a decline could be nearing.…
The rallied by about 75 basis points yesterday, but it remains a market with weak breadth. Breadth was notably weak in the morning, though it improved slightly as the day progressed. According to data from the Bloomberg 500 Index,…
The United States is concerned by the December 23 announcement by the Mozambican Constitutional Council regarding the October 9 national elections. Civil society organizations, political parties, the media, and international observers,…
By Laila Kearney and Paul Carsten NEW YORK/LONDON (Reuters) -Oil prices rose more than 1% on Tuesday, reversing the prior session's losses on a brightening short-term outlook tied to the prospect of slightly tightening supplies as trade…
The 2024 season is coming to an end. What an eventful year it has been: the Magnificent 7 rally, the halving, Tesla's (NASDAQ:) Cybercab reveal, geopolitical tensions and the US election. Here are ten stories to remember.Story 1: Soft…
By Paul Carsten LONDON (Reuters) -Oil prices rose on Tuesday, reversing the prior session's losses, buoyed by a slightly positive market outlook for the short term, despite thin trade ahead of the Christmas holiday. futures were up 36…
Investing.com-- Oil prices rose Tuesday, but stuck to a tight trading range as traders remained uncertain over a potential supply glut and softening demand in the coming year.
At 05:55 ET (10:55 GMT), rose 0.8% to $72.86 a barrel,…
Investing.com-- Gold prices edged higher in Asian trade on Tuesday, extending their tepid performance as investors still remained cautious with the rising dollar following the U.S. Federal Reserve’s hawkish tilt.Traders also refrained from…
If you happen to be a skeptic, you’re not alone.
A recent Pew Research survey found that 63% of Americans are not confident in the reliability or safety of cryptocurrencies in general.
But when BlackRock speaks, it often pays to listen.…
For his role in overseeing the safety and security of embassy employees during the ongoing violence in Haiti, U.S. Secretary of State Antony Blinken named Stephen Strickland, a U.S. Department of State, Diplomatic…