Yen gains ground as dollar rally pauses on profit-taking
By Rae Wee SINGAPORE (Reuters) -The yen got some much-needed respite on Tuesday as it steadied on the stronger side of 155 per dollar thanks to a pullback in the U.S. currency,...
By Rae Wee SINGAPORE (Reuters) -The yen got some much-needed respite on Tuesday as it steadied on the stronger side of 155 per dollar thanks to a pullback in the U.S. currency,...
By Rae Wee SINGAPORE (Reuters) -The yen got some much-needed respite on Tuesday as it steadied on the stronger side of 155 per dollar thanks to a pullback in the U.S. currency,...
-- Gold prices rose in Asian trade on Tuesday, extending a recovery from two-month lows as the dollar retreated from recent peaks, while increased tensions between...
-- Gold prices rose in Asian trade on Tuesday, extending a recovery from two-month lows as the dollar retreated from recent peaks, while increased tensions between...
“For homes to be affordable, that’s going to have to happen,” Meredith Whitney recently said.
Tesla stock is jumping on Monday as more news rolls in that CEO Elon Musk’s bet on President-elect Trump is paying off.
Stellantis' will adapt to changes in the U.S. car market expected under a Trump government, CEO Carlos Tavares said on Monday, with a platform that can offer electric, hybrid or gasoline versions of its models. President-elect Donald Trump's transition team is planning to kill the $7,500 consumer tax credit for electric-vehicle purchases as part of broader tax-reform legislation, two sources with direct knowledge of the matter told Reuters last week. Ending the tax credit could have grave implications for an already stalling U.S. EV transition.
After two years of massive gains in the S&P 500, one of Wall Street's biggest bulls thinks the rally will take a "breather" in 2025 as small stocks lead the index higher.
Morgan Stanley has increased its 12-month base case price target on the S&P 500 to 6,500, the firm's equity strategist Michael Wilson and other strategists wrote in a note on Monday. According to the note, the firm expects the recent broadening in U.S. earnings growth to continue in 2025 as the Federal Reserve cuts interest rates into next year and as business cycle indicators improve further. "A potential rise in corporate animal spirits post the election (as we saw following the 2016 election) could catalyze a more balanced earnings profile across the market in 2025," the strategists added.
