A group of technology giants dubbed the "Magnificent Seven" was responsible for a large proportion of the 26.3% gain in the S&P 500 last year. That's because their collective valuation of $12 trillion makes up 28% of the index, so they have a huge influence over the direction
March S&P 500 E-Mini futures (ESH24) are down -0.40%, and March Nasdaq 100 E-Mini futures (NQH24) are down -0.50% this morning as U.S. Treasury yields climbed on the first trading day since Friday, with market participants bracing for a busy week of corporate earnings and economic data.
Euro zone government bond yields edged higher on Tuesday after European Central Bank (ECB) policymakers expressed a wide array of views on inflation and interest rates.
Russia's Arctic LNG 2 project is set to load its first liquefied natural gas (LNG) tanker for Asia at the end of January, two industry sources said on Tuesday, despite disruptive U.S. sanctions, while initial volumes are expected to be small.
Chinese lender Ping An Bank has put 41 firms on a list of developers eligible for its funding support, marking the latest move aimed at reviving the nation’s crisis-hit property sector, Bloomberg News reported on Tuesday.
Pat Cummins confirmed Australia's new-look batting line-up on Tuesday with Steve Smith to open and Cameron Green at number four in the team to face West Indies in the first test at Adelaide Oval from Wednesday.
Iga Swiatek came through a testing opener in her hunt for a first Australian Open title on Tuesday as the world number one battled past 2020 champion Sofia Kenin 7-6(2) 6-2 in sweltering heat on Rod Laver Arena.
(RTTNews) - Dragerwerk AG & Co. KGaA (DRWKF), a German medical and safety tech company, reported preliminary fiscal 2023 earnings, compared to last year's loss, with higher net sales, while orders edged down.
China's muted response to the weekend victory by Taiwan President-elect Lai Ching-te signals what some analysts see as the start of an uneasy four months before he takes office, with Beijing treading carefully before then.
Four tankers used for shimpents of Qatari liquefied natural gas (LNG) have resumed course after pausing for several days amid maritime attacks by Yemen's Iran-aligned Houthis in the Red Sea, LSEG shiptracking data showed on Tuesday.
Tesla CEO Elon Musk said on Monday he would be uncomfortable growing the automaker to be a leader in artificial intelligence and robotics without having at least 25% voting control of the company, nearly double his current stake.
Vivek Ramaswamy, a multi-millionaire former biotech executive, ended his White House bid on Monday and endorsed Donald Trump after his longshot bid caught attention but failed to catapult him high enough in the Republican Party's first nominating contest in Iowa.
Thailand's cabinet on Tuesday approved a diesel tax cut for three months to April and a 3.6 trillion baht ($102.53 billion) budget plan for the fiscal year 2025, a deputy finance minister said.
Gold prices were subdued on Tuesday as the dollar and Treasury yields rose, while traders waited to hear from a slew of U.S. Federal Reserve speakers this week for more clarity on the central bank's rate cut prospects.
India will extend the import of edible oil at a lower duty by another year until March 2025, the government said in a notification issued late on Monday as the world's biggest importer of vegetable oil moves to limit local prices.
China's yuan hit its lowest in more than a month against the dollar on Tuesday, reflecting broad strength in the U.S. currency and persistent expectations of monetary easing in the world's second-largest economy to aid the recovery.
A working group meeting of the Western Pacific Naval Symposium kicked off in the Chinese city of Nanjing on Tuesday, with the three-day event to be attended by representatives from Japan, Russia and the United States, according to Chinese state media.
Chicago corn and soybean futures regained some ground on Tuesday after data showing strong U.S. production and stockpiles pushed prices to multi-year lows in the previous trading session.
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