Tag : economic data

Business

Japan factory output drops 2.1 percent in February

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TOKYO: Japan’s industrial output fell 2.1% in February from the previous month, official preliminary data showed on Tuesday, as weaker production in autos, fabricated metals and electronic...
Business

U.S. job market shows signs of strain in April

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Weekly jobless claims in the United States rose sharply to 241,000 for the week ending April 26, reflecting an increase of 18,000 from the prior...
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Treasury yields rise as markets await Fed minutes and jobs data

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U.S. Treasury yields edged higher early Wednesday as investors awaited key labor market data and the release of minutes from the Federal Reserve’s December meeting....
Business

U.S. stock futures extend gains as Nvidia shares hit new highs

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U.S. stock futures advanced for the third consecutive session on Tuesday, led by gains in technology shares, particularly Nvidia. Futures linked to the S&P 500...
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Dow jumps 351 points as chip stocks rally following Foxconn revenue report

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U.S. stocks surged on Monday, rebounding from last week’s declines as gains in semiconductor stocks led the rally. The Dow Jones Industrial Average rose 351...
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China industrial profits fall 4.7 percent in first eleven months of 2024

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China’s National Bureau of Statistics reported a 4.7 percent decline in the combined profits of major industrial enterprises for the January-to-November period of 2024. The...
Business

Gold prices rally amid U.S. dollar decline and economic data anticipation

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In recent Asian trading sessions, gold has witnessed a noticeable uptick, rebounding from its most significant weekly decline since June. This surge is primarily attributed...