DOW Futures indicate a positive trajectory, as investors appear to dismiss the uncertainties surrounding a prolonged U.S. government shutdown, which is expected to result in the delay of important economic data releases. Markets will have to rely on a private measure of services sector activity. In other developments, shares of chip equipment manufacturer Applied Materials Read More
Dow futures indicate a predominantly upward trajectory, as disappointing private-payrolls data enhances expectations for forthcoming interest rate cuts by the Federal Reserve. However, overall sentiment is still overshadowed by the ongoing U.S. government shutdown. OpenAI, the creator of ChatGPT, has reportedly achieved a valuation of $500 billion following a recent secondary share sale, positioning it Read More
Dow futures experienced a significant decline on Wednesday following the U.S. government’s decision to halt operations, which led to increased demand for safe haven gold as investors expressed concerns regarding the possible impact on economic growth. Nike, however, presented some positive developments as its turnaround strategy seemed to yield results in the first quarter. The Read More
