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A pro-union pledge amid industry strikes

A pro-union pledge amid industry strikes

President Biden has revealed his plan to stand alongside United Auto Workers (UAW) union members in Detroit on Tuesday, demonstrating his strong pro-union stance and commitment to supporting workers during their strike for improved wages, benefits, and working conditions in the American auto manufacturing industry. The strike, initiated after negotiations failed to secure a favorable con...

  23.09.2023

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Yield surge sparks market downturn, raises shutdown fears

Yield surge sparks market downturn, raises shutdown fears

On Thursday, the stock market experienced a decline due to a rise in Treasury yields to their highest levels in several years, causing concerns among investors about the possibility of a government shutdown. The Dow Jones Industrial Average fell by 370.46 points, equivalent to 1.08%, closing at 34,070.42. Similarly, the S&P 500 saw a decrease of 1.64%, ending at 4,330, and...

  22.09.2023

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Fed projections analyzed. FedEx surges, KB home dips

Fed projections analyzed. FedEx surges, KB home dips

On Wednesday night, stock futures were hovering around the unchanged mark as investors carefully examined the Federal Reserve's earlier projections. Dow Jones Industrial Average futures were slightly down by 14 points, a minimal 0.04% decrease. Meanwhile, S&P 500 futures dipped by 0.1%, and Nasdaq 100 futures experienced a slight 0.2% decline. During the after-hours t...

  21.09.2023

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