Asian Equities Close On Mixed Note

Asian markets closed on a mixed note on Tuesday amidst anxiety ahead of crucial economic data. Hong Kong’s Hang Seng Index closed deep in the red ahead of PMI updates from China. Meanwhile, assurances of an accommodative monetary policy from the People’s Bank of China leadership supported sentiment in the […]

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U.S. Stocks Finish Lackluster Session Modestly Lower

Stocks showed a lack of direction over the course of the trading day on Monday, extending the lackluster performance seen during last Friday’s holiday-shortened session. The major averages bounced back and forth across the unchanged line before eventually closing modestly lower. The Dow slipped 56.68 points or 0.2 percent to […]

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Wall Street Might Open Mostly Up

Trading activity is likely to be subdued on Friday amid a shortened session on Wall Street, following Thanksgiving Day. NYSE will close early at 1.00 pm EST today.Trading volumes were muted due to a holiday. The market is hoping for OPEC+ supply cuts as OPEC is meeting today. Early signs […]

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Lenovo Recalls USB-C Laptop Power Banks

Chinese PC and mobile maker Lenovo Group is recalling USB-C laptop power banks citing risk for fire, the U.S. Consumer Product Safety Commission said. About 2,850 units were sold in the United States and about 510 units were sold in Canada. The recall involves the Lenovo USB USB-C Laptop Power […]

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Eurozone PMI Signals Shallow Technical Recession

The ongoing downturn in the euro area private sector suggested that the region might have entered a shallow recession in the final quarter of 2023, according to the latest purchasing managers’ survey results released by S&P Global on Thursday. The HCOB flash composite output index rose to 47.1 in November […]

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