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Mixed signals on Wall Street – Another record for the Dow Jones
Today’s session was one of continued upheaval for Wall Street, as a strong wave of liquidation in recent hours centered on the technology sector changed the picture on the indices… evaporating the gains earlier measured (up to more than 1%) by the S&P 500 and Nasdaq.
Market focus turns from Nvidia results to US economy
Market attention has turned to upcoming data on the U.S. economy after Nvidia reported its financial results .
Nvidia, one of several companies that have ridden a wave of enthusiasm over artificial intelligence developments, reported earnings on Aug. 28.
The results showed a strong profit, but Nvidia stock fell 2.1 percent, though it is up 153 percent for the year.
New Setback for the Athens Stock Exchange – At Day’s Lows, but Holds at 1,430 Points
The Greek stock market experienced a new downturn following a similar movement at the end of the previous week. The initial rise to around 1,440 points was followed by a shift in investor sentiment, with Athens failing to align with the positive mood of European markets. However, the losses did not cause concern as the support level at 1,430 points remained intact.
Bitcoin: “Flirting” with $65,000 after Fed rate cut signal
The US ETF Bitcoin has hit a seven-day net inflow streak.
The cryptocurrency gained 7,4% last week, the biggest gain for such a period since mid-July.
UBS: What drives the gold price higher
Swiss bank UBS believes gold is gearing up for its next upward move and although it has already reached record highs, investor positioning does not appear to be particularly high.
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Stocks end week with a mild drop
Greek stocks ended the week with a mild decline, going against the trend, as European markets and then Wall Street responded to the chairman of the Federal Reserve's remarks that there will be an interest rate cut in September.
The general index closed at 1,432.60, a 0.24% drop. During the session, it reached a high of 1,441.39 (+0.37%) and a low of 1,432.26 (-0.27%).
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Tilos: The coast guard who rescued the 50-day-old infant was moved – The refugee baby drank milk with seawater for three days
The rescue of little “Jonah”, the 50-day-old refugee boy who was rescued by coastguards in Tilos, quickly became known on the internet.
UN says malnutrition crisis worsening in Mideast, N Africa
The United Nations warned Monday of a "deepening crisis" of malnutrition in the Middle East and North Africa affecting a third of children.
"At least 77 million - or 1 in 3 - children in the Middle East and North Africa (MENA) have some form of malnutrition," the U.N. children's agency UNICEF said in a statement.
Asian markets surge on strong US consumer data
Japanese stocks surged and markets across Asia started strong on Friday, tracking substantial gains on Wall Street after encouraging U.S. retail sales data reassured investors about the health of the world's biggest economy.
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Good day for markets across Europe
European stocks added to their gains Thursday, encouraged by data on US retail sales in July, which fended off worries about a recession in the world's largest economy.
The pan-European STOXX 600 index gained 1.15%, a near-15-day high, reversing its downward trend.
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