The Latest Breaking News on Markets

Asian shares have followed Wall Street and Europe lower, with markets jittery over the risk that the Federal Reserve and other central banks may end up bringing on recessions to get inflation under control

The Stock Exchange of Thailand (SET) and most Asian bourses sagged yesterday, tracking overnight declines on Wall Street, as the Federal Reserve reiterated that US interest rates next year will be higher than previous market estimates, raising fears of a recession.

Despite the aggressive rate hikes that plagued tech stocks since the start of the year, the software industry’s prospects look strong, thanks to rapid digitalization and demand for cloud-based solutions. While fundamentally strong software stocks Salesforce (CRM) and Mitek Systems (MITK) could be worth buying to capitalize on the industry’s…

US markets slumped a day after the Fed hiked rates — the biggest daily percentage drop in three months — but the ASX did not suffer as badly. See how the day's events unfolded in our markets blog.

Even though easing inflation is raising consumer optimism, the Fed expects rate hikes to continue into next year. Amid this backdrop, investors could consider buying quality penny stocks trivago (TRVG), Yiren Digital (YRD), and Good Times Restaurants (GTIM), which are trading under $4, instead of the pricey names. Read on….

Asian shares have skidded after a retreat on Wall Street as markets showed dismay over the Federal Reserve's warning that more interest rate hikes are in store following its latest increase

Fed chair Jerome Powell signalled further pain was in store for the stock market as inflation remains stubbornly high

Markets breathed a sigh of relief with November's better-than-expected inflation data. However, since the market volatility is expected to be around for a while, investing in dividend stocks could help generate stable income. Therefore, investors might consider adding cheap yet fundamentally sound dividend-paying stocks ARC Document Solutions (ARC) and LSI…

While markets widely expect a smaller pace of rate hike amid the cooling inflationary pressures, inflation is still at a multi-decade high level, and the economic uncertainties are expected to linger. Therefore, investing in fundamentally sound dividend-paying stocks BHP Group (BHP), Honda Motor (HMC), and Karooooo (KARO) could be wise.…

OPEC on Tuesday said it expected to see robust global oil demand growth in 2023 with potential economic upside coming from a relaxation of China's zero-COVID policies, which this year have pushed the country's oil use into contraction for the first time in years. World oil demand in 2023 will…

Bulls had to slow their roll on Tuesday as the immediate +3.5% rally was shaved by 80% into the close. Why did the rally fritter away? And what does it mean next for the stock market (SPY) going forward? 40 year veteran Steve Reitmeister shares his timely market outlook, trading…