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Colombia congressional committees approve debt ceiling increase to $17.6 billion

The Colombian Congress committees have approved an increase in the debt ceiling to $17.6 billion.

Colombian Congress Approves $17.6 Billion Debt Ceiling Increase The lower house and Senate committees of the Colombian Congress approved a request from President Gustavo Petro’s leftist government to increase the country’s debt ceiling to $17.6 billion. The move is aimed at financing development plans and meeting payment obligations. The votes come amid warnings from analysts

The Colombian Congress committees have approved an increase in the debt ceiling to $17.6 billion. Read More »

US stocks mostly higher as tech gains ahead of Fed meeting, inflation data

U.S. stocks were mostly higher Monday, as technology started the week on front foot just ahead of the Federal Reserve interest rate decision and inflation data due this week.  At 13:25 ET (17:25 GMT), Dow Jones Industrial Average fell 30 points, or 0.1%, S&P 500 dropped rose 0.1%, and NASDAQ Composite added 0.3%. Apple slips as annual developer conference gets underway; Nvidia

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Nonfarm payrolls, Nvidia, GameStop – what’s moving markets

  Focus on Nonfarm Payrolls as Investors Anticipate Fed Rate Cuts Thursday’s trading session will revolve around the highly anticipated U.S. nonfarm payrolls report, which investors hope will provide insight into when the Federal Reserve might begin cutting interest rates. 1. Nonfarm Payrolls Take Center Stage The spotlight is on the U.S. nonfarm payrolls report,

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APPLE

Morning Bid: New highs as Nvidia tops Apple, ECB and BoC easing

Tech-Led Surge Propels Nvidia to Second Most Valuable Company Wall Street’s tech-driven stock rally has propelled Nvidia (NASDAQ), now valued at $3 trillion, past Apple (NASDAQ) to become the world’s second most valuable company. This surge coincides with growing anticipation of interest rate cuts across the G7 nations. The European Central Bank (ECB) is expected

Morning Bid: New highs as Nvidia tops Apple, ECB and BoC easing Read More »

Oil stabilises as expectations of September U.S. rate cut temper stock builds

  Oil Prices Stabilize Amid Fed Rate Cut Expectations and Higher U.S. Inventories Oil prices remained stable on Thursday, buoyed by growing expectations of a U.S. Federal Reserve interest rate cut in September, which offset concerns over higher U.S. inventories and plans by OPEC+ to gradually increase supply. By 1005 GMT, Brent crude futures had

Oil stabilises as expectations of September U.S. rate cut temper stock builds Read More »

nvidia

Futures muted, Nvidia’s market cap jumps above $3 trillion – what’s moving markets

  1. Futures Muted U.S. stock futures showed minimal movement following Wednesday’s rally in the S&P 500 and Nasdaq Composite. By 03:28 ET (07:28 GMT), S&P 500 futures and Dow futures were largely unchanged, while Nasdaq 100 futures rose by 26 points, or 0.1%. The previous session saw the S&P 500 climb 1.18% to 5,354.03,

Futures muted, Nvidia’s market cap jumps above $3 trillion – what’s moving markets Read More »