Finance
CBOT agricultural futures rally on demand

CHICAGO, Oct. 23 (Xinhua) — CBOT agricultural futures rallied in the past week on rising market demand worldwide, Chicago-based research company AgResource noted. AgResource maintains bullish outlook for agricultural futures as investment flowing into raw materials may increase into early 2022 and inflationary pressures are building. December corn rallied to a two-week high as market […]

Updated: Oct 23, 2021
U.S. stocks end mixed as communication services sector lags

NEW YORK, Oct. 22 (Xinhua) — U.S. stocks finished mixed on Friday amid overall weakness in the communication services sector. The Dow Jones Industrial Average rose 73.94 points, or 0.21 percent, to 35,677.02. The S&P 500 fell 4.88 points, or 0.11 percent, to 4,544.90. The Nasdaq Composite Index decreased 125.50 points, or 0.82 percent, to […]

Updated: Oct 22, 2021
U.S. stocks in disarray, IBM dives, dollar gains

NEW YORK, New York – U.S. stocks were mixed on Thursday with the technology sector forging ahead, while industrials lagged. “For the most part you’re dealing with a slightly risk-off day with people going back to more defensive sectors” including big technology companies, Chris Zaccarelli, chief investment officer at Independent Advisor Alliance in Charlotte, North […]

Updated: Oct 21, 2021
Wall Street rally rages on, Dow Jones hits new intraday high

NEW YORK, New York – Industrial stocks were all the rage on U.S. markets on Wednesday with the Dow Jones hitting a new intraday high. “Earnings is boosting sentiment and we’ll know more in two weeks… we’re going to hear more about supply chain issues, wage growth and costs, etc. So far we haven’t heard […]

Updated: Oct 20, 2021
U.S. stocks rally continues, Dow Jones adds another 199 points

NEW YORK, New York – U.S. stocks shot higher on Tuesday on the back of strong earnings reports, particularly from Johnson & Johnson and Travelers Cos Inc., Murmurs about inflation from Fed officials failed to move markets. “Every inflation warning from corporate America was somewhat expected, so markets won’t get unnerved unless they start to […]

Updated: Oct 19, 2021
Wall Street mixed, weighed down by slowing Chinese growth

NEW YORK, New York – Stocks were mixed in the United States on Monday as market participants weighed up a decline in economic growth in China, the world’s second-largest economy, against positive earnings reports. “The wall of earnings over the next two weeks will be key as to the market’s next move; a continuation of […]

Updated: Oct 18, 2021
Delhi Police arrests three for siphoning off loan amount from bank

New Delhi [India], October 17 (ANI): The Economic Offences Wing of Delhi Police has arrested three persons for allegedly siphoning off more than Rs 300 crores which they had taken as a loan from Yes Bank. The accused have been identified as Yateesh Wahaal, Satish Narula and Rahul Singh Yadav. A case was registered after […]

Updated: Oct 17, 2021
300,000 Americans resigned jobs in August during Delta surge

WASHINGTON D.C.: A recently released report has detailed how the August surge of the Covid Delta variant saw record numbers of Americans resign from their jobs. The Labor Department said resignations rose by 300,000 to 4.3 million in August, equivalent to 3 percent of the workforce, which was the highest number of unemployed since December […]

Updated: Oct 16, 2021
Global stock markets continue to rally, Dow jumps 382 points Friday

NEW YORK, New York – Demand for bank stocks and higher-than-expected retail sales bolstered Wall Street on Friday. “The economy continues to heal from the standpoint of bad debt and things like that are a bellwether of economic activity, so the banking system is in great shape and it is a great underpinning to the […]

Updated: Oct 15, 2021
Weekly storage of natural gas in U.S. up 2.46 pct: EIA

HOUSTON, Oct. 14 (Xinhua) — Working gas storage in the contiguous United States was 3,369 billion cubic feet (bcf) in the week ending Oct. 8, a net increase of 81 bcf, or 2.46 percent from the previous week, the U.S. Energy Information Administration (EIA) said Thursday in a report. Stocks were 501 bcf less than […]

Updated: Oct 14, 2021