Articles

  • 5 days ago | businesslive.co.za | Suzanne McGee |Saqib Ahmed |Lewis Krauskopf

    New York — A US attack on Iranian nuclear sites could push oil prices higher and trigger a knee-jerk rush to safety, investors said, as they assessed how the latest escalation of tensions would ripple through the global economy. The reaction in Middle East stock markets, which trade on Sunday, suggested investors were assuming a benign outcome, even as Iran intensified its missile attacks on Israel in response to the sudden, deep US involvement in the conflict.

  • 2 months ago | businesslive.co.za | Suzanne McGee |Saqib Ahmed

    New York — A bruising rollercoaster ride for markets in the first 100 days of the Trump administration has seen some investors move away from American assets, but it remains to be seen whether policies have caused a sustained shift away from the US. The market has seen significant rallies fuelled in part by trade negotiation optimism, but investors remain concerned about the longevity and strength of any bounce-back in asset prices.

  • 2 months ago | newsbulletin247.com | Suzanne McGee |Sinead Carew

    by Suzanne McGee and Sinéad Carew(Reuters) – Futures in New York indices opened up sharply on Sunday evening, suggesting that the heavy fall in the main Wall Street indices on Monday occurred on last week following customs duties announced by the administration of US President Donald Trump.

  • 2 months ago | marketscreener.com | Zaheer Kachwala |Medha Singh |Suzanne McGee

    (Reuters) -Shares of conservative news outlet Newsmax soared another 180% on Tuesday, extending their eye-popping gains a day after a stellar debut on the New York Stock Exchange. The stock has been popular with retail investors, remaining the top trending ticker on retail investor-focused social media stocktwits.com since its debut, which traders said parallels the pattern of other hotly-traded retail favorites, known as meme stocks.

  • Feb 12, 2025 | businesslive.co.za | Niket Nishant |Suzanne McGee

    New York — The New York Stock Exchange (NYSE) announced on Wednesday it will open an exchange in Texas, increasing competition among listing venues in the state. Several high-profile firms, including Elon Musk’s Tesla and SpaceX, have relocated their headquarters to Texas, attracted by the state’s perceived favourable legal and regulatory environment.

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