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Market News

Location American Market News for 7 October 2024

Activist Starboard Value Takes $1 Billion Stake in Pfizer

Wall Street Journal - 7 Oct 2024 02:00
The drugmaker's shares have slumped as demand for Covid-19 vaccines and treatments has slowed.
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Oil Falls; Sentiment Likely to Remain Weak

Wall Street Journal - 7 Oct 2024 02:51
Oil fell in early Asian trade. Sentiment will likely remain weak, given seasonal trends, while tensions in the Middle East will slightly offset this, ANZ said.
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Nikkei Rises 1.9%, Tracking Wall Street Gains

Wall Street Journal - 7 Oct 2024 02:23
Japan's Nikkei Stock Average rose 1.9% to 39379.84 in early trade, tracking Wall Street gains.
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Financial Services Roundup

Wall Street Journal - 7 Oct 2024 18:33
Find insights into Starboard Value, Nordic banks and more in the latest Market Talks covering the Financial Services sector.
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U.S. Natural Gas Futures Fall

Wall Street Journal - 7 Oct 2024 15:11
Natural gas futures fell as the market watches Hurricane Milton, which is seen reaching Florida's Gulf coast midweek as a major storm.
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Launches of active exchange-traded funds are outnumbering passive ones by about three to one. The performance record isn't great.
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Lessons in bank credit from Japan experience

livemint.com - 7 Oct 2024 12:25
Lessons in bank credit from Japan experience India's rising bank credit raises concerns about household leverage and asset inflation. Historical parallels with Japan's 1980s bubble highlight the need for cautious monetary policy and exchange rate management to aver...
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French holiday: A dream trip, but a costly splurge

livemint.com - 7 Oct 2024 12:23
French holiday: A dream trip, but a costly splurge From Paris to the French Riviera, a 10-day adventure through castles, vineyards, and iconic landmarks came with breathtaking views--and unexpected expenses.
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Bristol-Myers' newly approved schizophrenia treatment might be coming full circle.
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Changing Jobs Can Put a $300,000 Dent in Retirement Savings

Wall Street Journal - 7 Oct 2024 11:30
Workers who change jobs tend to reset their 401(k) accounts at a lower savings rate without realizing it. The drag can last years into the future.
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GIFT City isn't just for NRIs and foreigner investors--it has something for everyone Often perceived as catering only to non-resident Indian and foreign investors, India's international financial hub in Gujarat has plenty to offer resident Indian investors - and jobseekers - too.
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Portfolio Management Services: From benefits to types; all you need to know PMS are professional investment management services that help investors achieve financial goals through customized portfolios. They offer benefits like asset diversification, regulatory compliance, and real-time access, ...
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6 common myths about personal loans that could cost you money Personal loan: Common myths about personal loans include they can be used only for emergencies, it takes time to get them, they are expensive, they need a high credit score, only salaried people get them, etc.
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RBI Policy: Should you lock your money in an FD since the rate cut cycle to begin soon? RBI Policy: Investors ought to allocate only a small part of their portfolio to fixed deposits (FDs). Just because the interest rates are hovering at a high level, investors should not be tempted to allocate a higher pro...
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Personal loan: What are the key differences between secured and unsecured loans? Details here Personal loan: While personal loan is an unsecured loan, a secured loan typically is given for specific purposes such as to buy a car or a house and these assets are secured by the bank before the loan is disbursed
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The Singapore dollar weakened marginally against its U.S. counterpart in the Asian session on dimmer Fed rate-cut prospects.
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Gold Falls on Weaker Sentiment

Wall Street Journal - 7 Oct 2024 03:11
Gold edged lower in early Asian trade. Strong U.S. jobs data has lowered the pressure for bigger Fed rate cuts.
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JGBs Slip, Tracking Declines in U.S. Treasurys

Wall Street Journal - 7 Oct 2024 03:07
JGBs slip in the morning Tokyo session, tracking Friday's price declines in U.S. Treasurys spurred by the blockbuster U.S. jobs report that erased the probability of another large Fed rate cut next month.
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