AFP Asia Business
Global markets rode AI, interest rate roller coaster in 2024
Despite political upheavals, stock markets and bitcoin smashed records in 2024, fuelled by investor enthusiasm for Artificial Intelligence (AI), falling interest rates, and hopes of tax cuts.Here are four of the most remarkable aspects of 2024 for financial markets:- Stock records fall like dominoes -Wall Street’s three main stock indices blew past record highs to set …
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US stocks slip as European markets ring out year with gains
Wall Street stocks slid Tuesday to close the year on a gloomy note but Europe’s main stock markets advanced, as all eyes turn to 2025 and the impact that the policies of US President-elect Donald Trump will have on the global economy.After dropping more than one percent on Monday as investors booked profits and broke …
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US, European stock markets look to ring out year with gains
Wall Street stocks moved higher on Tuesday, looking to ring out the year with gains as did Europe’s main stock markets, as all eyes turn to 2025 and the impact that the policies of US President-elect Donald Trump will have on the global economy.After dropping more than one percent on Monday as investors booked profits …
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European stock markets end year with gains
Europe’s main stock markets ended the year Tuesday with solid gains, as all eyes turn to 2025 and the impact that the policies of US president-elect Donald Trump will have on the global economy.London’s benchmark FTSE 100 index closed up 0.6 percent and the Paris CAC 40 rallied 0.9 percent in a shortened trading day. Over …