Asia-Pacific markets trade mixed following a quiet Wall Street

Sri Lanka’s central bank governor sees country’s inflation peaking around 60% Inflation in Sri Lanka will peak of just above 60% in September, central bank governor Nandalal Weerasinghe told CNBC’s “Squawk Box Asia” — a shift from his previous forecast last month. The central bank held rates steady Thursday on cautious optimism on the defaulted … Read more

Dow Jones Futures: Market Rally Retreats, BBBY Stock Dives On This; Time To Bite Into Apple Stock?

Dow Jones futures fell slightly overnight, along with S&P 500 futures and Nasdaq futures, with Cisco earnings and BBBY stock news in focus. X The stock market rally pulled back Wednesday amid key resistance. The major indexes initially pared losses following the release of Fed minutes from the July 27-28 meeting, but faded again by … Read more

Professional Speaker Market 2021-2026, New Product Launches to Boost Growth

NEW YORK, Aug 16, 2022 /PRNewswire/ — The professional speaker market size is expected to grow by USD 543.74 million during 2021-2026, at a CAGR of 4.36% during the forecast period, according to Technavio. Attractive Opportunities in Professional Speaker Market by Type and Geography – Forecast and Analysis 2022-2026 The market is fragmented, and the … Read more

Mismatch between purchasing power and market prices making houses unaffordable

PETALING JAYA: Malaysians are hardpressed to purchase a house today as prices, particularly those of affordable homes, have outpaced incomes. It will take an average of 44 years to repay a housing mortgage of RM400,000. This is based on the assumption that the mortgage installation is RM750 per month inclusive of interest and the person … Read more

Why stock market bulls are cheering the S&P 500’s close above 4,231

The S&P 500 index on Friday finished above a chart level that delivered a dose of encouragement to stock-market bulls arguing that the US bear-market bottom is in, though technical analysts warned that it might not be a signal to go all in on equities . The S&P 500 SPX, +1.73% on Friday rose 1.7% … Read more

Dow Jones Futures: Market Rally Fades But This Sector Leads; Tesla Leads 5 Stocks Near Buy Points

Dow Jones futures rose slightly late Thursday, along with S&P 500 futures and Nasdaq futures. The stock market rally came off Thursday morning highs as the major indexes neared fresh resistance levels, while energy prices and Treasury yields picked up. X Shares of Rivian (RIVN) fell more than 2% overnight after the EV startup reported … Read more

Dow Jones Futures: Inflation Report Looms For Market Rally; Elon Musk Sells More Tesla Stock

Dow Jones futures tilted higher overnight, along with S&P 500 futures and Nasdaq futures, with the July CPI inflation report on tap before Wednesday’s open. Elon Musk sold $6.9 billion worth of Tesla stock in the past three trading sessions. X The stock market rally lost ground, pulling back from resistance levels as Micron Technology … Read more