Stocks Unfazed by Robust Consumer Confidence

Stocks Unfazed by Robust Consumer Confidence


  STOCK MARKET FORECAST: NASDAQ 100 STRUGGLING DESPITE BIG BEAT ON CONSUMER CONFIDENCE DATA The Nasdaq 100 is trading on its back foot so far this morning as major stock indices drop following the New York opening bell. Stock market selling pressure has been relatively modest, however, with the NasdaqRead More →

Asian markets rise, unfazed by yuan’s latest weakening


Asian markets rose in early trading Thursday, showing no significant reaction after China’s central bank set the yuan’s midpoint at its weakest level since 2008. The People’s Bank of China early Thursday set the yuan’s reference point at 7.0039 against one U.S. dollar. Still, it was not as weak asRead More →