Market Summary: December 11, 2024
Market Summary: December 11, 2024Key Highlights:S&P 500: Gained 0.8% as inflation data aligned with forecasts, boosting expectations of a Federal Reserve rate cut next week.Nasdaq Composite: ...
Market Summary: December 11, 2024Key Highlights:S&P 500: Gained 0.8% as inflation data aligned with forecasts, boosting expectations of a Federal Reserve rate cut next week.Nasdaq Composite: ...
Nasdaq Composite Hits 20,000 for the First TimeThe Nasdaq Composite index surpassed 20,000 points for the first time on Wednesday, driven by a rally in major tech stocks following inflation data that ...
Walgreens Stock Surges Amid Potential Sale TalksWalgreens Boots Alliance (WBA) shares soared on Tuesday following reports that the struggling pharmacy chain is in discussions to sell itself to private...
Bridging the Gap: NGX Chair Calls for More Nigerian Investors in the Capital Market Details:The Chairman of the Nigerian Exchange Group Plc, Umaru Kwairanga, has expressed concern over the low pa...
GameStop Posts Third-Quarter Profit Despite Revenue DeclineGameStop (GME) reported a third-quarter profit on Tuesday, surprising investors despite a decline in revenue compared to the same period last...
Caverton Partners Naval Dockyard to Boost Nigeria’s Shipbuilding Sector Details:In a groundbreaking move to advance Nigeria’s marine infrastructure, Caverton Marine Limited has signed a landm...
Tesla Stock Hits Three-Year High as Morgan Stanley Raises Price TargetKey Highlights:Tesla's shares soared to their highest level in three years on Tuesday, fueled by a bullish outlook from Morgan Sta...
Trading Summary: December 10Major U.S. equities declined on Tuesday, extending a pause after last week's rally as investors braced for Wednesday's Consumer Price Index (CPI) report—a critical measur...
Super Micro Stock Falls Over 8% Amid Nasdaq 100 Delisting ConcernsSuper Micro Computer (SMCI) saw its shares tumble over 8% on Tuesday, as speculation mounted about its potential removal from the...
Seplat Energy Publishes Prospectus for Acquisition of Mobil Producing Nigeria Unlimited (MPNU)Key AnnouncementOn 9 December 2024, Seplat Energy Plc, a leading Nigerian energy company listed on both th...