NGX Market Report for Friday, January 17, 2025At the close of trading on Friday, January 17, 2025, the Nigerian Exchange (NGX) recorded a total of 327.84 million shares traded in 11,905 deals, with a ...
3 Stocks That Could Gain Big If TikTok Is Banned in the U.S.With reports suggesting TikTok could be removed from U.S. app stores as soon as Sunday, Wall Street analysts have identified three companies...
Economic News and Market Performance HighlightsU.S. retail sales grew slower than expected last month, impacted by a decline in the volatile building materials storessegment, according ...
S&P 500 Falls 0.21% to 5,937.34The S&P 500 dropped by 12.57 points, or 0.21%, to close at 5,937.34 during today's trading session.Key HighlightsLargest Decline: This marks the bigges...
Stock Market Summary for January 16th, 2025Key TakeawaysThe S&P 500 slipped 0.2%, losing steam after strong gains in the prior session fueled by earnings optimism and easing inflation concern...
Beverage and Food Sectors Dominate NGX with Combined Market Cap of N10.84tnDetailed Breakdown of Market ActivityMarket Overview• A total of 17 companies across diverse sectors contributed to a combi...
BlackRock Stock Climbs on Record Assets Under Management and Strong ResultsKey Takeaways:BlackRock’s assets under management (AUM) surged 15% year-over-year to a record $11.55 trillion.The asset man...
US Economic Data Highlights Inflation Concerns Amid Fed's PlansIn December, US consumer inflation accelerated on both a monthly and annual basis, although core inflation measures came in below Wall St...
Stock Market OverviewThe S&P 500 gained 1.8% to close at 5,949.9, buoyed by strong performances from the financial and technology sectors. The Nasdaq Composite advanced 2.5%&nb...
Economic and Corporate NewsInflation and Monetary Policy:The Labor Department reported that U.S. producer prices rose moderately in December, signaling easing inflationary pressures. However, this dat...