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...
Stock Market NewsThe U.S. stock market closed mixed on Tuesday as investors assessed inflation data and prepared for key earnings reports. While the S&P 500 and Dow Jones Industrial...
NGX Trading Summary for Tuesday, January 14, 2025The Nigerian Stock Exchange (NGX) experienced an active trading session today, with significant improvements in trading volumes and notable market move...
Nigerian Banks’ Market Capitalisation Reaches ₦7.90 TrillionDetailed BreakdownAs of Monday, January 13, 2025, the combined market capitalisation of 11 Nigerian banks reached an impressive ₦7.90 ...
Energy Stocks Surge in Early 2025 Despite Analyst CautionEnergy stocks are making a strong comeback in 2025, gaining over 5% year-to-date, significantly outpacing the S&P 500’s 1% decline. This ...