Business Bible News Market Minute

This is a Business Bible News Market Minute for Friday March 6 at 3:00 PM Eastern Time. According to Bloomberg, US employers unexpectedly cut 92,000 jobs in February and the unemployment rate rose, pointing to lingering fragility in a labor market that was thought to be stabilizing. Global markets are mixed today. In overseas trading, the Nikkei is up 398 points. The Dow is down 418 points to 47,5...

This is a Business Bible News Market Minute for Friday March 6 at 11:00 AM Eastern Time. According to Bloomberg, maritime traffic in the Strait of Hormuz has ground to a near-complete halt, with no oil shipments going through in the past 24 hours, as the Middle East war disrupts the vital waterway. Global markets are mixed today. In overseas trading, the Nikkei is up 398 points. The Dow is down 49...

This is a Business Bible News Market Minute for Friday March 6 at 8:30 AM Eastern Time. According to Investor's Business Daily, chipmaker Marvell narrowly beats analyst estimates for its fiscal Q4 and guides modestly higher for the current period, resulting in a jump in MRVL stock. Global markets are mixed today. In overseas trading, the Nikkei is up 398 points. The Dow is down 791 points to...

This is a Business Bible News Market Minute for Friday March 6 at 5:00 PM Eastern Time. According to Bloomberg, Asian stocks are anticipated to fall as the ongoing conflict in the Middle East keeps markets volatile, with oil climbing amid these tensions. Global markets are mixed today. In overseas trading, the Nikkei is up 398 points. The Dow is down 791 points to 47,947. Oil is trading at $84 per...

This is a Business Bible News Market Minute for Thursday March 5 at 3:00 PM Eastern Time. According to Bloomberg, stocks are facing pressure as the U.S. considers implementing permits for artificial intelligence semiconductor sales, alongside rising oil prices which have topped $80. Global markets are down today. In overseas trading, the Nikkei is up 1,024 points. The Dow is the largest mover amon...

This is a Business Bible News Market Minute for Thursday March 5 at 11:00 AM Eastern Time. According to Bloomberg, the war in Iran is forcing investors to reevaluate one of their most profitable stock strategies, leading some to conclude that the 'Sell America, Buy Asia' trade has reached an inflection point. Global markets are mixed today. In overseas trading, the Nikkei is up 1,024 poi...

This is a Business Bible News Market Minute for Thursday March 5 at 8:30 AM Eastern Time. According to Bloomberg, concerns surrounding interest rate hikes continue to influence investor sentiment, causing fluctuations across major indices. Global markets are up today. In overseas trading, the Nikkei is up 1,024 points. The Nasdaq is the largest mover, up 288 points to 22,805. Oil is trading at $76...

This is a Business Bible News Market Minute for Thursday March 5 at 5:00 PM Eastern Time. According to Bloomberg, Asian equities rebounded, with South Korea leading gains after its worst rout on record, as sentiment showed signs of a recovery following an initial bout of volatility sparked by the Middle East conflict. Global markets are up today. In overseas trading, the Nikkei is up 1,024 points....

This is a Business Bible News Market Minute for Wednesday March 4 at 3:00 PM Eastern Time. According to Bloomberg, Goldman Sachs Group Inc. strategists advise investors to view any corrections in equity markets as opportunities to buy rather than indications of a bear market. Global markets today are mixed. In overseas trading, the Nikkei is down 2,101 points. The Nasdaq is the largest mover today...

This is a Business Bible News Market Minute for Wednesday March 4 at 11:00 AM Eastern Time. According to Bloomberg, market volatility continues as investors grapple with shifting economic indicators. Global markets are down today. In overseas trading, the Nikkei is down 2,101 points. The Dow is the largest mover in U.S. markets, up 321 points to 48,823. Oil is trading at $74 per barrel while gold...

This is a Business Bible News Market Minute for Wednesday March 4 at 8:30 AM Eastern Time. According to Bloomberg, the ongoing conflict in Iran has led to a rout in emerging markets, though some recovery was noted in Eastern European assets and stock markets in South Africa and Saudi Arabia after news of indirect communication from Iranian officials to the United States to resolve the situation. G...

This is a Business Bible News Market Minute for Wednesday March 4 at 5:00 PM Eastern Time. According to Bloomberg, Goldman Sachs Group Inc. Chairman David Solomon expressed surprise at the 'benign' reaction in financial markets to the Middle East conflict, noting that it will take weeks to fully understand the implications. Global markets are down today. In overseas trading, the Nikkei i...

This is a Business Bible News Market Minute for Tuesday March 3 at 3:00 PM Eastern Time. According to Bloomberg, Trump’s war on Iran has traders staring down an energy crisis, with limited oil price surges indicating that traders are betting on a short conflict, while a lengthy disruption threatens to cause chaos across markets. Global markets are down today. In overseas trading, the Nikkei is dow...

This is a Business Bible News Market Minute for Tuesday March 3 at 11:00 AM Eastern Time. According to Bloomberg, Fitch Ratings has downgraded Paramount Skydance Corp.’s corporate and long-term borrower ratings to junk following its agreement to buy Warner Bros. Discovery Inc., a deal that will burden the combined business with $79B in net debt. Global markets are down today. In overseas trading,...

This is a Business Bible News Market Minute for Tuesday March 3 at 8:30 AM Eastern Time. According to Bloomberg, Fitch Ratings has downgraded Paramount Skydance Corporation’s corporate and long-term borrower ratings to junk following the media company’s agreement to purchase Warner Bros. Discovery Incorporated, a deal that will burden the combined entity with $79B in net debt. Global markets are d...

This is a Business Bible News Market Minute for Tuesday March 3 at 5:00 PM Eastern Time. According to Bloomberg, stock losses deepened and bonds got sold off as Iran stepped up its attacks on the US and its allies in the Middle East, pushing oil prices higher and fueling inflation concerns. The dollar strengthened. Global markets are down today. In overseas trading, the Nikkei is down 1,901 points...

This is a Business Bible News Market Minute for Monday March 2 at 3:00 PM Eastern Time. According to Bloomberg, energy stocks are in focus as global equity traders brace for the impact of the conflict in the Middle East, leading to declines in shares of airlines, cruise operators, and hotels, while energy and defense stocks see a rise. Global markets are mixed today. In overseas trading, the Nikke...

This is a Business Bible News Market Minute for Monday March 2 at 11:00 AM Eastern Time. According to Bloomberg, Stocks tumbled and the dollar rallied as military strikes intensified across the Middle East, sending oil to its biggest surge in 4 years and stoking concern that faster inflation could weigh on the global economy. Global markets are down today. In overseas trading, the Nikkei is down 9...

This is a Business Bible News Market Minute for Monday March 2 at 8:30 AM Eastern Time. According to Bloomberg, Stocks tumbled and the dollar rallied as military strikes intensified across the Middle East, sending oil to its biggest surge in 4 years and stoking concern that faster inflation could weigh on the global economy. Global markets are down today. In overseas trading, the Nikkei is down 95...

This is a Business Bible News Market Minute for Monday March 2 at 5:00 PM Eastern Time. According to Bloomberg, stocks extended their losses and oil prices surged as conflict in the Middle East affected global markets, prompting a widespread retreat from risk assets. Global markets are down today. In overseas trading, the Nikkei is down 951 points. The Dow is down 523 points to 48,975. Oil is trad...

This is a Business Bible News Market Minute for Friday February 27 at 3:00 PM Eastern Time. According to Investor's Business Daily, Nvidia stock drops despite a bullish Q4 report, attributed to concerns over artificial intelligence. Global markets are mixed today. In overseas trading, the FTSE is up 76 points. The Dow is down 719 points to 48,779. Oil is trading at $67 per barrel while gold i...

This is a Business Bible News Market Minute for Friday, February 27 at 11:00 AM Eastern Time. According to Investor's Business Daily, Dow Jones futures are falling as fears surrounding artificial intelligence impact the S&P 500, with companies like Block, Netflix, and Applied Optoelectronics leading early movers. Global markets are down today. In overseas trading, the FTSE is up 60 points...

This is a Business Bible News Market Minute for Friday February 27 at 8:30 AM Eastern Time. According to Investor's Business Daily, CoreWeave stock fell after the cloud computing services provider reported a wider-than-expected loss while revenue slightly topped estimates. Global markets are mixed today. In overseas trading, the FTSE is up 57 points. The Nasdaq is down 273 points to 22,878. O...

This is a Business Bible News Market Minute for Friday February 27 at 5:00 PM Eastern Time. According to Bloomberg, the S&P 500 is poised for a monthly loss amid concerns of a bubble in the artificial intelligence sector and its potential disruptive effects in technology. Global markets are mixed today. In overseas trading, the DAX is up 60 points. The Nasdaq moved the most, down 273 points to...

This is a Business Bible News Market Minute for Thursday February 26 at 3:00 PM Eastern Time. According to Bloomberg, construction of new data centers in the US fell for the first time since 2020 despite soaring demand for artificial intelligence computing capacity, as developers face delays in permitting, zoning and power procurement. Global markets are mixed today. In overseas trading, the Nikke...