Dec 27, 2023
World stocks at highest in over a year on rate cut bets

By Koh Gui Qing and Dhara Ranasinghe NEW YORK/LONDON (Reuters) -World stocks rallied to their highest level in more than a year on Wednesday, while the U.S. dollar hit a five-month low, as expectations mounted that key central banks such…

Dec 26, 2023
Global stocks edge up, dollar holds near 5-month low

By Koh Gui Qing and Ankur Banerjee NEW YORK/SINGAPORE (Reuters) -Global stocks crept higher on Tuesday and the dollar lingered near a five-month low as investors held fast to bets that cooling U.S. inflation will lead the Federal Reserve to…

Dec 26, 2023
Oil jumps over 2% amid Red Sea vessel attacks, rate cut hopes

By Arathy Somasekhar and Georgina McCartney HOUSTON (Reuters) -Oil climbed more than 2% on Tuesday to its highest level this month, as further attacks on ships in the Red Sea prompted fears of shipping disruptions and on hopes of interest…

Dec 26, 2023
US holiday retail sales grow 3.1%, down from prior year -Mastercard

(Reuters) -U.S. retail sales rose 3.1% between Nov. 1 and Dec. 24, as shoppers looked for last-minute Christmas deals amid big promotions, a Mastercard report showed on Tuesday. The increase is lower than the 3.7% growth Mastercard forecast in September…