U.S. stocks declined on Wednesday as investors reacted to unexpectedly high U.S. inflation data for January, which dampened expectations of Federal Reserve interest rate cuts. The Dow Jones Industrial Average dropped over 0.8%, while the...
Tag : Stock Market
MENA Newswire News Desk: The Central Bank of Egypt has announced plans to offer a portion of United Bank’s shares on the Egyptian Stock Exchange. The offering, intended to expand investor participation, is expected to...
MENA Newswire News Desk: The Federal Reserve on Wednesday cut its benchmark interest rate by half a percentage point, marking the first reduction since the Covid pandemic. The Federal Open Market Committee’s decision to lower...
Apple Inc. made history yet again, achieving a market capitalization of $3 trillion on Friday, marking another significant milestone in the company's growth. This is a testament to the robust investor confidence in Apple’s diverse...