Utilities stocks have experienced an extraordinary rally throughout 2024, becoming one of Wall Street’s most talked-about trades of the year. But with valuations soaring and economic indicators shifting, some financial professionals are cautioning that the surge might have gone too far too fast. The Utilities Select Sector SPDR ETF (XLU),…
Gold and silver prices surged on Thursday after a mixed US inflation report paved the way for a volatile…
France has announced plans to sell €300 billion ($328 billion) in government bonds next year, surpassing the €285 billion…
In a significant shift to address South Korea’s lagging economy, the Bank of Korea has reduced its benchmark interest…
The 2024 hurricane season is underway, and experts are forecasting that it will be severe, as the frequency and…
Asian stocks showed a mixed performance on Friday, as Chinese markets slipped amid investor anticipation of a key policy…
Crude oil prices retreated on Friday, but are still on course for a second straight week of gains as…
Investors are eagerly awaiting new policies from Beijing this weekend, hoping they will help revive the country’s economy. China’s…
In recent months, rising tensions in the South China Sea have posed a significant threat to global shipping lanes.…