Friday’s Stocks Rally, But Face Weekly Decline: Get the Full Scoop Inside!
Stocks experienced a slightly higher close on Friday despite choppy sessions, with major indexes encountering minimal weekly declines as investors analyzed corporate earnings and the country’s economic outlook. The Dow Jones Industrial Average (DJIA) rose approximately 22 points, or 0.1%, ending the week close to 33,809. Meanwhile, the S&P 500 (SPX) and the Nasdaq Composite […]
“USD/JPY Bounces Back Above 131.00 Despite Lower Yields and Recession Fears”
USD/JPY is currently consolidating intraday losses around 131.20 as the US Dollar defends the previous day’s rebound from a two-month low heading into Thursday’s European session. However, the Yen pair remains on track to reverse last week’s gains amid downbeat Treasury bond yields. A possible monetary policy divergence between the Bank of Japan (BoJ) and […]