The battle for the future of the US economy is being led by technology stocks!
The Nasdaq 100 Index outperformed, and the Stoxx 600 Index gained more than 1%, with technology stocks leading the way after a decline. Stockholders appeared to shake off inflation concerns that had frightened markets as new signs of skyrocketing inflation emerged. A commodity index hit a two-year high as copper prices surpassed $10,000 per tonne […]
MIDEAST STOCKS Most major Gulf markets rise; Qatar dips
Most major stock markets in the Gulf rose in early trade on Sunday, with property shares boosting the Dubai index, although Qatar bucked the trend to trade lower. Saudi Arabia’s benchmark index (.TASI) added 0.6%, with Al Rajhi Bank (1120.SE) rising 1.4% and SABIC Agri-Nutrients Co (2020.SE) advancing 3.9%. Elsewhere, Bank Albilad (1140.SE) climbed 1%, as the lender completed a 3 billion riyal […]
