Wall Street's major indexes opened in the red on Tuesday as caution set in ahead of the Federal Reserve's interest rate decision later this week.
Strong U.S. retail sales data released earlier highlighted consumer resilience, prompting investor concerns over the central bank's next steps.
The Dow Jones Industrial Average fell 61.0 points, or 0.14%, to 43,656.47 shortly after the opening bell.
The S&P 500 dropped 21.5 points, or 0.35%, to 6,052.55, while the Nasdaq Composite slipped 78.3 points, or 0.39%, to 20,095.61.
The U.S. dollar held close to a three-week peak against major currencies on Monday, as investors braced for a slew of central bank decisions expected this week. Markets are all but certain that the Federal Reserve will cut interest rates by 25 basis points on Wednesday, while also signaling a slower
Chad's foreign ministry has announced plans to assert its sovereignty and redefine strategic partnerships, following France's troop withdrawals from Mali, Niger, and Burkina Faso. Chad hosts 1,000 French troops and various military assets for security cooperation.
“Azerbaijan has created a platform, and we are a bridge between the parties. And now it's up to all of us together to make that happen,” UN High-Level Climate Champion, Nigar Arpadarai, tells AnewZ in an exclusive interview ahead of COP29 in Baku.
Boeing is working to strengthen its finances,announcing plans to raise up to $25 billion through stock and debt offerings and securing a $10 billion credit agreement with major lenders
The French overseas territory of Mayotte is grappling with widespread destruction in the aftermath of Cyclone Chido, described as the strongest storm to hit the archipelago in over 90 years. Striking over the weekend, the cyclone raised concerns about disaster preparedness and response efforts.
The UN has called for an inclusive political transition in Syria, stressing that progress in this area is critical for securing the economic aid needed to rebuild the war-torn country. UN special envoy Geir Pedersen emphasized that inclusive political transition in Syria is crucial.
Luigi Mangione, 26, was indicted for the murder of UnitedHealth Group executive Brian Thompson, charged with first-degree murder and terrorism. Prosecutors say the killing was a planned act to "sow terror," sparking outrage over healthcare costs and access in the U.S.
Israeli troops intensified operations in the U.N.-monitored buffer zone between Syria and the Golan Heights, responding to ongoing security threats and strategic changes following the recent ousting of Syrian President Bashar al-Assad.
Venezuela launches underwater coral farms in a groundbreaking effort to combat climate change and restore marine ecosystems affected by global warming, acidification, and disease.
Negotiations at COP29 in Baku face a critical impasse as sharp divisions over climate finance and fossil fuel commitments threaten progress.
"Come up with the video in its full form," demands the COP29 CEO, Elnur Soltanov, in an exclusive interview with AnewZ. The chief executive has broken his silence on the claims he was using his position to organise potential fossil fuel deals.
TikTok urges the US Supreme Court to block a looming ban, arguing the law violates free speech, as ByteDance faces a 19 January deadline to divest the app or face shutdown.
The U.S. dollar held close to a three-week peak against major currencies on Monday, as investors braced for a slew of central bank decisions expected this week. Markets are all but certain that the Federal Reserve will cut interest rates by 25 basis points on Wednesday, while also signaling a slower
Tesla CEO Elon Musk has reached another major milestone, with his net worth surpassing $400 billion. This achievement comes on the back of a significant rise in Tesla's stock this year and the growing valuation of his space exploration company, SpaceX.
U.S. small-business confidence reached its highest level in nearly 3-1/2 years in November, driven by post-election euphoria. According to the National Federation of Independent Business (NFIB), the Small Business Optimism Index surged as owners became more optimistic about the economy and expansion
The French overseas territory of Mayotte is grappling with widespread destruction in the aftermath of Cyclone Chido, described as the strongest storm to hit the archipelago in over 90 years. Striking over the weekend, the cyclone raised concerns about disaster preparedness and response efforts.
The UN has called for an inclusive political transition in Syria, stressing that progress in this area is critical for securing the economic aid needed to rebuild the war-torn country. UN special envoy Geir Pedersen emphasized that inclusive political transition in Syria is crucial.
Luigi Mangione, 26, was indicted for the murder of UnitedHealth Group executive Brian Thompson, charged with first-degree murder and terrorism. Prosecutors say the killing was a planned act to "sow terror," sparking outrage over healthcare costs and access in the U.S.
Israeli troops intensified operations in the U.N.-monitored buffer zone between Syria and the Golan Heights, responding to ongoing security threats and strategic changes following the recent ousting of Syrian President Bashar al-Assad.
Venezuela launches underwater coral farms in a groundbreaking effort to combat climate change and restore marine ecosystems affected by global warming, acidification, and disease.
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