Dow Jumps 650+ Points in Market Rebound but Suffers Worst Weekly Loss Since 2023
Stock Market Recovers but Posts Heavy Weekly Losses The Dow Jones Industrial Average surged 674.62 points (1.65%) on Friday, closing at 41,488.19 as investors took a breather from tariff concerns. The S&P 500 jumped 2.13% to 5,638.94, while the Nasdaq Composite soared 2.61% to end at 17,754.09. This marked the best trading day in 2025 […]
Dollar General & Dollar Tree Stocks Rise as Consumers Shift to Low-Cost Shopping
Strong Earnings Boost Dollar General Stock Dollar General (DG) saw a 7% surge in stock price after reporting better-than-expected earnings, revenue, and same-store sales growth for its fiscal fourth quarter. Despite ongoing economic challenges, bargain-hunting consumers continue to drive sales at dollar-store chains. On Thursday, before the market opened, Dollar General exceeded Wall Street expectations […]
Stock Market Drops as Recession Fears Rise: Tesla, Nvidia, and Palantir Take Major Losses
Stock Market Today: Dow Tumbles 890 Points as Recession Fears Grow The Dow Jones Industrial Average plunged 890 points (-2.1%) on Monday, while the Nasdaq composite plummeted 4% (-728 points), extending its 2025 losses past 10%. The S&P 500 also slid 2.7%, with tech and consumer discretionary stocks hit hardest. Market Sell-Off: Nvidia, Tesla, Palantir […]
America’s Economy Under Pressure: The Impact of Trump’s Policies on Growth and Stability
Economic Slowdown: Signs of Trouble The U.S. economy has experienced nearly five years of steady growth, but warning signs are now emerging. Layoffs are rising, hiring is slowing, inflation is accelerating, and consumer confidence is declining. While some of these challenges would have appeared under any administration, President Donald Trump’s economic policies are making them […]
India’s Services Sector Sees Strong Growth in February, Driven by High Demand
India’s Economy Expands with Robust Growth India’s services sector growth surged in February, supported by rising demand and a positive business outlook. This strong performance led to a significant increase in hiring and a sharp rise in foreign orders, marking a recovery from January’s slowdown. India’s GDP Growth Strengthened by Government & Consumer Spending As […]
Dow Drops 650 Points as Trump’s Tariffs Spark Economic Concerns
Stock Market Plunges as Trump Confirms Tariff Implementation The U.S. stock market tumbled on Monday as President Donald Trump announced that new tariffs on Canada and Mexico would take effect within hours. The S&P 500 fell 1.8%, erasing more gains from its post-election rally, while the Dow Jones Industrial Average dropped 649 points (1.5%), and […]
Nippon Steel Advances US Steel Acquisition Despite Political and Union Resistance
Nippon Steel remains determined to acquire US Steel, despite former President Donald Trump’s recent statements suggesting the Japanese company had abandoned its plan in favor of a simple investment. Earlier this month, after a meeting with Japanese Prime Minister Shigeru Ishiba, Trump claimed that Nippon was no longer pursuing a takeover of US Steel but […]
Essential Guide to Filing Your First UAE Corporate Tax Return
Filing your first UAE Corporate Tax (CT) return requires a clear understanding of tax regulations, accounting standards, and financial reporting. Businesses must ensure compliance to avoid penalties and streamline the tax filing process. 1. Compliance with IFRS and IFRS for SMEs As per Ministerial Decision No. 114 of 2023, businesses must prepare their financial statements […]
Apple Announces $500 Billion Investment in US to Counter China Tariffs
Major Investment to Boost US Manufacturing Apple has announced a $500 billion investment to expand its manufacturing facilities in the United States over the next four years. This move aims to strengthen its US operations and reduce the impact of new tariffs on Chinese imports. The company also confirmed that this expansion will create 20,000 […]
Pakistan Stock Exchange Surges Past 90,000 Points, Setting a New Market Record
The Pakistan Stock Exchange (PSX) has reached a historic high, with the KSE-100 index surpassing 90,000 points during intraday trading. This record-breaking surge highlights strong investor confidence, economic recovery, and positive market momentum. Why is PSX Rising? 1. Increased Investor Confidence Investors are showing renewed trust in the Pakistani economy, driven by stable government policies, […]