Wall Street
US: Dow closes above 50,000, Nvidia soars as traders focus on AI spending
[SAN FRANCISCO] The Dow Jones Industrial Average blew past the historic 50,000 mark on Friday (Feb 6) and the S&P 500 ended sharply higher, as Nvidia and other chipmakers soared and Amazon tumbled aft...
Goldman, JPMorgan and Bank of America boost banker, trader bonus pools by at least 10%
The payouts reflect a strong year for the US largest banks
Sell America is the new trade on Wall Street
A NEW investment thesis has spread through global markets at the start of 2026, as trading strategies long built on the primacy of the United States now opt for a new approach: Sell America.
STI breaches 4,900; DBS, OCBC, UOL, Jardine Matheson end at record highs
The benchmark index rises 1.3% or 62.09 points to 4,923.02
Goldman’s CEO sees ‘slower’ trajectory for talent growth
This comes even as he makes an upbeat call on global markets as a de-regulatory tone boosts optimism
Wall Street grapples with new risk: A European buyers’ strike
Money managers have been increasingly fielding inquiries from European clients about ways to at least lighten up on US assets
Wall Street axed 10,600 jobs in 2025, most since 2016
Wells Fargo cuts its headcount by the most – 12,000; Goldman grows its staff strength by 2%
How Wall Street turned its back on climate change
Six years after the financial industry pledged to use trillions to fight climate change and reshape finance, its efforts have largely collapsed
Singapore shares edge lower at Thursday’s open; STI dips 0.1%
Investors continue to wait in uncertainty after the US Supreme Court did not issue a ruling on the challenges to ‘Liberation Day’ tariffs
Wall Street homebuyers plan counter-offer after Trump threat
Trump administration would restrict future purchases without forcing companies to divest their current holdings
