U.S. GDP, Nvidia optimism, Alibaba earnings - what's moving markets

China's Oil Demand Recovery Remains Mixed Despite Full Economic Reopening

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📚 Daily Digest  |  Thursday, Feb 23, 2023     U.S. GDP, Nvidia optimism, Alibaba earnings - what's moving markets   © Reuters. The U.S. publishes revised data for fourth quarter gross domestic product, a day after the Federal Reserve's minutes indicated frustration with markets trying to bounce it into an early pivot. Other central banks around the world are executing their own pivots, as Korea stops raising rates and Turkey cuts. Nvidia brings cheer to the chipmaking sector with a forecast of an AI-driven boom. Stocks are finding a floor after steady losses over the last week. Alibaba reports earnings. And crude oil prices edge higher despite another steep rise in U.S. inventories. Here's what you need to know in financial markets on Thursday, 23rd February Read More     Today's Top News Stock Market U.S. stocks wobble as rate fears outweigh strong earnings U.S. stocks are wobbling as fears about interest rates outweigh strong earnings led by chipmaker Nvidia. At 11:12 ET (16:12 GMT), the Dow Jones... Commodities U.S. crude stockpiles up 7.7M barrels last week, rising 9th week in row U.S. crude stockpiles rose for a nine straight week last week and nearly triple the forecast number, government data showed. U.S. crude... StockMarket Wayfair shares plunge on wider-than-expected loss Wayfair (NYSE:W) shares plummeted Thursday after the company reported a wider-than-expected loss in the fourth quarter. The e-commerce firm reported a loss of... Read More News » Today's Top Analysis     Feb 23, 2023 by Ellen R. Wald, Ph.D. China's Oil Demand Recovery Remains Mixed Despite Full Economic Reopening   by Ellen R. Wald, Ph.D.   |   Feb 23, 2023   Feb 23, 2023 by Fawad Razaqzada Gold: Key Levels to Watch   by Fawad Razaqzada  |   Feb 23, 2023   Feb 23, 2023 by Barani Krishnan/Investing.com Natural Gas: Where to After Snap of $2 Support?   by Barani Krishnan/Investing.com  |   Feb 23, 2023   Feb 23, 2023 by Jani Ziedins Are S&P 500 Bulls Losing the War?   by Jani Ziedins  |   Feb 23, 2023 Read More Analysis »

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