Markets refer to the structures or systems where buyers and sellers interact to exchange goods, services, or assets. They can operate in various forms, including physical locations like marketplaces and virtual platforms such as online trading websites. Markets facilitate commerce by establishing the mechanisms for price determination based on supply and demand dynamics. They can be categorized into different types, such as financial markets (for trading securities), labor markets (for employment), and consumer markets (for retail transactions). Markets play a crucial role in economies by enabling the allocation of resources, influencing production and consumption patterns, and driving innovation.
The stock market recently experienced a significant sell-off, largely due to DeepSeek's new AI model. Nvidia faced its largest single-day loss, dropping 17% and losing about $589 billion in market…
Gold and silver prices soared on Friday as investors eagerly anticipated Federal Reserve Chairman Jerome Powell's speech at the prestigious Jackson Hole Symposium. With gold surging nearly 1% and silver…