Latest Updates Around The World
Wall Street’s major indexes hit record highs on Monday as expectations of a US-China trade deal fueled risk-taking at the start of a week dominated by Big Tech gains and a likely Federal Reserve rate cut. US President Donald Trump and China’s Xi Jinping will meet on Thursday to decide the framework for a deal […]
Wall Street hit record highs on Friday, buoyed by cooler inflation data that reinforced expectations of faster rate cuts from the Federal Reserve, while Intel’s upbeat earnings kept momentum alive in AI-related stocks. Softer-than-expected inflation for September reinforced expectations that the Fed will cut rates again next week. Traders brought forward their forecasts, now anticipating […]
US shares hit records on Friday after the UN update on inflation turned out to be slightly less painful than feared. The S&P 500 rose 0.8% and was on track to surpass the all-time high reached earlier this month. The Dow Jones Industrial Average added 267 points, or 0.6%, also heading toward its own record, […]
Wall Street was largely subdued on Thursday as lackluster earnings from Tesla and IBM cast a shadow over risk appetite, while investors kept a close eye on simmering trade tensions between the US and China. Tesla’s third-quarter profit fell short of expectations, sending the stock down 5.3%. A sales decline offered little relief as Wall […]
File photo (Image credit: AP) US stocks are trading largely flat on Wednesday as investors await earnings results from electric carmaker Tesla, while gold prices continue their slide from record highs.The S&P 500 fell 0.1% in early trading, falling just short of its all-time high earlier this month, according to news agency AP. The Dow […]
Wall Street advanced Monday as investor concerns about the stability of regional banks eased, shifting attention to a wave of corporate earnings and a closely watched inflation report. Earnings season kicks into high gear this week, with Wall Street heavyweights including Tesla, Ford, GM, Netflix, Procter & Gamble, Coca-Cola, IBM and Intel set to report. […]
Wall Street’s major indexes rose on Wednesday after solid results from Bank of America and Morgan Stanley, while chipmakers rose after ASML reported strong quarterly results. Shares of Morgan Stanley hit a record high and were last up 7.2%, while Bank of America rose 4.4% after major lenders beat Wall Street estimates for third-quarter earnings […]
Wall Street’s major indexes fell on Tuesday as renewed concerns about a US-China trade dispute dampened sentiment as investors analyzed results from major US banks, kicking off the third-quarter reporting season. BlackRock’s hit a record $13.46 trillion and JPMorgan Chase raised its full-year forecast for net interest income after beating expectations for third-quarter earnings. Shares […]
And a backup goes to Wall Street. U.S. stocks rose Monday after President Donald Trump said “It’s all going to be OK,” just days after he roiled the market by threatening much higher tariffs on China. The Dow Jones Industrial Average rose 501.83 points, or 1.10%, to 45,981.43, the S&P 500 gained 81.48 points, or […]
A months-long lull on Wall Street begins Friday, and U.S. stocks tumble after President Donald Trump threatened to raise tariffs on China even further. The S&P 500 fell 1.5% and was on track for its biggest loss since August 1. The Dow Jones Industrial Average was down 456 points, or 1%, as of 11:35 a.m. […]
