Latest Updates Around The World
U.S. stock index futures jumped in early trading in Asia amid hopes for a deal to end the longest U.S. government shutdown.Contracts for the S&P 500 and Nasdaq 100 rose more than 0.5% after Senate Republican Leader John Thune said he plans to test support for a limited spending package on Sunday, although it is […]
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, […]
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. […]
The S&P 500 finished higher on Wednesday, with Morgan Stanley and Bank of America rallying after solid quarterly results, as investors continued to focus on the recent increase in trade tensions between China and the US. Shares of Morgan Stanley rose 4.7% to a record high, while Bank of America rose 4.4% after major lenders […]
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 […]
Investors will be watching quarterly earnings from the major banks next week to gauge the health of the U.S. economy as the federal government shutdown has interrupted the flow of new data. Major U.S. stock indexes fell on Friday, halting market momentum after comments from President Donald Trump heightened trade tensions with China. Stocks ended […]
