Stock Market News Today — Equity markets in Asia faltered on Wednesday, amid losses in South Korea and worries that China has put any further stimulus on hold as the economy shows signs of regaining […]
Stock Market News Today – U.S. gross domestic product, a hectic week of earnings and interest rate decisions in Japan, Canada and Turkey will keep market watchers on their toes this week as markets return […]
Nestle First Quarter Growth | BY AIDANA IBRAGIMOVA | STOCK MARKET NEWS TODAY | Food group Nestle confirmed it expected organic sales growth to exceed 3 percent this year after good momentum in the United States and […]
| BY LEANDRO SANNA | STOCK MARKET NEWS TODAY | Wall Street’s main indexes were trading flat on Wednesday, as a Qualcomm-led rally in chipmakers was offset by a slide in healthcare stocks for the second straight […]
Stock Market News | BY KYRA MYERS | STOCK MARKET NEWS TODAY | Wall Street was lower on Monday as financial results from Goldman Sachs and Citi hurt sentiment about earnings season. The Dow lost 64 points, […]
Facebook And WhatsApp Outages | BY LEANDRO SANNA | STOCK MARKET NEWS TODAY | Facebook Inc (NASDAQ:FB) said it restored services on Sunday after some users could not access its social networking site, photo-sharing network Instagram and […]
Apple Inc. unveiled a new credit card in partnership with Goldman Sachs Group Inc., a video-game subscription service and a news-subscription app, all part of a suite of services the tech giant is announcing Monday […]
Spot gold gained 0.3 percent to $1,316.40 per ounce as of 0800 GMT, while U.S. gold futures also added 0.3 percent to $1,316.50 an ounce. The metal last week posted its third consecutive weekly gain […]
The Federal Reserve and the Bank of England are both expected to hold interest rates steady at the conclusion of their meetings this week. Ahead of the rate decisions, fund managers and analysts say they […]
U.S. casino operators Eldorado Resorts Inc and Caesars Entertainment Corp are in the early stages of exploring a merger, people familiar with the matter said on Sunday. The deal talks come after Caesars agreed this […]
U.S. stock index futures were little changed early Wednesday as investors continued to monitor political and economic uncertainties across the globe. At 6:30 a.m. ET, Dow futures implied an open of less than 5 points. Futures on S&P 500 and Nasdaq were also relatively flat.
Boeing Co, the best performing Dow component this year by a wide margin, dropped 6.7 percent after many airlines grounded the company’s new 737 MAX 8 passenger jet. Helping markets gain ground was the heavyweight Dow component’s stock bouncing off its session lows, while the Dow Jones Airlines index reversed course to trade 0.34 percent higher.
U.S. chipmaker Nvidia Corp said on Monday it will buy Israeli chip designer Mellanox Technologies Ltd for $6.8 billion, beating rival Intel Corp in a deal that would help the company boost its data center business. The all-cash offer of $125 per share represents a premium of 14 percent to Mellanox’s Friday close. Shares of Mellanox rose 8.7 percent and Nvidia shares rose about 1 percent in premarket trading.
Economic reports will remain in focus in the week ahead, after data on Friday showed that U.S. job growth stalled in February, raising new concerns about the economy. January’s delayed retail sales figures, February’s inflation numbers and the latest report on durable goods orders all take on added significance, particularly after a recent batch of disappointing data showing that both consumers and businesses have pulled back.
European plane maker Airbus for two decades was the biggest champion of the world’s largest airliners. After dumping the A380 superjumbo earlier this year, the jet maker is all but ceding the market for the very biggest airliners to rival Boeing Co.
The management board of Deutsche Bank has agreed to hold talks with rival Commerzbank on the feasibility of a merger, a person with knowledge of the matter told Reuters on Sunday. The source, who spoke on condition of anonymity, confirmed information reported earlier by the Welt am Sonntag newspaper. The person said that first unofficial contacts have taken place in a very small group and that talks were at a very early stage.
Trump administration officials have not made any new plans to send a team to China for face-to-face trade talks, but negotiators have made progress, White House trade adviser Clete Willems said at an event on Friday… “We’re talking to them (Chinese officials) every day, but no one’s got any trip plans,” Willems told reporters on the sidelines of a Georgetown Law School trade event in Washington. When asked about the prospect for future face-to-face meetings, Willems said “Maybe. But there are no plans right now.”
At around 6:45 a.m. ET, Dow Jones Industrial Average futures slipped 103 points, indicating a drop of 107.23 points at the open. Futures on the S&P 500 and Nasdaq 100 were both seen slightly lower. Market focus is largely attuned to economic data, after shockingly weak export figures from China exacerbated concerns about a global economic downturn.
Under the current system, Wall Street banks and other massive traders get hefty rebates based on how much business they funnel to exchanges. The result of this complex and often opaque system is that big users can end up trading for free, or even get paid to trade, while small brokers pay substantial fees.
U.S. stocks slid Thursday after the European Central Bank unveiled plans to deploy additional stimulus, raising fresh worries about the health of the global economy. The Dow Jones Industrial Average fell 263 points, or 1%, to 25409, heading for its fourth straight day of losses. The S&P 500 declined 1% and the Nasdaq Composite shed 1.1%.
Asian shares eased on Thursday, as investors showed caution over the outlook for global growth as they awaited the outcome of Sino-U.S. trade negotiations, while the euro remained under pressure ahead of the European Central Bank meeting.
The international trade deficit in goods and services widened 19% in December from the prior month to a seasonally adjusted $59.8 billion, the Commerce Department said Wednesday. Economists surveyed by The Wall Street Journal had expected a $57.3 billion gap.
Stocks wavered Wednesday ahead of new U.S. trade data that could provide clues on the impact of the U.S.-China trade dispute and the sustainability of growth in the world’s largest economy.
Fans of bitcoin also claim that the value of cryptocurrencies should be more stable because there is a finite supply of coins. Governments can always print more money. But bitcoin skeptics, including investing legend Warren Buffett, think bitcoin is something to be avoided at all costs.
U.S. stock futures ticked higher on Tuesday, a day after the Dow Jones Industrial Average and the S&P 500 posted their biggest drop in nearly a month, as investors hoped for an U.S.-China trade deal as early as this month.
Facebook Inc. and its photo-sharing app Instagram sued four companies and three people based in China for allegedly creating and selling fake online accounts, likes and followers that were used for misinformation campaigns and other scams.
Trump, who has vowed to cut U.S. trade deficits, has repeatedly called out India for its high tariffs, and U.S. trade officials said scrapping the concessions would take at least 60 days after notifications to Congress and the Indian government.
Biogen Inc said on Monday it will buy Nightstar Therapeutics Plc for about $800 million in cash as the company looks to tap into a potentially lucrative gene therapy market.
U.S. President Donald Trump and Chinese President Xi Jinping could seal a formal trade deal at a summit around March 27 given progress in talks between the two countries, the Wall Street Journal reported on Sunday.
Bets on a pickup in inflation are falling out of favor, underscoring investors’ skepticism that the U.S. economy will be able to stage a rebound after a soft start to the year.
Job growth has remained vibrant despite the slow-growing economy, and that’s a trend investors are anxious to see confirmed in the February employment report on Friday.
U.S. buyout fund KKR and China’s Tencent Music Entertainment Group are exploring rival bids for up to half of Vivendi’s iconic Universal Music division, a deal potentially worth up 20 billion euros ($22.73 billion).
Bank of America plans to remove the Merrill Lynch name from its trading and investment-banking operations, executives said Monday. It will also rebrand the bulk of its wealth-management business as simply Merrill.