Today: September 13, 2024
Today: September 13, 2024

Stock Markets

Business|Economy|Europe|Finance|Stock Markets

Europe's STOXX 600 climbs as focus shifts to US central bank rate verdict

European stocks advanced on Friday and were poised for weekly gains, supported by miners, while investors shifted their focus to the U.S.

Europe's STOXX 600 climbs as focus shifts to US central bank rate verdict
Business|Economy|Finance|Stock Markets

Deutsche Bank raises S&P 500 year-end target to 5,750 from 5,500

Deutsche Bank has raised its year-end target for the benchmark S&P 500 index to 5,750 points from 5,500, citing rising stock buybacks, strong corporate earnings and robust inflows, boosted

Deutsche Bank raises S&P 500 year-end target to 5,750 from 5,500
Asia|Business|Economy|Finance|News|Stock Markets

Global markets trade mixed after Wall Street climbs closer to its record highs

Global stocks are mixed after U.S. stocks pulled closer to their record highs following economic reports that came in close to expectations

Global markets trade mixed after Wall Street climbs closer to its record highs
Economy|Finance|News|Stock Markets

Strong case for 50 bp Fed cut, says former NY Fed chief Dudley

Former New York Federal Reserve President Bill Dudley said there was a strong case for a 50 basis point interest rate cut in the United States.

Strong case for 50 bp Fed cut, says former NY Fed chief Dudley
Economy|Finance|Stock Markets

Wall Street indexes close up; data keeps smaller Fed rate cut in view

Wall Street's main indexes closed higher on Thursday after the latest inflation data reinforced expectations for a 25-basis point rate cut by the

Wall Street indexes close up; data keeps smaller Fed rate cut in view
Business|Economy|Finance|Stock Markets|World

US companies see record-low profits in China amid geopolitical tensions and slow growth, report says

A report by the American Chamber of Commerce in Shanghai has found that U.S. companies in China are seeing record-low profits, with business confidence at an all-time low amid U.S.-China tensions and a slowing Chinese economy

US companies see record-low profits in China amid geopolitical tensions and slow growth, report says
Business|Finance|Stock Markets

FTSE 100 hits one-week high as US rate cut expectations boost sentiment

London's FTSE 100 hit its highest level in over a week on Thursday, amid broader gains after some clarity around the U.S.

FTSE 100 hits one-week high as US rate cut expectations boost sentiment
Business|Europe|Finance|Stock Markets|Technology

European shares hit one-week high as ECB cuts interest rates

European shares jumped on Thursday after the European Central Bank (ECB) cut interest rates again as inflation hovers within striking distance of its 2%

European shares hit one-week high as ECB cuts interest rates
Asia|Europe|Finance|Stock Markets|Technology

Tech stocks cue rally while ECB looms

A look at the day ahead in European and global markets from Stella Qiu Asian stock markets were broadly higher as investors regained some of their love for tech stocks, and Nvidia in particular, while

Tech stocks cue rally while ECB looms
Business|Finance|Stock Markets

Couche-Tard considers raising offer price for Seven & i, Bloomberg News reports

Canada's Alimentation Couche-Tard is discussing how much it could raise the offer price to buy Japan's Seven & i Holdings, Bloomberg News reported on Thursday, citing unnamed sources

Couche-Tard considers raising offer price for Seven & i, Bloomberg News reports
Asia|Business|Finance|Stock Markets

Wall Street ends higher, gold hits record ahead of rate cuts

Wall Street eked out gains and gold surged to a record high on Thursday as investors awaited a Federal Reserve interest rate cut next week.

Wall Street ends higher, gold hits record ahead of rate cuts
Business|Finance|Stock Markets

Buffett's Berkshire offloads $228.7 million worth BofA shares in latest sale

Warren Buffett's Berkshire Hathaway has sold shares worth $228.7 million in Bank of America, as the conglomerate continues to trim its stake in the second-largest U.S. lender.

Buffett's Berkshire offloads $228.7 million worth BofA shares in latest sale
Business|Finance|Stock Markets

Bank dividends catapult Q2 global payouts to record highs

Banks continued to propel global dividends to record highs in the second quarter of 2024 as higher interest rates boosted profits, allowing them to pay out bigger returns to shareholders compared with

Bank dividends catapult Q2 global payouts to record highs
Business|News|Stock Markets

Trump closing in on being able to sell his shares of Truth Social's parent company. But will he?

Donald Trump has more than last night’s debate with Vice President Kamala Harris on his mind

Trump closing in on being able to sell his shares of Truth Social's parent company. But will he?
Business|Finance|Stock Markets

Shortsellers bet against airlines and banks, Hazeltree report says

Shortsellers had their sights on airlines in August, as pessimism towards a sector plagued by earnings declines and price rises grows, a

Shortsellers bet against airlines and banks, Hazeltree report says
Business|Finance|Stock Markets

Meme stock GameStop slumps as revenue drop fans turnaround doubts

Shares of GameStop, a widely watched meme stock, tumbled 10% in premarket trading on Wednesday after the video game retailer reported a bigger drop in quarterly revenue, questioning its

Meme stock GameStop slumps as revenue drop fans turnaround doubts
Election|Finance|Stock Markets

Trump Media slumps as bets on Harris victory rise after presidential debate

Shares of Republican candidate Donald Trump's company that owns the Truth Social slumped 14% in busy trading on Wednesday as betting odds of a win for Democratic candidate

Trump Media slumps as bets on Harris victory rise after presidential debate
Americas|Economy|Election|Finance|Stock Markets

Crypto stocks fall as bets on Harris win rise after debate, Swift support

U.S. cryptocurrency shares fell in early trading on Wednesday after Democratic candidate Kamala Harris put her Republican rival and crypto supporter Donald Trump on the

Crypto stocks fall as bets on Harris win rise after debate, Swift support
Election|Finance|Stock Markets

Wall Street closes up on tech boost; inflation data dents hopes for big Fed rate cut

All three major U.S. stock indexes closed higher on Wednesday with a boost from the technology sector offsetting investor disappointment at an early

Wall Street closes up on tech boost; inflation data dents hopes for big Fed rate cut
Economy|Finance|News|Stock Markets

FTSE 100 drops on Rentokil warning; U.S. inflation data weighs

The UK's benchmark FTSE 100 stock index ended lower on Wednesday, led by a decline in Rentokil shares after the pest control company warned on North

FTSE 100 drops on Rentokil warning; U.S. inflation data weighs
Business|Finance|Stock Markets

Zara owner Inditex sees early autumn sales perk up after summer slowdown

Zara owner Inditex reported a jump in sales of its autumn/winter collection on Wednesday, boosting its share price as the world's largest listed fashion retailer

Zara owner Inditex sees early autumn sales perk up after summer slowdown
Americas|Election|Finance|Stock Markets

Markets try to shake it off after US presidential debate

A look at the day ahead in European and global markets from Ankur Banerjee Investors broadly took the U.S. presidential debate between Donald Trump and Kamala Harris in stride where details were

Markets try to shake it off after US presidential debate
Americas|Election|Finance|News|Stock Markets

Investors react to fiery presidential debate between Trump and Harris

U.S. stock futures slipped and the dollar edged lower in early Asian trading on Wednesday as Republican Donald Trump and Democratic Vice President Kamala Harris faced each other for the

Investors react to fiery presidential debate between Trump and Harris
Americas|Asia|Election|Finance|News|Stock Markets

US stocks bounce back, Treasury yields steady after CPI, debate

Wall Street reversed an earlier sell-off to close higher on Wednesday, and Brent crude prices rebounded from 3-1/2 year lows as a key inflation report cemented

US stocks bounce back, Treasury yields steady after CPI, debate
Asia|Business|Finance|Stock Markets

Stock market today: Wall Street storms back from an early slide thanks to Nvidia and Big Tech

U.S. stock indexes stormed back from big early drops to finish higher, led by a handful of influential Big Tech companies

Stock market today: Wall Street storms back from an early slide thanks to Nvidia and Big Tech

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