Today: September 19, 2024
Today: September 19, 2024

Stock Markets

Business|Finance|Stock Markets

TJ Maxx parent raises annual profit forecast after strong second quarter

Off-price retailer TJX Cos raised annual profit forecast after quarterly results beat estimates on Wednesday, banking on gains from easing costs and strong demand for its affordable apparel

TJ Maxx parent raises annual profit forecast after strong second quarter
Business|Finance|Stock Markets

Target slashed prices. It paid off

Target slashed prices. It paid off

Target slashed prices. It paid off
Finance|Stock Markets

Relentless rally pauses for breath

A look at the day ahead in U.S. and global markets by Samuel Indyk The relentless recovery in the S&P 500 from early August's post-payrolls trough finally took a pause on Tuesday after eight straight

Relentless rally pauses for breath
Business|Finance|Stock Markets

Wall St ends higher as Fed minutes, jobs data firm rate-cut hopes

U.S. stocks advanced on Wednesday amid range-bound trading after investors parsed a steep downward revision in payrolls, and the release of the minutes from the

Wall St ends higher as Fed minutes, jobs data firm rate-cut hopes
Europe|Finance|Stock Markets

Jobs in focus after the rebound

A look at the day ahead in European and global markets from Tom Westbrook Markets' sparkling recovery from early August's sell-off has hit an air pocket, with Asian shares down on Wednesday and

Jobs in focus after the rebound
Asia|Australia|Business|Finance|Food|Stock Markets

Domino's Australia franchise slumps 7% as high costs take larger slice of profit

Shares in Australia-based Domino's Pizza Enterprises Ltd slumped more than 7% on Wednesday, after the franchise operator flagged a weak start to fiscal 2025, as rising costs and frugal

Domino's Australia franchise slumps 7% as high costs take larger slice of profit
Asia|Business|Finance|Stock Markets

Japan's Nikkei seen hitting all-time high by end-2025 - Reuters poll

Japan's Nikkei 225 share average will extend its recovery from the worst sell-off in 37 years during the rest of 2024 before pushing to an all-time high by the end

Japan's Nikkei seen hitting all-time high by end-2025 - Reuters poll
Business|Finance|Stock Markets

Walmart unwinds JD.com investment, to focus on own China ops

Walmart sold its entire roughly $3.7 billion stake in JD.com, ending an eight-year investment in the Chinese e-commerce firm that was yielding waning

Walmart unwinds JD.com investment, to focus on own China ops
Business|Finance|News|Stock Markets

Shares of Trump's media firm sink to record low

Shares of Trump Media & Technology Group, which is majority-owned by former U.S.

Shares of Trump's media firm sink to record low
Business|Finance|Stock Markets

S&P 500 to end 2024 near current level, suggests AI rally fizzling out

The S&P 500 will trade near current record levels at year-end, according to a Reuters poll of market strategists that suggests the AI rally is losing steam as investors

S&P 500 to end 2024 near current level, suggests AI rally fizzling out
Business|Economy|Finance|Stock Markets

Wall St ends lower ahead of Jackson Hole, snapping multi-session rally

U.S. stocks closed slightly lower on Tuesday, breaking their recent winning streak amid few market-moving catalysts ahead of the Jackson Hole Economic Symposium,

Wall St ends lower ahead of Jackson Hole, snapping multi-session rally
Americas|Finance|Stock Markets

MSCI reclassifying Argentina could trigger $1 billion of inflows, JPMorgan says

A potential upgrade for Argentina to emerging market status from index provider MSCI could see nearly $1 billion in investor money pour into the country's stocks, JPMorgan said on

MSCI reclassifying Argentina could trigger $1 billion of inflows, JPMorgan says
Business|Economy|Finance|Stock Markets

FTSE 100 dips 1% as energy stocks slip and BT hits bottom

The UK's FTSE 100 ended 1% lower on Tuesday, as a third straight day of falling crude prices weighed on energy stocks, and BT dropped to the bottom of FTSE

FTSE 100 dips 1% as energy stocks slip and BT hits bottom
Business|Europe|Finance|Stock Markets

Anticipation builds for Powell blessing on rates

A look at the day ahead in European and global markets from Rae Wee There's a lot hinging on Federal Reserve Chair Jerome Powell's speech at the end of this week but, until then, stocks look set for a

Anticipation builds for Powell blessing on rates
Asia|Business|Economy|Finance|Stock Markets

Stock market today: Wall Street slips and breaks an 8-day winning streak

U.S. stocks ticked lower and snapped an eight-day winning streak, the longest of the year

Stock market today: Wall Street slips and breaks an 8-day winning streak
Asia|Business|Finance|Stock Markets

Shares flirt with highs on rate cut bets, US dollar drops

Global stocks hovered near their highest in a month on Tuesday, while the dollar hit an eight-month low, as investors focused on bets that

Shares flirt with highs on rate cut bets, US dollar drops
Business|Finance|Stock Markets

C.H. Robinson diverting some US customers' cargo away from Canadian ports

U.S. freight forwarder C.H. Robinson said on Monday it was diverting some of its U.S. customers' ocean cargo away from Canadian ports as the threat of a rail strike looms.

C.H. Robinson diverting some US customers' cargo away from Canadian ports
Business|Economy|Finance|Stock Markets

Greenback in the red as Jackson Hole looms

A look at the day ahead in U.S. and global markets from Samuel Indyk The volatility that rocked markets in early August appears to be back under control, and with the Kansas City Fed's Jackson Hole

Greenback in the red as Jackson Hole looms
Business|Finance|Stock Markets

Hedge funds sell planes, trains, automobiles; buy energy stocks, says Goldman

Hedge funds sold industrial stocks at the fastest pace since December, while buying energy stocks for the fourth straight week last week, a Goldman Sachs note seen

Hedge funds sell planes, trains, automobiles; buy energy stocks, says Goldman
Business|Finance|Stock Markets

Wall St ends higher, extending rally ahead of Jackson Hole

U.S. stocks advanced on Monday, building on their largest weekly percentage gain of the year as investors focused on the Democratic National Convention and the

Wall St ends higher, extending rally ahead of Jackson Hole
Economy|Finance|News|Stock Markets

Gulf bourses end mixed on US rate-cut hopes, weak oil demand

Stock markets in the Gulf ended mixed on Monday on rising expectations of a U.S. interest rate cut next month, and amid weak oil demand.

Gulf bourses end mixed on US rate-cut hopes, weak oil demand
Business|Europe|Finance|Stock Markets

European shares notch broad-based gains; defence stocks lag

European shares climbed on Monday, led by retail and basic resources stocks, with investors bracing for a data-heavy week with a focus on U.S.

European shares notch broad-based gains; defence stocks lag
Business|Finance|Stock Markets

FTSE 100 ends higher on miners boost, rates optimism

London stocks ended higher on Monday, boosted by a rise in metal mining shares as prices of most base and precious metals advanced, while homebuilder

FTSE 100 ends higher on miners boost, rates optimism
Business|Finance|Stock Markets

Canada's Couche-Tard makes preliminary takeover bid for Japan's Seven & i

Canada's Alimentation Couche-Tard has sounded out Japan's Seven & i about a potential takeover, the two companies said on Monday, making

Canada's Couche-Tard makes preliminary takeover bid for Japan's Seven & i
Americas|Asia|Business|Finance|Stock Markets

Stock market today: Wall Street climbs to push its winning streak to 8 days, longest of the year

U.S. stocks climbed, and Wall Street pulled closer to its record heights following its roller coaster of a summer

Stock market today: Wall Street climbs to push its winning streak to 8 days, longest of the year

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