Today: September 18, 2024
Today: September 18, 2024

Stock Markets

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
Business|Economy|Finance|News|Stock Markets

US wholesale July inventories revised slightly lower

U.S. wholesale inventories increased less than initially thought in July amid a sharp rebound in sales, casting doubt on whether inventory investment would contribute to

US wholesale July inventories revised slightly lower
Finance|Stock Markets

NZ dollar, Japan bonds zap trend hedge fund August returns, bank data shows

Trend-following hedge funds took a hit from their bets on the New Zealand dollar and Japanese stocks and bonds in August, when global markets were rattled by

NZ dollar, Japan bonds zap trend hedge fund August returns, bank data shows
Finance|Stock Markets|Technology

Rubrik shares fall as Microsoft-backed firm nears IPO lockup expiry

Shares of Rubrik fell more than 6% on Tuesday, as the markets braced for the expiry of a lockup period tied to its initial public offering, clouding the Microsoft-backed cybersecurity

Rubrik shares fall as Microsoft-backed firm nears IPO lockup expiry
Business|Finance|Stock Markets

JPMorgan stock slumps as interest income warning rattles market

JPMorgan Chase shares fell more than 5% after the president of the largest U.S. bank tempered the outlook for its earnings from interest payments

JPMorgan stock slumps as interest income warning rattles market
Business|Finance|Stock Markets

Southwest Airlines shakes up its board under pressure from a big shareholder

Southwest Airlines will revamp its board and the chairman will retire next year, but it intends to stick with CEO Robert Jordan

Southwest Airlines shakes up its board under pressure from a big shareholder
Finance|News|Stock Markets

Calm returns as TV debate eyed, China angst

A look at the day ahead in U.S. and global markets from Mike Dolan Markets have recovered their poise this week on a potent mix of U.S. 'soft landing' hopes and interest rate cut speculation and now

Calm returns as TV debate eyed, China angst
Business|Election|Finance|News|Stock Markets

Wall Street worries Harris tax plan would hurt US corporate profits

Wall Street is anticipating a hit to corporate earnings and the stock market if Democratic presidential candidate Kamala Harris wins in

Wall Street worries Harris tax plan would hurt US corporate profits
Business|Economy|Finance|Stock Markets

S&P 500 ends slightly higher but banks and energy weigh

Wall Street's benchmark S&P 500 index closed up 0.5% on Tuesday but concerns about slowing economic growth stunted gains and the Dow dipped as bank stocks

S&P 500 ends slightly higher but banks and energy weigh
Business|Europe|Finance|Stock Markets

FTSE 100 falls on healthcare, energy weakness; cooling wage growth fuels rate cut bets

London's FTSE 100 ended lower on Tuesday, led by a sell-off in healthcare and energy shares, while cooling wage growth in the UK cemented bets for further

FTSE 100 falls on healthcare, energy weakness; cooling wage growth fuels rate cut bets
Business|Europe|Finance|Stock Markets

UK fund firms Schroders and abrdn name new CEOs to reboot ailing fortunes

UK fund managers Schroders and abrdn named new CEOs on Tuesday, appointing insiders to reboot performance at firms running nearly 1.3 trillion pounds ($1.7 trillion)

UK fund firms Schroders and abrdn name new CEOs to reboot ailing fortunes
Asia|Business|Finance|Stock Markets

Stock market today: Wall Street drifts as Oracle soars and banks and oil slump

U.S. stocks drifted to a mixed close following several weeks of sharp swings

Stock market today: Wall Street drifts as Oracle soars and banks and oil slump
Business|Economy|Finance|Stock Markets

US election is just one risk among many for nervous stock market

Growing risks to the U.S. stock rally are spurring demand for portfolio hedging, options markets showed, as investors grapple with U.S.

US election is just one risk among many for nervous stock market
Business|Economy|Europe|Finance|Stock Markets

China gloom overshadows Wall Street-led rebound

A look at the day ahead in European and global markets from Rae Wee The rebound in global share markets proved short-lived in Asia on Tuesday, as yet another set of lacklustre economic indicators from

China gloom overshadows Wall Street-led rebound
Asia|Economy|Stock Markets

S&P 500, Nasdaq rise, crude slides as CPI awaits

The S&P 500 and the Nasdaq gained ground while Brent crude prices hit a 3-1/2-year low on Tuesday amid concerns over softening global demand a day ahead of key

S&P 500, Nasdaq rise, crude slides as CPI awaits
Business|Finance|Stock Markets

US SEC approves new audit quality benchmarks over Republican objections

Wall Street's top regulator on Monday gave the nod to new accounting standards set by a watchdog agency, part of an effort to address concerns about the prevalence of poor quality audits.

US SEC approves new audit quality benchmarks over Republican objections
Business|Finance|Stock Markets

Starboard proposes that News Corp eliminates dual-class shares

Hedge fund Starboard Value confirmed on Monday it had filed a shareholder resolution to eliminate the dual-class share structure that allows Rupert Murdoch to control News Corp, the

Starboard proposes that News Corp eliminates dual-class shares
Business|Finance|Stock Markets

Wall Street indexes bounce back as investors await inflation data, Fed rate cuts

Wall Street's three major indexes gained more than 1% on Monday as investors looked for bargains after the previous week's sell-off while they also waited

Wall Street indexes bounce back as investors await inflation data, Fed rate cuts
Business|Finance|Stock Markets

Toronto market snaps losing streak as bargain hunters step in

Canada's main stock index ended higher for the first time in five sessions on Monday, with heavily weighted financials and industrials among the sectors to benefit as

Toronto market snaps losing streak as bargain hunters step in
Finance|News|Stock Markets

Post-payrolls foothold, new iPhones and debate

A look at the day ahead in U.S. and global markets from Mike Dolan Wall Street futures have found their feet after Friday's exaggerated market reaction to an otherwise middling employment report -

Post-payrolls foothold, new iPhones and debate
Business|Finance|Stock Markets|Technology

Boeing's shares rise after tentative labor deal that could avert major strike

Boeing's shares rose 3.7% on Monday after the planemaker and its biggest union reached a tentative deal covering more than 32,000 workers, averting a

Boeing's shares rise after tentative labor deal that could avert major strike
Business|Finance|Stock Markets

FTSE 100 jumps over 1% on Entain boost; Burberry and Hostmore tumble

London's benchmark FTSE 100 climbed over 1% amid broader gains led by travel and leisure stocks after an upbeat forecast from gambling group Entain, while

FTSE 100 jumps over 1% on Entain boost; Burberry and Hostmore tumble
Asia|Business|Economy|Stock Markets

Stock market today: Wall Street rallies to claw back some of last week's sharp loss

U.S. stocks climbed Monday to claw back some of the losses from their worst week in nearly a year and a half

Stock market today: Wall Street rallies to claw back some of last week's sharp loss
Asia|Business|Europe|Finance|Stock Markets

China still busy exporting disinflation

A look at the day ahead in European and global markets from Wayne Cole It's been a down day for Asia as it catches up with the post-payrolls fallout on Wall Street, with the Nikkei losing another 1.7%

China still busy exporting disinflation
Business|Finance|Stock Markets

China Renaissance plunges on trade resumption as star dealmaker's absence clouds prospects

China Renaissance shares plunged as much as 72% on Monday after ending a 17-month suspension triggered by a probe involving the boutique investment

China Renaissance plunges on trade resumption as star dealmaker's absence clouds prospects

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