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

Stock Markets

Business|Finance|Stock Markets

Icahn Enterprises shares plunge to 20-year low after $400 million unit sale plan

Shares of billionaire investor Carl Icahn's Icahn Enterprises closed at a more than 20-year low on Monday after the firm said it will sell up to $400 million depository units through an "at

Icahn Enterprises shares plunge to 20-year low after $400 million unit sale plan
Business|Economy|Finance|Stock Markets

Dow closes at new record high on rate cut rally: Here’s what’s next for Wall Street

Dow closes at new record high on rate cut rally: Here’s what’s next for Wall Street

Dow closes at new record high on rate cut rally: Here’s what’s next for Wall Street
Business|Economy|Finance|News|Stock Markets

US business spending on equipment shows signs of cooling in July

New orders for key U.S.-manufactured capital goods unexpectedly fell in July and data for the prior month was revised lower, suggesting a loss of momentum in

US business spending on equipment shows signs of cooling in July
Business|Finance|Stock Markets

S&P 500 ends lower, weighed down by Nvidia dip

The S&P 500 finished lower on Monday, with AI heavyweight Nvidia dipping ahead of its quarterly report this week, while investors awaited inflation

S&P 500 ends lower, weighed down by Nvidia dip
Finance|Stock Markets

Rate-cut hopes meet Mid-East risks

A look at the day ahead in U.S. and global markets by Dhara Ranasinghe. Not for the first time, financial markets are reminded why it's never a good idea to get too far ahead.

Rate-cut hopes meet Mid-East risks
Australia|Business|Finance|Stock Markets

Woodside Energy earnings set to dip as investors eye strategic deals

Woodside Energy, Australia's top independent gas producer, is on track to post a drop in interim earnings on Tuesday, with investors focusing on its

Woodside Energy earnings set to dip as investors eye strategic deals
Economy|Europe|Finance|Stock Markets

Markets reassured by the Powell put

A look at the day ahead in European and global markets from Wayne Cole. Asia has seen an extension of the Powell rally so far on Monday with yields and the dollar down, and most stocks edging higher.

Markets reassured by the Powell put
Asia|Economy|Finance|Stock Markets

Stock market today: Dow closes at a record even as losses for Big Tech pull S&P 500 and Nasdaq lower

The Dow Jones Industrial Average closed at a record high on Wall Street, even as losses for Big Tech companies pulled the S&P 500 and the Nasdaq composite lower

Stock market today: Dow closes at a record even as losses for Big Tech pull S&P 500 and Nasdaq lower
Business|Finance|Stock Markets|Technology

'Super Bowl' Nvidia earnings stand to test searing AI trade

The rally in U.S. stocks faces an important test next week with earnings from chipmaking giant Nvidia, whose blistering run has powered markets throughout 2024.

'Super Bowl' Nvidia earnings stand to test searing AI trade
Americas|Business|Economy|Finance|News|Stock Markets|World

Powell green lights September rate cut

Federal Reserve Chair Jerome Powell said on Friday "the time has come" for the U.S. central bank to cut interest rates as rising risks to the job market left no room for further weakness

Powell green lights September rate cut
Business|Economy|Finance|Stock Markets

Dow closes more than 450 points higher after Fed’s Powell hints rate cuts are coming

Dow closes more than 450 points higher after Fed’s Powell hints rate cuts are coming

Dow closes more than 450 points higher after Fed’s Powell hints rate cuts are coming
Business|Finance|Stock Markets

Societe Generale leaves London Metal Exchange's open-outcry trading floor

Societe Generale International will drop its membership of the London Metal Exchange's open-outcry trading floor, the exchange said on Friday, raising questions about

Societe Generale leaves London Metal Exchange's open-outcry trading floor
Economy|Finance|Stock Markets

TSX hits record high as Fed chief signs off on rate cuts

Canada's main stock index rose to a record high on Friday, with energy and financials contributing to broad-based gains as Federal Reserve Chair Jerome Powell endorsed the

TSX hits record high as Fed chief signs off on rate cuts
Business|Europe|Fashion and Beauty|Finance|Stock Markets

Hugo Boss shareholder Frasers files request to buy more shares

Hugo Boss' second-biggest shareholder, British sports and fashion retailer Frasers, has filed a request to acquire more shares in the German company, according to a filing with

Hugo Boss shareholder Frasers files request to buy more shares
Finance|Stock Markets

US equity funds draw large inflows on rate cut bets, easing growth concerns

U.S. equity funds attracted significant inflows in the seven days to Aug. 21, bolstered by bets of a Federal Reserve rate cut in September and easing worries about a potential downturn in

US equity funds draw large inflows on rate cut bets, easing growth concerns
Business|Economy|Finance|News|Stock Markets

Dollar stuck in a Hole as Powell speaks

A look at the day ahead in U.S. and global markets from Mike Dolan Jerome Powell takes centre stage at the Federal Reserve's Jackson Hole jamboree on Friday but the Fed chair would have to sound super

Dollar stuck in a Hole as Powell speaks
Business|Economy|Finance|Stock Markets

Nvidia, let's see what you've got

The latest earnings from AI darling Nvidia and key inflation numbers in the euro area and Australia should keep markets busy in the coming week.

Nvidia, let's see what you've got
Business|Finance|Stock Markets

Bristol-Myers Squibb-backed Zenas BioPharma files for US IPO

Bristol-Myers Squibb-backed Zenas BioPharma has filed to go public in the United States, a regulatory filing showed on Thursday, underscoring improving investor appetite for new listings.

Bristol-Myers Squibb-backed Zenas BioPharma files for US IPO
Business|Economy|Finance|News|Stock Markets

Wall St ends lower as tech shares weigh; Jackson Hole in focus

All three major U.S. stock indexes lost ground on Thursday, weighed by technology shares, as Treasury yields rose on easing recession fears and global central bank

Wall St ends lower as tech shares weigh; Jackson Hole in focus
Asia|Business|Economy|Finance|Stock Markets

Stock market today: Wall Street weakens ahead of a highly anticipated speech

U.S. stocks closed lower as Wall Street counted down to its main event for the week, a speech by Federal Reserve Chair Jerome Powell coming up on Friday

Stock market today: Wall Street weakens ahead of a highly anticipated speech
Asia|Business|Economy|Europe|Finance|Stock Markets

Reactions to China's anti-subsidy probe on EU dairy imports

China launched an anti-subsidy investigation into dairy imports from the European Union a day after the bloc's revised tariff plan for China-made electric vehicles.

Reactions to China's anti-subsidy probe on EU dairy imports
Asia|Business|Economy|Finance|Stock Markets

Stocks decline and dollar rebounds as Fed readies rate cuts

Stocks fell and the dollar gained on Thursday as traders digested fresh economic data and awaited confirmation from the U.S.

Stocks decline and dollar rebounds as Fed readies rate cuts
Business|Finance|Stock Markets

General Atlantic exits India's PNB Housing in $127 million deal

U.S. private equity firm General Atlantic on Wednesday sold its entire stake worth 10.69 billion rupees ($127.40 million) in India's PNB Housing Finance, stock exchange data

General Atlantic exits India's PNB Housing in $127 million deal
Business|Finance|Stock Markets

Will Buffett's 'put' on oil firm Occidental halt share drop?

Shares in U.S. oil producer Occidental Petroleum fell to $56.17 on Tuesday, below a level that has routinely triggered purchases by its biggest holder, billionaire investor Warren

Will Buffett's 'put' on oil firm Occidental halt share drop?
Business|Finance|Stock Markets

Global stocks set for modest gains, hinging on series of rate cuts: Reuters poll

Global stocks will brush aside recent market turmoil and gain modestly from current levels in coming months, according to a Reuters poll of

Global stocks set for modest gains, hinging on series of rate cuts: Reuters poll

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