Equities edge higher with US 10-year yield, Powell and inflation in focus
MSCI'S global equities gauge barely gained ground on Monday, while the benchmark U.S.
July 07, 2024MSCI'S global equities gauge barely gained ground on Monday, while the benchmark U.S.
July 07, 2024Hedge funds bought commodity sensitive stocks in the week to July 5 at the fastest pace in five months, said a Goldman Sachs note to clients seen by Reuters on
July 08, 2024Corning raised its second-quarter core sales forecast on Monday, as demand for its fiber optic products surges with the rising adoption of generative AI technology, sending the specialty
July 08, 2024ASML shares briefly crossed the 1,000 euro ($1,084.30) mark for the first time on Monday, an all-time high, following positive research notes on top customer TSMC ahead of both
July 08, 2024Stocks closed mixed on Wall Street after testimony from Federal Reserve Chair Jerome Powell in front of Congress provided little new guidance on the Fed's plans on when it might lower interest rates
July 09, 2024Drugmaker Indivior Plc slashed its 2024 profit forecast while signaling a slowdown in sales of its
July 09, 2024A global equities gauge rose to record levels on Wednesday while U.S.
July 10, 2024U.S. regional banks will probably stockpile more rainy-day funds and stay conservative on stock buybacks as losses from commercial real estate (CRE) loans are expected to
July 10, 2024Shares in luxury carmaker Porsche AG rose 3.9% and were among the biggest gainers in Frankfurt's blue-chip DAX index on Wednesday after positive brokerage comments
July 10, 2024A coordinated move by stock markets in the European Union and Britain to catch up with Wall Street by halving the settlement time for transactions could realistically
July 10, 2024Short interest on the Nasdaq fell 1.8% in the second half of June, the exchange said on Wednesday.
July 10, 2024Costco Wholesale said on Wednesday it would hike annual membership fees for the first time in seven years for its U.S. and Canada customers, effective Sept. 1.
July 10, 2024Barry Callebaut shares fell on Thursday after the Swiss chocolate maker said quarterly sales volumes declined and cocoa prices had boosted its
July 11, 2024Foreign investors made hefty investments in Japanese stocks in the week ended July 5, driven by a market rally and optimism over the outlook for solid corporate earnings in the second half
July 11, 2024PepsiCo missed expectations for second-quarter revenue on Thursday as a series of price hikes and competition from private-label brands slowed
July 11, 2024Ericsson beat profit and sales forecasts on Friday after a demand pick-up in North America raised hopes of a recovery from broader market weakness, sending its shares to
July 12, 2024A look at the day ahead in U.S. and global markets from Mike Dolan A violent rotation from Big Tech into small cap stocks followed the surprisingly benign June U.S. inflation report, while
July 12, 2024U.S. companies releasing quarterly results in the coming weeks face investors who expect no less than stellar growth, with estimates particularly high for
July 12, 2024Citigroup beat Wall Street expectations for second-quarter profit on Friday, boosted by a jump in investment banking, markets and services revenue, but
July 12, 2024Looming U.S. interest rate cuts are presenting investors with a tough choice: stick with the Big Tech stocks that have driven returns for more than a year or
July 12, 2024Berkshire Hathaway's share price set a record high on Monday, reflecting investors' confidence in Warren Buffett's company, which is often regarded as a microcosm of the
July 15, 2024Goldman Sachs has posted a 150% jump in its second quarter profits
July 15, 2024UnitedHealth forecast on Tuesday a bigger hit to annual earnings from a February hack at its tech unit, but maintained its full-year profit
July 16, 2024Bank of America said Tuesday its profits fell in the second quarter, as higher interest rates ate into expenses, including its large consumer banking franchise
July 16, 2024Charles Schwab's second-quarter profit fell 2% as the brokerage paid out more interest on client deposits and its own borrowings, sending its shares down 7.1% on Tuesday.
July 16, 2024