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Wall Street Week Ahead: High market hopes raise stakes as US stocks face inflation data, earnings

Wall Street Week Ahead: High market hopes raise stakes as US stocks face inflation data, earnings

Sat, Jan 27, 2024

Most investors have maintained a rosy view on everything from the U.S. economy and corporate profits to the Federal Reserve’s monetary policy trajectory.

S&P 500 extends streak of record highs; Tesla tumbles

S&P 500 extends streak of record highs; Tesla tumbles

Fri, Jan 26, 2024

US stock market: The S&P 500 closed at an all-time high for a fifth straight session on Thursday after data showing strong US economic growth in the fourth quarter boosted sentiment, while Tesla tumbled following a disappointing sales forecast.

Stocks climb on positive earnings, economic data; yields rise

Stocks climb on positive earnings, economic data; yields rise

Thu, Jan 25, 2024

MSCI's global equity index rose on Wednesday, hitting its highest level in almost two years, backed by positive earnings and economic data in both Europe and the United States as well as optimism China stimulus will support its stock markets.

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Dow breaches 26,000 mark on robust earnings reports

Dow breaches 26,000 mark on robust earnings reports

Tue, Jan 16, 2018

Citigroup jumped 1.4% after the lender reported profit that topped Wall Street expectations

Asia stocks advance toward historic highs, US earnings test

Asia stocks advance toward historic highs, US earnings test

Mon, Jan 08, 2018

MSCI`s broadest index of Asia-Pacific shares outside Japan added 0.1 percent having climbed 3.1 percent last week, its strongest performance in six months.

Merrill Lynch bans clients from investing in Silbert bitcoin fund

Merrill Lynch bans clients from investing in Silbert bitcoin fund

Thu, Jan 04, 2018

Bank of America Merrill Lynch banned clients from investing in one of bitcoin mogul Barry Silbert`s top funds last month, according to a memo seen by Reuters.

Sensex rises 158 points in early trade

Sensex rises 158 points in early trade

Wed, Jan 03, 2018

The benchmark Sensex staged a strong come back in early trade today gaining over 158 points on widespread buying by participants in banking, auto, pharma and oil and gas stocks.

Citigroup follows Morgan Stanley, UBS, quits recruiting pact - bank

Citigroup follows Morgan Stanley, UBS, quits recruiting pact - bank

Sat, Dec 30, 2017

Morgan Stanley and UBS Group AG`s Wealth Management Americas discontinued the agreement, called the "broker protocol," earlier this year.

Wall Street slips as shares of tech sector weakness

Wall Street slips as shares of tech sector weakness

Wed, Dec 27, 2017

U.S. stocks declined on Tuesday as Apple and shares of its parts suppliers weakened on a report of soft iPhone X demand, which pulled technology shares lower.

Wall Street higher as investors assess tax bill gains

Wall Street higher as investors assess tax bill gains

Fri, Dec 22, 2017

Wall Street`s main indexes rose on Thursday as investors were hopeful that lower corporate tax rates would allow companies to spend additional capital on dividends, new projects and wages, which could give a boost to the overall economy.

Global Markets: Asia stocks up on US tax-reform optimism, dollar treads water

Global Markets: Asia stocks up on US tax-reform optimism, dollar treads water

Tue, Dec 19, 2017

Global markets have been buffeted in recent weeks by shifting expectations about President Donald Trump`s ability to push through his signature policy.

Sensex soars 301 points, reclaims 33,000-mark

Sensex soars 301 points, reclaims 33,000-mark

Fri, Dec 08, 2017

The 30-share BSE Sensex opened on a strong footing at 33,034.20 and maintained its upward trend to hit the day's high of 33,285.68 before ending at 33,250.30, up 301.09 points, or 0.91 per cent.

Asian shares muted as tech blues offset U.S. tax cut optimism

Asian shares muted as tech blues offset U.S. tax cut optimism

Tue, Dec 05, 2017

Asian shares were subdued on Tuesday as investors` rotation out of technology shares took a toll on some of the region`s tech heavyweights although hopes of a major tax cut in the United States underpinned risk sentiment.

Global Markets: U.S. tax bill, Russian probe whipsaw financial markets

Global Markets: U.S. tax bill, Russian probe whipsaw financial markets

Sat, Dec 02, 2017

Stocks and the greenback tanked mid-session after an ABC report that former national security adviser Michael Flynn was prepared to testify that Donald Trump instructed him to make contact with Russians during the presidential campaign.

Gold briefly jumps 1.2% as Flynn probe roils markets

Gold briefly jumps 1.2% as Flynn probe roils markets

Sat, Dec 02, 2017

Shares on Wall Street fell immediately after the report. Investors feared the political news could affect whether the Senate will pass a tax bill backed by Trump.

Senate Republicans release new version of tax bill

Senate Republicans release new version of tax bill

Sat, Dec 02, 2017

The changes in the "substitute amendment" released by Senate Finance Committee Chairman Orrin Hatch on Friday night include an increase in the deduction for pass-through business income from 17.4 per cent to 23 per cent, reports.

Asian shares off 10-year peak, China hits 3-month low

Asian shares off 10-year peak, China hits 3-month low

Fri, Nov 24, 2017

Earlier this month Chinese stocks had risen almost 15 percent from their lows hit in May, and analysts said some investors were selling to lock in profits.

European markets jarred by German coalition collapse

European markets jarred by German coalition collapse

Mon, Nov 20, 2017

Chancellor Angela Merkel said on Monday her efforts to form a three-way coalition government had failed, thrusting Germany into a political crisis and pushing Europe`s largest economy closer to a possible new election.

Asia stocks falter as weakness in China markets dim mood

Asia stocks falter as weakness in China markets dim mood

Mon, Nov 20, 2017

Asian shares eased on Monday, with investor sentiment hurt by a retreat on Wall Street and sliding Chinese stocks, while the euro skidded after German coalition talks hit an impasse. MSCI`s broadest index of Asia-Pacific shares outside Japan extended losses and was down 0.2 percent.

Asia stocks subdued as China data disappoints

Asia stocks subdued as China data disappoints

Tue, Nov 14, 2017

Asian stocks put in a subdued performance on Tuesday as Chinese economic data disappointed and investors pondered whether a marked flattening in the U.S. yield curve might be a harbinger of a future slowdown there.

Asia stocks near decade highs on buoyant Wall Street, kiwi rallies

Asia stocks near decade highs on buoyant Wall Street, kiwi rallies

Thu, Nov 09, 2017

Asia stocks hovered near a decade high on Thursday following another record breaking day on Wall Street, while the New Zealand dollar rallied as hawkish-sounding statements by the country`s central bank boosted the recently battered currency.

Asian markets after Wall Street slips after Russia interference probe charges Trump's campaign manager

Asian markets after Wall Street slips after Russia interference probe charges Trump's campaign manager

Tue, Oct 31, 2017

The dollar sagged following news that investigators probing Russian interference in the 2016 U.S. election had charged President Donald Trump`s former campaign manager.

Alphabet's mobile ad revenue surges; shares jump by nearly 3%

Alphabet's mobile ad revenue surges; shares jump by nearly 3%

Fri, Oct 27, 2017

Third-quarter revenue for Alphabet, the parent company of Google, jumped 24 % to $27.8 billion, above the average analysts' estimate of $27.2 billion.

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