Stock Markets Buoyed Before Fed Update
World stock markets climbed Wednesday, with all eyes on the Federal Reserve's US interest rate decision as corporate America pushed Wall Street to new record highs. New York trading was off to a...
Tag: NASDAQ 100
Global Markets Split Amid Corporate Earnings
Wall Street and major European stocks ended in mixed territory on Monday amid a busy weak of US corporate earnings. Meanwhile, the dollar continued to weaken on receding expectations that the US...
European Stocks Slump On Higher Euro; Nasdaq Streak Ends
European stock markets ended the week down as the euro extended its gains on Friday after the European Central Bank said it would reassess its monetary policy stance in the autumn, fueling talk that...
Global Stocks Pressured By Trump Health Care Reform Setback
Global stock markets were pressured Tuesday by worries about President Donald Trump's agenda after a proposed health care reform measure collapsed in Congress, raising concerns about prospects for...
Trump Bullish On ‘blazing’ Economy But Whose Recovery Is It?
As he rubs shoulders with leaders of the world's other major economies, Donald Trump is in a bullish mood about the US recovery even if there are clouds on the horizon. "Stock Market at all time...
US Stocks Pressured By Weak Oil Shares
Petroleum-linked shares tumbled early Wednesday, on lower oil prices, pressuring US stocks, while some big technology shares were modestly positive. ExxonMobil and Chevron were among the biggest...
US Dollar Rebounds While Global Stocks Post Gains
Rising oil prices and investor appetite for financial stocks helped boost most major US and European equities on Monday while the dollar rebounded on exchange markets ahead of the July 4 holiday in...
Euro Hits Year-High Against Dollar; US Stocks Bounce
The euro extended its run higher against the dollar Wednesday, hitting a one-year high, while tech and bank stocks helped Wall Street reverse a sell-off in the prior session. The euro rose close to...
Tech Sell-Off Hits US Stocks; Euro Surges On Draghi Comments
Wall Street stocks took a hit Tuesday as a key vote on President Donald Trump's health care reform was delayed, while the euro rallied following upbeat comments from European Central Bank chief Mario...
Waymo Teams With Avis To Keep Self-Driving Cars Going
US car rental giant Avis Budget on Monday announced it will team up with Waymo on the self-driving cars being tested on Arizona roads. The rental company said it would provide support and maintenance...
Global Stocks Gain As Macron Win Boosts Sentiment
European stock markets rose on Monday and US equities ended at records as traders cheered a strong victory for French President Emmanuel Macron's centrist party in parliamentary elections. London's...
Euro Advances After French Vote; US Tech Shares Tumble Again
French election results favoring President Emmanuel Macron's party boosted the euro but hit European equities Monday, while US stocks retreated due to another round of technology weakness. The euro...
British Pound Tumbles After UK Vote; Tech Sell-Off Hits Nasdaq
The pound plunged Friday as the surprise election setback to Prime Minister Theresa May injected uncertainty into Britain's negotiations with the European Union over Brexit. But London equity markets...
Equities Advance Despite Weak US Jobs Report
Global stocks rallied Friday, with US and German markets hitting records after a lackluster US jobs report raised expectations the Federal Reserve could take a more gradual approach to increasing...
Trump’s Climate Decision Comes Under Fire From Business Leaders
US coal producers welcomed President Trump's decision on Thursday to pull the US out of the Paris climate deal. But the move drew criticism from other business executives, who said it would hurt US...
Wall Street Forges Higher Despite Oil Market’s Glum Mood
Buoyant trading in New York saw Wall Street set fresh records on Thursday, with US stocks recording their sixth consecutive positive finish. European markets were mainly in negative territory,...
Markets Fall As Trump Turmoil Grows
Big falls on US stock markets have dragged down Asian shares over fears the political controversy surrounding President Trump will blunt his ability to deliver tax and regulatory reform. Wall...
Snap Plunges As Wall Street Loses Ground
The Snapchat owner was among the biggest losers after posting disapointing results for first quater Wall Street closed lower on Thursday, pulled down by lower-than-expected sales at major US...
Netflix Poised For Elusive China Breakthrough
Netflix has reached an agreement with a unit of internet giant Baidu that could see the US-based video-on-demand leader break into the massive China market, its Chinese partner has confirmed. The...
Qualcomm To Refund BlackBerry $815 Mn In Royalties
US mobile chip giant Qualcomm is to refund BlackBerry $814.9 million in royalties overpaid by the Canadian company, according to a tentative arbitration award announced on Wednesday. A final award...