The Marriner S. Eccles Federal Reserve building in Washington, DC, U.S., on Sunday, Jan. 12, 2025. Samuel Corum | Bloomberg | Getty Images If investors were to judge the stability of the economy by looking at the stock market, its two-day winning streak might lead investors to think that it’s business as usual. The market’s…
Santander posts record earnings, launches 10 billion euro share buyback A Santander office building in London. Luke MacGregor | Bloomberg via Getty Images Spanish lender Santander posted a 14% year-on-year increase in annual profit on Wednesday, with its full-year profit reaching 12.6 billion euros ($13.1 billion) in 2024. Full-year revenues in constant currency rose 10% from…
The U.S. presidential election beckons and even though nearly 75 million people have already voted, according to NBC News , nothing seems to have leaked out. You would figure the hedge fund algorithms would have picked up something by now, but I haven’t seen any confirmed bets made either way. That makes trading on the…
European markets were slightly higher Tuesday as traders in the region digested the latest slew of earnings reports. The pan-European Stoxx 600 was up 0.10% by 10:20 a.m. London time, with sectors slipping into mixed territory. Mining stocks added 1.14% while travel and leisure stocks slipped 0.52%. HBSC‘s London-listed shares added 4.5% after it issued…