FTSE 100, FTSE 250 log weekly losses Reeves is expected to raise taxes next week ASOS shares drop on lower profit forecast Nov 21 (Reuters) – London’s FTSE 100 recovered ground on Friday, trimming earlier losses as increased expectations for Federal Reserve interest rate cuts improved global market sentiment, while investors now await next week’s…
Item 1 of 3 Bull statues are placed in font of screens showing the Hang Seng stock index and stock prices outside Exchange Square, in Hong Kong, China, August 18, 2023. REUTERS/Tyrone Siu [1/3]Bull statues are placed in font of screens showing the Hang Seng stock index and stock prices outside Exchange Square, in Hong…
ORLANDO, Florida, Nov 20 (Reuters) – Wall Street experienced a wild rollercoaster ride on Thursday, opening sharply higher on another set of strong results from artificial intelligence giant Nvidia, only to end deep in the red as investors reassessed that optimism and mixed signals from the first U.S. jobs data since the government shutdown ended….
FTSE 100, FTSE 250 fall over 1% Banks decline for second straight session Ocado slumps as US partner Kroger closes robotic warehouses Imperial Brands rises after beating profit forecast Nov 18 (Reuters) – London stocks fell on Tuesday with financials extending losses, while global markets remained wary as fading hopes of a Federal Reserve interest…
ORLANDO, Florida, Nov 18 (Reuters) – Warnings about Wall Street’s excessive optimism, concentration risk, and frothy valuations have fallen on deaf ears for most of this year, leaving market-watchers wondering what, if anything, will cool the tech and artificial intelligence frenzy. It turns out that it could end up being a plain old-fashioned shift in…
ORLANDO, Florida, Nov 18 (Reuters) – The tech-induced selloff across global stocks accelerated on Tuesday and soft U.S. labor market indicators also weighed on Wall Street, while fiscal worries in Japan helped drag Japanese stocks, bonds and the yen lower. More on that below. In my column today I look at what helped trigger this…
Nvidia’s quarterly report on Wednesday seen as pivotal for AI trade September jobs release on Thursday first key post-shutdown data S&P 500 breaks below 50-day moving average, VIX hits one-month high NEW YORK, Nov 18 (Reuters) – The biggest U.S. stocks pullback in months is fraying investors’ nerves ahead of tests to two underpinnings of…
Stocks fall as investors await U.S. economic data Japan’s PM Takaichi to meet BOJ governor as markets speculate on rates Fed rate-cut expectations decrease despite U.S. economic weakness SYDNEY, Nov 18 (Reuters) – Asian stocks slid in early trade on Tuesday, as financial markets waited on a rush of key U.S economic data delayed by…
Nov 16 (Reuters) – Most stock markets in the Gulf ended lower on Sunday after hawkish Federal Reserve officials dimmed hopes for a December interest rate cut. The record-long U.S. government shutdown that concluded on Thursday has generated a significant data void, leaving the Federal Reserve and market participants without key insights ahead of the…
US jobs, Nvidia earnings headline week ahead Japan economy contracts on US tariff hit; Nikkei flat Dollar up slightly vs euro SINGAPORE, Nov 17 (Reuters) – Asia’s stock markets struck a cautious tone on Monday as traders looked ahead to a week of corporate earnings and catch-up U.S. data, with the focus on the interest…