US stocks pointed mostly higher on Monday after the US and European Union struck a trade pact to lead off a packed week of Big Tech earnings, a Federal Reserve meeting, inflation data, the July jobs report, and President Trump’s Aug. 1 deadline to lock in key trade deals. The S&P 500 (^GSPC) and the…
Wall Street pros are staring down a pivotal week that will likely set the tone for the rest of the year in markets and the economy. The big event comes Wednesday, when the Federal Reserve announces the outcome of its two-day policy meeting. Economists expect the Federal Open Market Committee to keep interest rates unchanged,…
The stock market is at record highs as investors brace for what’s expected to be the busiest week of the summer on Wall Street. The S&P 500 (^GSPC) notched a record close in each of the past five trading sessions, rising about 1.5% for the week. The tech-heavy Nasdaq Composite (^IXIC) rose about 1.3% and…
By Ankur Banerjee SINGAPORE (Reuters) -Global stocks rose and the euro firmed on Monday after a trade agreement between the United States and the EU lifted sentiment and provided clarity in a pivotal week headlined by the Federal Reserve and the Bank of Japan policy meetings. The U.S. struck a framework trade agreement with the…
US stock futures edged higher Sunday evening as investors braced for a packed week featuring earnings from Big Tech heavyweights, a Federal Reserve meeting, inflation data, and President Trump’s Aug. 1 deadline to lock in key trade deals. Futures tied to the Dow Jones Industrial Average (YM=F) were up about 0.4%, while S&P 500 futures…
This week on “Face the Nation with Margaret Brennan,” director of the U.S. Office of Management and Budget, Russell Vought, joins to discuss President Trump’s trip to a Federal Reserve facility with Fed Chair Jerome Powell ahead of his departure for Scotland. Meanwhile, The Ohio State University President Ted Carter joins to explain how he’s…
This week on “Face the Nation with Margaret Brennan,” director of the U.S. Office of Management and Budget, Russell Vought, joins to discuss President Trump’s trip to a Federal Reserve facility with Fed Chair Jerome Powell ahead of his departure for Scotland. Meanwhile, The Ohio State University President Ted Carter joins to explain how he’s…
(Repeats SCHEDULED COLUMN originally published on July 25, no changes) Aug 1 deadline looms for US trading partners Fed policy decision Weds, US jobs report Fri Results due from Apple, Microsoft, Amazon, Meta NEW YORK, July 25 (Reuters) – A looming U.S. deadline for more severe global tariffs is among a barrage of upcoming events…
I’m Chris Anstey, an economics editor in Boston. Today we’re looking at Europe-China ties. Send us feedback and tips to ecodaily@bloomberg.net. And if you aren’t yet signed up to receive this newsletter, you can do so here. Fifty years after the European Economic Community (now the European Union) established diplomatic ties with mainland China, relations…
The S&P 500 (^GSPC) and Nasdaq Composite (^IXIC) are both hovering near record highs as escalating tariffs and a growing debate about monetary policy have done little to shake markets. The Nasdaq Composite led the gains last week, rising more than 1.6%. Meanwhile the S&P 500 popped about 0.7% while the Dow Jones Industrial Average…