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Tag: record levels

The Nasdaq and S&P hit record highs driven by tech gains
  • Finance

The Nasdaq and S&P hit record highs driven by tech gains

Cs news8 months ago8 months ago02 mins

Driven by a continued boost in technology sector shares, the S&P 500 and Nasdaq composite ended Tuesday at record levels. The Nasdaq added 0.44%, and the S&P 500 was also up 0.40%, like other stocks in a bullish run this year. The Dow Jones Industrial Average was down by 0.17% as the market appears to…

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ExxonMobil profits dip as it gives back almost $10 bn to investors
  • World News

ExxonMobil profits dip as it gives back almost $10 bn to investors

Cs news9 months ago03 mins

ExxonMobil reported a dip in third-quarter profits Friday on lower earnings from its refining business, but the results were strong enough to enable nearly $10 billion in shareholder distributions. The big US oil company, which saw upstream oil production rise following its acquisition of Pioneer Natural Resources, pointed to the benefits of $11.3 billion in…

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'Trump trade' lifts dollar, Asia stocks await China news
  • China News

‘Trump trade’ lifts dollar, Asia stocks await China news

Cs news9 months ago06 mins

By Tom Westbrook SINGAPORE (Reuters) – Asian shares steadied on Thursday ahead of a housing policy briefing in China that has raised expectations of support for the ailing property sector, while the dollar stood near 2-1/2 month highs on the prospect of a Donald Trump presidency. Global bonds rallied after a surprisingly large drop in…

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