Harry Robertson. Iain Withers, Ankur Banerjee LONDON, Jan 31 (Reuters) – Global stocks rose on Friday at the end of a volatile week for markets, as sentiment was buoyed by Apple’s earnings report and an in-line U.S. inflation reading. Meanwhile, currency traders were bracing for U.S. President Donald Trump to put 25% tariffs on Canada and…
U.S. stocks opened little changed after rallying all week, and were still on track for a second consecutive weekly gain after President Donald Trump softened his tone on tariffs, and called for lower interest rates and cheaper oil in his first week back in the White House. Trump suggested 25% duties on Canada and Mexico…
U.S. stock markets will be closed on Monday, Jan. 20, in observance of the Martin Luther King Jr. Day holiday. President Ronald Reagan signed the King Holiday Bill into law on Nov. 2, 1983, thus designating the third Monday in January a federal holiday in observance of civil rights leader Dr. Martin Luther King, Jr,…
The Nasdaq and the S&P 500 rose to record closing highs on Friday following upbeat forecasts from Lululemon Athletica and other companies and as U.S. jobs data fueled expectations the Federal Reserve would cut interest rates this month. The Dow finished lower, as a 5.1% drop in UnitedHealth Group UNH.N shares weighed on the index. The S&P 500 consumer discretionary index .SPLRCD…
The Nasdaq and S&P 500 ended higher on Monday, boosted by tech-related shares after the market posted a strong November, with investors awaiting this week’s economic data including the key monthly jobs report on Friday. The Dow was down slightly on the day. Both the Dow and S&P 500 recorded their biggest monthly percentage gains in a year on Friday. The…
United States stock markets will be closing early on Friday, Nov. 29 after being closed altogether on Thursday, Nov. 28, in observance of the Thanksgiving holiday. The Nasdaq and New York Stock Exchange are both closed on Thanksgiving and will re-open on Nov. 29, but shut down early at 1 p.m. ET. The U.S. bond market will also be…
Wall Street’s main indexes edged lower in choppy trading on Thursday after monthly producer prices rose as expected, with investors awaiting Fed Chair Jerome Powell’s comments later in the day for clues on the outlook for interest rates. The producer price index (PPI) for final demand rose 0.2% on a monthly basis in October, in line…
Nov 13 (Reuters) – Wall Street’s main indexes inched higher on Wednesday after in-line consumer price inflation data kept the U.S. Federal Reserve on track to deliver another interest rate cut in December. The consumer price index rose 0.2% in October for the fourth straight month, the Labor Department’s Bureau of Labor Statistics said, and advanced 2.6% on an…
Major U.S. stock indexes slipped while oil prices climbed on Tuesday amid worries about escalating tensions in the Middle East. Iran launched missiles at Israel, according to Israel Defense Forces (IDF). The IDF’s announcement came just hours after a U.S. official said Iran was preparing imminently to launch a ballistic missile attack against Israel. The official…