Amazon founder and the world’s fourth richest person, Jeff Bezos, sold 3.4 million Amazon shares worth £568.85 million ($768.9 million) based on the Thursday closing price of £164.43 ($222.26) per share. The stock sale was completed between 3rd and 9th July across four trades, according to the latest filings with the US Securities and Exchange…
Wall Street investors in the week ahead are expected to focus on key economic data, including monthly non-farm payrolls report, and on Senate Republicans’ push to pass US President Donald Trump’s “One Big Beautiful Act” legislation. The Republicans are planning to vote on the proposed budget reconciliation bill over the weekend. It was passed in…
U.S. stocks are drifting higher on Friday in their return to trading following the Juneteenth holiday. The S&P 500 was up 0.4% in early trading and adding to its modest gain for the week. The Dow Jones Industrial Average was up 162 points, or 0.4%, as of 9:35 am. Eastern time, and the Nasdaq composite…
By STAN CHOE AP, Business Writer NEW YORK (AP) — U.S. stocks are drifting higher on Friday in their return to trading following the Juneteenth holiday. The S&P 500 was up 0.4% in early trading and adding to its modest gain for the week. The Dow Jones Industrial Average was up 162 points, or 0.4%, as of…
The upheaval in stocks has been grabbing all the headlines, but there is a bigger problem looming in another corner of the financial markets that rarely gets headlines: Investors are dumping US government bonds. Normally, investors rush into Treasury at a whiff of economic chaos but now they are selling them as not even the…
Wall Street stocks were back in free fall on Thursday. Washington: Wall Street stocks were back in free fall Thursday after the prior session’s mammoth rally as markets gyrated amid rising worries about a US trade war and US recession. Near 1630 GMT, the S&P 500 was down about six percent, with the Dow off…
Apr 07, 2025 06:16 AM IST Donald Trump advisers called tariffs a smart move in global trade, downplaying concerns ahead of a possibly shaky start to Asian markets on Monday. Top US officials on Sunday defended sweeping new tariffs rolled out by President Donald Trump, saying more than 50 nations have reached out to the…
A graduate of the renowned Harvard University with a doctorate in Law, Jim Cramer, the founder of TheStreet and CNBC host of the show “Mad Money”, warned global market investors about a potential bloodbath likely to happen after the stock markets reopen on Monday, April 7, reported multiple media outlets. Also Read | Can Indian…
Wall Street investors would have plenty of economic data to analyse in the week ahead. A key inflation – Federal Reserve-preferred Personal Consumption Expenditures (PCE) price index, flash PMI readings from the S&P, personal income and spending data, among other economic reports will be released. On Wednesday, the US central bank kept its interest rate…
As the first quarter of 2025 draws nearer to a close, it is clear which leading stock market has suffered most from US President Donald Trump’s erratic trade policies. Since February 19, the benchmark S&P 500 index has fallen 7.6 per cent. A gauge of the Magnificent Seven US technology companies, which drove the rally…