Investors look to Powell speech for interest rate clues US consumer confidence slips in November S&P 500 -0.16%, Nasdaq -0.59%, Dow +0.01% Nov 29 (Reuters) – The S&P 500 ended down on Tuesday, with losses in Apple and Amazon ahead of an upcoming speech by US Federal Reserve Chair Jerome Powell that could provide hints … Read more
Cyber Monday spending to hit $11.6 bln – report Crypto shares fall on BlockFi bankruptcy filing Biogen down after death in Alzheimer drug trial Indexes end: S&P 500 -1.54%, Nasdaq -1.58%, Dow -1.45% Nov 28 (Reuters) – US stocks ended sharply lower on Monday after protests in major Chinese cities against strict COVID-19 policies sparked … Read more
Growth stocks bounce as Treasury yields drop Tesla jumps as Citigroup upgrades Nordstrom falls on reduced profit forecast ROBOT Nov 23 (Reuters) – Wall Street’s main indexes ended Wednesday with solid gains after the Federal Reserve’s November meeting minutes showed interest rate hikes may slow soon. A “substantial majority” of policymakers agreed it would “likely … Read more
Nov 14 (Reuters) – Amazon.com Inc (AMZN.O) is planning to lay off around 10,000 employees in corporate and technology roles beginning this week, a person familiar with the matter said on Monday, in what would amount to its biggest such discount to date. The cuts, earlier reported by the New York Times, would represent about … Read more
Growth stocks lead value, Nasdaq rallies Nasdaq and S&P 500 gain for second day Indexes end: S&P 500 +0.93%, Nasdaq +1.88%, Dow +0.10% Nov 11 (Reuters) – The S&P 500 and Nasdaq ended sharply higher on Friday, extending a rally started the day before after a soft inflation reading raised hopes the Federal Reserve would … Read more
WASHINGTON, Aug 1 (Reuters) – The United States is considering limiting shipments of American chipmaking equipment to memory chip makers in China including Yangtze Memory Technologies Co Ltd (YMTC), according to four people familiar with the matter, part of a bid to halt China’s semiconductor sector advances and protects US companies. If President Joe Biden’s … Read more
MSCI World index up 0.3%; nearly 6% for the month Dollar down 0.5% against a basket of major peers Markets bet US slowdown to temper rate tightening LONDON/SINGAPORE, July 29 (Reuters) – Global stocks rose on Friday, on course for their best month since late 2020 as traders bet a weakening US economy could slow … Read more
US economy contracts in the second quarter Meta Platforms revenue drops for first time Ford shares gain after results Indexes: Dow up 1%, S&P 500 up 1.2%, Nasdaq up 1.1% NEW YORK, July 28 (Reuters) – US stocks on Thursday rallied for a second day, with all three major indexes ending up more than 1% … Read more
Tesla shares rise as profit tops expectations AT&T drags down communication services sector Amazon, Apple rise ahead of earnings on July 28 Energy stocks lead sectoral declines Indexes up: Dow 0.51%, S&P 500 0.99%, Nasdaq 1.36% July 21 (Reuters) – Wall Street’s main indexes rose on Thursday boosted by a late-afternoon rally and gains in … Read more
July 21 (Reuters) – Amazon.com Inc (AMZN.O) on Thursday agreed to buy primary care provider One Medical (ONEM.O) for $3.49 billion, expanding the e-commerce giant’s virtual healthcare and adding brick-and-mortar doctors ‘ offices for the first time. The all-cash deal would combine two relatively small players as Amazon continues a years-long march into US healthcare, … Read more