Wall Street tumbles on renewed U.S.-China trade jitters
NEW YORK (Reuters) – U.S. stocks fell on Wednesday on renewed uncertainty regarding the U.S. stance on Chinese investments in…
Global stocks slide on intensifying trade row, dollar wobbles
TOKYO (Reuters) – World stocks extended a sell-off on Tuesday as an escalating trade fight between the United States and…
Wall Street Week Ahead: Supercharged telecom sector could become investor favorite
SAN FRANCISCO (Reuters) – An overhauled telecommunications sector featuring most of the so-called FANG stocks could debut as Wall Street’s…
U.S. medical device firm electroCore IPO price set at $15 per share
(Reuters) – U.S. medical device maker electroCore Llc’s initial public offering is expected to price at $15 per share, Chief…
Asian shares edge ahead, oil subdued before OPEC meeting
SYDNEY (Reuters) – Asian shares crept ahead on Thursday as a lull in the Sino-U.S. trade tussle and talk of…
Media stocks, techs boost S&P; Nasdaq hits record high
(Reuters) – A jump in technology and media stocks lifted the S&P 500 on Wednesday and pushed the Nasdaq to…
World shares snap five-day losing streak on China policy easing
LONDON (Reuters) – World stocks steadied near three-week lows on Wednesday and Chinese markets bounced after recent sharp falls as…
Wall Street falls, Dow gives up 2018 gains on trade war fears
NEW YORK (Reuters) – U.S. stocks fell on Tuesday as a sharp escalation in the trade dispute between the United…
ZTE, U.S. suppliers shares tank after Senate puts Trump reprieve in doubt
HONG KONG (Reuters) – Shares of ZTE Corp and its American business partners took a hit on Tuesday after the…
Exclusive: China’s Xiaomi cuts valuation after pulling mainland offering: sources
HONG KONG/SHANGHAI (Reuters/IFR) – Chinese smartphone maker Xiaomi has lowered its likely valuation to between $55 billion and $70 billion…
Asian shares fall as Sino-U.S. trade spat intensifies
TOKYO (Reuters) – Asian shares retreated on Monday after U.S. President Donald Trump cranked up trade tensions with China by…
International fund managers turn to financials, tech as trade worries rise
NEW YORK (Reuters) – The rising tensions over global trade policy are prompting some top-performing international fund managers to look…
S&P inches higher as ECB signals gradual rate hikes
(Reuters) – U.S. stocks ticked higher on Thursday, after the European Central Bank signaled that any interest rate hike was…
Wall Street edges higher; Fed in focus
(Reuters) – Wall Street’s main indexes posted small gains on Tuesday as bank shares gained in anticipation of an interest…
iPhone worries weigh on Wall Street
(Reuters) – U.S. stock indexes were lower on Friday as shares of Apple and its suppliers fell, following a report…
Tech rally loses steam, McDonald’s pushes Dow higher
(Reuters) – A rally in technology stocks came to a halt on Thursday, setting up the Nasdaq for its first…
Tech leads Wall Street’s advance after strong jobs data
(Reuters) – Wall Street stocks rose on Friday after the latest monthly jobs report pointed to strength in the U.S.…
Wall Street bounces back after selloff driven by Italy turmoil
(Reuters) – Wall Street rose on Wednesday, with gains in energy and banking stocks fueling the recovery from a steep…
Shares fall on Italian turmoil, euro near 6-1/2 month lows
SYDNEY (Reuters) – Asian shares fell on Tuesday and the euro hovered near 6-1/2 month lows as early elections loomed…
Oil falls as OPEC, Russia look to raise output amid U.S. surge
SINGAPORE (Reuters) – Oil prices fell on Monday, extending even steeper declines from Friday, as Saudi Arabia and Russia said…
Oil prices fall as top three producers look to boost supplies
SINGAPORE (Reuters) – Oil prices fell on Monday, extending a steep decline in the previous session, as the market eyed…
S&P, Dow fall as oil drop hurts energy; chipmakers boost Nasdaq
NEW YORK (Reuters) – The S&P 500 and the Dow eased on Friday after a steep drop in oil prices…
Investors find little appetite for consumer staples
(Reuters) – The consumer staples index .SPLRCS, the S&P 500’s biggest laggard for 2018, could have further to fall and…
Icahn sells some of his Herbalife shares, remains biggest investor
BOSTON (Reuters) – Billionaire investor Carl Icahn said on Friday that he sold some of his shares in Herbalife (HLF.N)…
Wall Street slips as oil slump drags energy stocks
(Reuters) – The S&P 500 index and the Dow Jones Industrial Average were slightly lower on Friday as a steep…
Stock futures steady as North Korea keeps talks on table, oil weighs
(Reuters) – U.S. stock market futures steadied on Friday, helped by a measured response by North Korea to President Donald…
Comcast prepares to top Disney’s $50 billion offer for Fox
(Reuters) – Comcast Corp (CMCSA.O) confirmed on Wednesday it was preparing a higher, all-cash offer for most of the media…
Wall Street edges lower as Trump adds to trade talks uncertainty
(Reuters) – U.S. stocks were slightly lower on Wednesday after President Donald Trump’s latest comments fueled skepticism over U.S.-China trade…
Trump calls for new ‘structure’for U.S.-China trade deal
WASHINGTON (Reuters) – U.S. President Donald Trump on Wednesday signaled a new direction in U.S.-China trade talks and said any…
Beer maker AB InBev pumps up the volume in Africa
JOHANNESBURG/BRUSSELS/LONDON (Reuters) – Sitting outside the ramshackle Vimba Tavern in Johannesburg’s Alexandra township, Patrick Mashego swigs from a one-liter bottle…
Rising oil prices help ground U.S. airline stocks; could make them cheap
NEW YORK (Reuters) – Shares of U.S. airlines have been depressed by rising oil prices this year, but their descent…
Wall Street rallies on trade war truce, $28 billion in mergers
(Reuters) – U.S. stocks rallied broadly on Monday after the United States and China put a potential trade war “on…
Model 3 price hype helps Tesla shares bounce
(Reuters) – Shares in Tesla Inc (TSLA.O) jumped more than 4 percent on Monday as investors were encouraged by the…
U.S. stocks futures open higher with possible China trade war on hold
(Reuters) – U.S. stock future opened higher on Sunday after Treasury Secretary Steven Mnuchin said on Sunday that the United…
Wall Street’s ‘Sell in May’ could be fading away
NEW YORK (Reuters) – “Sell in May and go away,” arguably the most well-worn axiom on Wall Street, has proven…
Campbell Soup CEO quits; company cuts forecast, to review portfolio
(Reuters) – Campbell Soup Co Chief Executive Officer Denise Morrison unexpectedly stepped down on Friday, as the company issued a…
Deutsche Boerse to include tech stocks in MDAX and SDAX in index shakeup
FRANKFURT (Reuters) – Deutsche Boerse, the German stock exchange operator, is planning a major shakeup of the composition of three…
Wall Street posts weekly loss as banks, chipmakers weigh
NEW YORK (Reuters) – The S&P 500 ended lower on Friday after a choppy trading session as bank and chipmaker…
Oil prices firm on OPEC cuts, strong demand and looming Iran sanctions
SINGAPORE (Reuters) – Oil prices held firm on Friday on strong demand, ongoing supply cuts led by producer cartel OPEC…
Asia stocks edge higher, investors cautious on U.S.-China trade talks
TOKYO (Reuters) – Asian stocks edged up on Friday as investors kept a cautious watch on developments in U.S.-China trade…
Walmart’s first quarter margins under pressure, e-commerce rebounds
NEW YORK (Reuters) – Walmart Inc on Thursday said profit margins during the first quarter remained under pressure due to…
Diesel fallout is responsibility of carmakers: German minister
BERLIN (Reuters) – German carmakers will have to take responsibility for the fallout from their cheating in diesel cars’ emission…
Government borrowing costs rise as oil heads back to the 80s
LONDON (Reuters) – The dollar took a breather at a five-month high on Thursday, though government borrowing costs continued to…
Asia oil thirst tab $1 trillion a year as crude rises to $80
SINGAPORE/MUMBAI (Reuters) – Oil prices are poised to break through $80 per barrel and Asia’s demand is at a record,…
Asian shares inch higher; euro tries to shake off Italian political risk
SINGAPORE (Reuters) – Asian shares edged higher on Thursday while the euro gained some respite after hitting five-month lows a…
Asian shares steady; euro hampered by Italian political risk
SINGAPORE (Reuters) – Asian shares held steady on Thursday, while the euro struggled near five-month lows set a day earlier…
Wall Street edges higher as retail stocks gain
(Reuters) – Wall Street edged higher on Wednesday as Macy’s strong results helped drive gains in retails stocks and more…
Italian stocks slide, dollar powers on to new 2018 high
LONDON (Reuters) – Italian stocks slid on Wednesday after reports that the two parties seeking to form Italy’s next government…
Asian shares lower as North Korea suspends talks, U.S. yields shoot higher
SHANGHAI (Reuters) – Asian markets fell in early trade on Wednesday after Pyongyang called off talks with Seoul, throwing a…
Home Depot posts rare sales miss as delayed spring hits demand
(Reuters) – Home Depot Inc (HD.N) on Tuesday missed Wall Street forecasts for sales at established stores, as an unusually…
Stock futures add to losses after retail sales data
(Reuters) – U.S. stock index futures added to their losses on Tuesday after data showed retail sales increased moderately in…
Gaming investors eye jackpot from U.S. sports betting ruling
New York (Reuters) – Shares in gaming and casino companies jumped on Monday, led by Scientific Games Corp (SGMS.O), as…
Wall Street climbs on easing U.S.-China trade tensions
(Reuters) – Wall Street indexes rose on Monday, helped by gains in technology stocks after President Donald Trump softened his…
Stock futures rise as U.S.-China trade tensions ease
(Reuters) – U.S. stock index futures rose on Monday on signs of easing trade tensions between the world’s two largest…
Oil cautious on rise in U.S. drilling, Iran sanctions opposition
SINGAPORE (Reuters) – Oil prices edged lower on Monday as a relentless rise in U.S. drilling activity points to increased…
Wall Street rises with healthcare rally after Trump’s speech
(Reuters) – The S&P 500 rose on Friday, helped by healthcare stocks after President Donald Trump blasted high drug prices…
China Three Gorges launches $10.8 billion bid for Portuguese power firm EDP
LISBON (Reuters) – China’s state-owned utility China Three Gorges on Friday launched a bid to take control of Portugal’s biggest…