Wall St. rallies as Powell stays on rate-hike course
(Reuters) – Wall Street rallied on Friday, with the S&P 500 and the Nasdaq hitting all-time highs, after Federal Reserve Chair Jerome Powell said the central bank’s current approach to…
Stock futures flat as U.S.-China tariffs kick in
(Reuters) – U.S. stock index futures were little changed on Thursday as the United States and China slapped 25 percent tariffs on $16 billion worth of each other’s goods, despite…
Asian shares flat as drop in S&P 500 futures weighs
SHANGHAI (Reuters) – Asian stocks were flat in early trade on Wednesday after Wall Street ended higher, with the S&P 500 index touching a record high on Tuesday, and as…
Asia stocks capped, dollar droops following Trump comments
TOKYO (Reuters) – Asian stocks were capped and the dollar dipped on Tuesday after U.S. President Donald Trump accused China and Europe of manipulating their currencies and said he was…
Asia shares inch up with yuan, wary on Sino-U.S. talks
SYDNEY (Reuters) – Asian share markets crept cautiously higher on Monday as investors awaited developments on proposed Sino-U.S. trade talks and the Chinese yuan rallied away from dangerous lows. FILE…
Chinese internet stock sell-off may shake faith in FANGs
SAN FRANCISCO (Reuters) – A steep downturn in heavyweight Chinese internet stocks and recent weakness in half of the so-called FANG group have some investors worried that a key component…
Stocks, emerging currencies, lick wounds as lira bounces for second day
LONDON (Reuters) – Action from Turkey’s central bank pushed the lira higher for a second day on Wednesday, helping European stocks and emerging currencies consolidate recent losses though the dollar…
Asia shares, euro under water as Turkish lira sinks
SYDNEY (Reuters) – Asia share markets skidded and the euro hit one-year lows on Monday as a renewed rout in the Turkish lira drove demand for safe harbors, including the…
Turkish lira’s free-fall rocks equity markets, euro falls
NEW YORK/LONDON (Reuters) – A plunge in the Turkish lira rocked global equities and emerging markets on Friday and fear of more turmoil sent investors scurrying for safety in assets…
Wall St. falls amid Turkey woes; banks, tech decline
NEW YORK (Reuters) – U.S. stocks slid on Friday as a deepening economic crisis in Turkey dragged on bank stocks and triggered fears that it could spread to other global…