REPRESENTING

Wall Street mixed; Dow pressured by selloff in Salesforce shares

Salesforce drops co-CEO exit plan Dollar General falls on the reduction of its annual profits U.S. manufacturing declines for the first time in 2.5 years in November Indices: S&P 500 -0.09%, Nasdaq +0.14%, Dow -0.59% Dec 1 (Reuters) – Wall Street was mixed on Thursday as a selloff by Salesforce weighed on the Dow Jones, …

Wall Street mixed; Dow pressured by selloff in Salesforce shares Read More »

Wall Street rises as Fed signals slowdown in rate hikes

Growth stocks rebound as Treasury yields fall Tesla leaps as Citigroup modernizes Nordstrom falls on reduced earnings forecast Dow Jones Industrial closed at the highest level since April Dow up 0.28%, S&P 500 up 0.59%, Nasdaq up 0.99% Nov 23 (Reuters) – Major Wall Street indexes ended Wednesday with strong gains after minutes from the …

Wall Street rises as Fed signals slowdown in rate hikes Read More »

Stocks churn ahead of Fed minutes as oil tumbles on price cap plan

Fed Minutes for November at 7:00 p.m. GMT American Thanksgiving holiday on Thursday Stocks post weak gains globally Eurozone economic data point to recession China hit by rising COVID-19 infections LONDON, Nov 23 (Reuters) – Global stocks rebounded on Wednesday ahead of minutes of a Federal Reserve meeting that could shed light on whether the …

Stocks churn ahead of Fed minutes as oil tumbles on price cap plan Read More »

Oil prices ease to near 2-month lows on China demand fears, dollar strength

Brent and WTI contracts fell around $1 a barrel earlier Beijing districts close schools as China’s COVID cases rise Rising dollar weighs on prices LONDON, Nov 21 (Reuters) – Oil prices fell on Monday to trade near their lowest level in two months, after falling around $1 a barrel as supply fears faded while concerns …

Oil prices ease to near 2-month lows on China demand fears, dollar strength Read More »

Wall Street drops as hawkish Fed official comments weigh

Fed’s Bullard backs further rate hikes Data shows that the US labor market remains tight Cisco shares rise after Co raises full-year outlook Macy’s jumps on raising its earnings forecast Indices down: Dow 0.02%, S&P 0.31%, Nasdaq 0.35% Nov 17 (Reuters) – Wall Street’s major indexes ended slightly lower on Thursday in a choppy session …

Wall Street drops as hawkish Fed official comments weigh Read More »

Fed’s Barr: Concerned about blowback to financial system from crypto

Nov 15 (Reuters) – Michael Barr, the Federal Reserve’s top financial regulator, said on Tuesday he was concerned about risks to the non-banking sector, including cryptocurrencies, for which the U.S. central bank and other regulators have low visibility. “We are concerned about risks that we ignore in the non-banking sector,” Barr said in response to …

Fed’s Barr: Concerned about blowback to financial system from crypto Read More »

Wall Street ends lower as investors gauge Fed’s policy path

Losses accelerate as choppy session ends Fed’s Brainard signals slower rate hikes ahead Real estate, the main discretionary declines of the S&P sector Biogen and Lilly rise up over failure of Roche’s Alzheimer’s drug Indices down: Dow 0.63%, S&P 500 0.89%, Nasdaq 1.12% Nov 14 (Reuters) – Wall Street’s major indexes ended lower on Monday, …

Wall Street ends lower as investors gauge Fed’s policy path Read More »

Asian shares fall ahead of U.S. CPI, crypto worries mount

https://tmsnrt.rs/2zpUAr4 Dollar Holds Firm, Crypto Fuels Spillover Fears European markets set to open lower Mainland China and Hong Kong stocks battered by spike in COVID cases Focus on US inflation for signs of slowing Fed rate hike SYDNEY, Nov 10 (Reuters) – Asian stock markets fell on Thursday and the dollar held on to overnight …

Asian shares fall ahead of U.S. CPI, crypto worries mount Read More »

Wall Street ends lower after midterm election, CPI in focus

Meta Platforms wins over decision to cut 11,000 jobs Disney sees biggest one-day drop since 2001 after report Indices: S&P 500 -2.08%, Nasdaq -2.48%, Dow -1.95% Nov 9 (Reuters) – Wall Street closed sharply lower on Wednesday as Republican gains in the midterm elections looked more modest than some expected as investors also focused on …

Wall Street ends lower after midterm election, CPI in focus Read More »