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Wednesday, June 26, 2019

Tag: Wall Street

On cue, Wall Street challenges Bernie Sanders’s trading tax plan

Analysts warns that Bernie Sanders's plan could make markets more volatile and that the costs would ultimately be borne by American households.

US stocks edge up ahead of data, G20

About 15 minutes into trading, the Dow Jones Industrial Average stood at 26,786.82, up 0.3%.

Wall Street edges lower on China economy woes, tech outlook

Wall Street sags into the red on Friday but clung to slender gains for the week as investors were buffeted by an array of global uncertainties and risks.

Uber’s first earnings will test how well it manages expectations

The first-quarter net loss is expected to be US$1 billion to US$1.11 billion on revenue of US$3.04 billion to US$3.10 billion.

Wall Street slides as trade tensions fuel growth fears

Growing fears are sending investors to the safety of government bonds as trade tensions between the United States and China escalate further.

US stocks decline amid trade uncertainty

The broad-based S&P 500 shed 0.4% to 2,864.09, while the Nasdaq Composite Index also dipped 0.4% to 7,863.76.

Wall St. gains as trade optimism trumps dim economic data

Following reports that US President Donald Trump would hold off on imposing tariffs on imported cars and parts, Wall Street's outlook turned positive and eased slowdown fears after discouraging economic data.

Meat based alternatives gain new popularity

The companies are banking on changing dietary habits of part of the population limiting meat consumption for environmental, health or animal rights reasons.

US bank execs say Wall Street has reformed, though crisis scars...

There was also an acknowledgement that scars from the crisis linger, and that many consumers still have a negative perception of the financial industry.

A Federal Reserve beholden to markets is all bulls care about

While no one expects the Fed to raise rates, investors will be eyeing the dot plot and looking for more details on the balance sheet.

Wall Street gains on US-China trade optimism

The benchmark S&P is now just about 4% away from its record closing high in September.

Wall Street treads water amid trade, corporate worries

About an hour into the day's trading, the benchmark Dow Jones Industrial Average was essentially flat at 25,695.29.

Wall Street opens higher, disregarding global turbulence

Investors were cheered by the US manufacturing sector's boost in January while wholesale inflation was tame in February.

Wall St up as inflation data supports dovish Fed; Boeing slips...

Investors are watching the outcome of the Brexit vote as it has been one of the persistent uncertainties in the market.

Trump’s push to ease Wall Street rules hindered by missteps

A rewrite released last year could let Wall Street firms re-deploy a whopping US$121 billion now locked up in their banking subsidiaries.

Dow to open sharply lower as heavyweight Boeing slides after plane...

Shares of American Airlines Group, Southwest Airlines and JetBlue Airways also dropped between 1.1% and 2.5% on the news.

Wall Street’s oldest-ever bull market turns 10 years old

Wall Street's 10-year-old bull market emerged from a financial crisis in 2009.

US stocks tumble on weak ECB outlook

The declines came after the ECB slashed its 2019 economic growth and inflation forecasts.

US stocks edge lower amid questions on trade talks

The Dow Jones Industrial Average lost 0.1% to close the session at 25,806.63.

Tokyo stocks open lower after Wall St declines

The benchmark Nikkei 225 index lost 0.58%, or 125.61 points, to 21,696.43 in early trade.

US stocks tumble after weak construction data

Stocks began reversing course after a 1500 GMT report said US construction spending fell 0.6% in December.

Tax law gives Wall Street break when buying private jets

As Republicans create more tax breaks for the rich, millionaires buy private jets for their own purposes.

US stocks dip as Tesla falls on latest Musk controversy

The broad-based S&P 500 slipped 0.1% to 2,792.40, while the tech-rich Nasdaq Composite Index declined 0.2% to 7,542.39.

US stock futures rise as Trump delays tariff increase

The latest round of negotiations in Washington was extended into the weekend.