Business

Wall St books records, weekly gains on strong jobs report, Pfizer COVID-19 pill cheer

(Reuters) – Wall Street’s main indexes scored record closing highs on Friday and booked solid gains for the week following a strong U.S. jobs report and positive data for Pfizer’s experimental pill against COVID-19. The S&P 500 and the Nasdaq notched record high closes for their seventh straight sessions, while the Dow Jones Industrial Average […]

Analysis & Comment

Daily Mail publisher close to deal with pension trustees over Rothermere offer

FILE PHOTO: A clock face is seen outside of the London offices of the Daily Mail newspaper in London, Britain, April 28, 2018. REUTERS/Toby Melville/File Photo(Reuters) – The owner of Britain’s Daily Mail said on Tuesday it was close to agreeing a deal with its pension trustees that could see Rothermere Continuation Ltd pay them […]

Business

Wall Street rises as earnings whip up risk appetite

(Reuters) -U.S. stock indexes rose on Tuesday as upbeat results from Johnson & Johnson and Travelers fired up risk appetite, after big banks kicked off the third-quarter reporting period on a positive note last week.Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., October 18, 2021. REUTERS/Brendan […]

Business

Wall St set to open lower on slowing China growth, inflation worries

(Reuters) -Wall Street’s main indexes were set to open lower on Monday as economic growth in China slowed, while a relentless surge in oil prices fueled concerns about elevated inflation.FILE PHOTO: Traders work on the main trading floor of the New York Stock Exchange shortly after the opening bell of the trading session in the […]

Business

Futures slide on inflation worries; ADP jobs beat sparks taper fears

(Reuters) -U.S. stock index futures fell on Wednesday after soaring oil prices fed into fears of higher inflation, while a survey showing a strong rise in private jobs last month fueled concerns of sooner-than-expected easing of monetary stimulus.FILE PHOTO: Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, […]

Business

Wall Street opens higher on bargain hunting, Merck boost

FILE PHOTO: A Wall Street sign is pictured outside the New York Stock Exchange in New York, October 28, 2013. REUTERS/Carlo Allegri(Reuters) – Wall Street’s main indexes opened higher on Friday as steep losses in September saw investors buying into cheaper sectors, while drugmaker Merck rose on marking progress in the development of an oral […]

Business

Wall Street set to rebound on boost from tech stocks

(Reuters) -A rebound in beaten-down technology shares set U.S. stock indexes on course to open higher on Wednesday after concerns about inflation and rising Treasury yields sparked one of Wall Street’s worst selloffs this year.FILE PHOTO: A Wall Street sign is pictured outside the New York Stock Exchange in New York, October 28, 2013. REUTERS/Carlo […]

Business

Wall Street ends sharply lower in broad sell-off

NEW YORK (Reuters) – Wall Street fell in a broad sell-off on Monday, with the S&P 500 and Nasdaq suffering their biggest daily percentage drops since May, as fear of contagion from potential collapse of China’s Evergrande drove investors out of equities in a flight for safety. The Nasdaq also hit its lowest level in […]

Business

Wall Street tumbles at open on virus concerns

FILE PHOTO: A statue of George Washington stands as Federal Hall across Wall Street from the New York Stock Exchange in Manhattan in New York City, New York, U.S., October 26, 2020. REUTERS/Mike Segar(Reuters) – U.S. stocks opened lower on Monday as a new strain of the coronavirus in Britain raised fears of further economic […]

Business

Nasdaq ends at record high on stimulus bets, Apple boost

(Reuters) -Wall Street showed signs of a Santa rally on Tuesday, with the Nasdaq closing at a record high, helped by optimism about a potential government stimulus to protect the economy from the coronavirus pandemic.FILE PHOTO: The U.S. flag is seen on a building on Wall St. in the financial district in New York, U.S., […]