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Most #Asian_stocks moved in a flat-to-low #range on Thursday amid a dearth of direct trading cues and as markets awaited more comments from #Federal_Reserve officials and key U.S. inflation data in the coming days. #Chinese markets were among the few gainers for the day, rising ahead of key trade data for April that is […]
#Asian_stocks #sluggish before more #rate cues; #Chinese #markets gain : Read More »
#USA_dollar edged higher Wednesday, bouncing from recent weakness with a number of Fed officials set to speak. At 04:20 ET (08:20 GMT), the #Dollar Index, which tracks the #greenback against a basket of six other currencies, traded 0.2% higher at 105.500, climbing away from last week’s roughly one-month low. More #Fed speak awaits The
#Dollar pushes #higher; #Fed speakers in #focus : Read More »
#USA_stock futures hug the flatline as markets assess the potential of #Federal_Reserve interest rate cuts later this year. More quarterly earnings reports are due on Wednesday, including returns from #Uber #Technologies (NYSE:#UBER) and Arm Holdings (NASDAQ:#ARM). Toyota ‘s annual profit nearly doubles thanks to solid demand for its hybrid offerings, but the carmaker warns of a
#Futures tread water, more #earnings ahead, #Toyota reports – what’s moving #markets : Read More »
#Oil_prices steadied on Tuesday as easing supply concerns and signs of weakening demand countered fears of escalation in the #Middle_East. Brent crude futures fell 36 cents, or 0.4%, to $82.97 a #barrel by 11:21 a.m. ET (1521 GMT) #USA West Texas Intermediate crude futures were down 28 #cents, or 0.4%, to $78.20 a barrel.
#Oil_slides as easing supply #concerns overshadow #Middle_East #tensions : Read More »
#Analysts at #Bank_of_America told investors in a note Tuesday not to sell in May and go away as statistical data shows that presidential election years can see bug summer rallies. The S&P 500 (#SPX) tends to have a summer rally, and Presidential election years can see big summer rallies,” said the bank. Their #analysis
S&P 500: Don’t sell in May and go away #Bank_of_America : Read More »
The strength of the #USA_housing market and potentially stalled progress on inflation means monetary policy may not be as tight as Federal Reserve officials think it is, Minneapolis #Federal_Reserve President #Neel #Kashkari said in a new essay on Tuesday that raises the possibility price pressures are “settling” to a level above the Fed’s 2%
#Fed’s #Kashkari cites #high #risk inflation is “settling” : Read More »
#Joe_Biden on Tuesday warned that the threat of antisemitism is growing, in remarks honoring the 6 #million Jews killed in the #Holocaust, as his support for Israel’s assault on #Gaza divides his Democratic Party. “Never again simply translated for me means: Never forget. Never forgetting means we must keep telling the story, we must
#Biden #condemns #antisemitism at #Holocaust remembrance : Read More »
#TikTok and its #Chinese parent company #ByteDance sued in U.S. #federal court on Tuesday seeking to block a law signed by President #Joe_Biden that would force the divestiture of the short video #app used by 170 #million Americans or ban its use. The companies filed their lawsuit in the U.S. Court of Appeals for
#TikTok, #ByteDance sue to #block #US law seeking sale or ban of #app : Read More »
#USA_stocks edged higher Tuesday, maintaining recent bullish optimism ahead of more corporate #earnings and upcoming #Fed speakers this week. At 09:35 ET (13:35 GMT), the #Dow_Jones Industrial Average gained 50 #points, or 0.1%, the S&P 500 gained 12 points, or 0.2%, and the #NASDAQ Composite rose 20 points, or 0.1%. #Fed speakers in spotlightThe
#USA_stocks edge higher ahead of #Fed speakers; #Disney slumps on #earnings : Read More »
An #investment banker at #Bank_of_America has died, the #bank said on Monday. The person died of natural causes, according to an email from the #New_York Office of the Chief #Medical #Examiner, who confirmed details when asked about the case. The person died of “acute coronary artery thrombus,” the office said. The disease causes the
Bank of America investment banker dies Read More »