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April 24, 2021
Wall St rallies on strong economic data HIGH HOPES: Forty percent of the S&P 500โs market cap are to issue their earnings results next week, and expectations have been growing in the past few weeks Reuters US stocks rallied on Friday, driving the S&P 500 to a near-record closing high, after factory data and new home sales underscored a booming economy while megacap stocks rose in anticipation of strong earnings reports next week. The bounceback foll...
April 23, 2021
* Honeywell down on aerospace unit revenue miss * Pinterest up as Credit Suisse raises price target * Indexes up: Dow 0.7%, S&P 500 1.2%, Nasdaq 1.6% (Adds mid-afternoon prices) April 23 (Reuters) - U.S. stocks rose in a broad rally on Friday as increased factory output and housing data supported expectations of a swift economic recovery๏ผwhile big tech stocks rose in anticipation of strong earnings reports next week. The bounceback follows a sell-off on Thursday when reports that U.S. Preside...
April 23, 2021
Article content U.S. stocks rallied on Friday, driving the S&P 500 to a near-record closing high, after factory data and new home sales underscored a booming economy while big tech stocks rose in anticipation of strong earnings reports next week. The bounceback follows a sell-off on Thursday when reports that U.S. President Joe Biden plans to almost double the capital gains tax spooked investors. Analysts dismissed the slide as a knee-jerk reaction and pointed to the strong outlook. We apologiz...
April 23, 2021
Wall Street rallies on strong economic data; tech in focus By Herbert Lash Reuters (Reuters) -U.S. stocks rallied on Friday, driving the S&P 500 to a near-record closing high, after factory data and new home sales underscored a booming economy while megacap stocks rose in anticipation of strong earnings reports next week. The bounceback follows a sell-off on Thursday when reports that U.S. President Joe Biden plans to almost double the capital gains tax spooked investors. Analysts dismissed the...
April 15, 2021
Thursday, 15 Apr 2021 07:18 AM MYT In Europe, upbeat earnings from German software firm SAP and French luxury goods maker LVMH lifted the pan-regional STOXX 600 index, which closed just below a record high set last week. โ Reuters pic Subscribe to our Telegram channel for the latest updates on news you need to know. NEW YORK, April 15 โ Major global stock indexes scaled new peaks yesterday after upbeat US and European earnings pointed to a strong recovery from the coronavirus pandemic, whil...
April 14, 2021
GLOBAL MARKETS-World stocks dip after new highs, dollar falls Reuters 2 days ago (Adds close of U.S. markets) Popular Searches * Bond yields near three-week lows * Bitcoin hits record high, dollar weakens By Herbert Lash and Tom Arnold NEW YORK/LONDON, April 14 (Reuters) - Major global stock indexes scaled new peaks on Wednesday before shedding gains that anticipated a strong recovery from the coronavirus pandemic, while the dollar dipped to three-week lows as Treasury yields held below recen...
April 14, 2021
GLOBAL MARKETS-World stocks soar to fresh peaks, dollar slips Reuters 4 hrs ago (Adds oil, gold settlement prices, remarks) Popular Searches * Bond yields near three-week lows * Bitcoin hits record high, dollar weakens By Herbert Lash and Tom Arnold NEW YORK/LONDON, April 14 (Reuters) - Major global stock indexes scaled new peaks on Wednesday after upbeat U.S. and European earnings pointed to a strong recovery from the coronavirus pandemic, while the dollar dipped to three-week lows as Treasu...
April 14, 2021
5 Min Read NEW YORK/LONDON (Reuters) - Major global stock indexes scaled new peaks on Wednesday before shedding gains that anticipated a strong recovery from the coronavirus pandemic, while the dollar dipped to three-week lows as Treasury yields held below recent highs. FILE PHOTO: The German share price index DAX graph is pictured at the stock exchange in Frankfurt, Germany, April 8, 2021. REUTERS/Staff High-flying growth stocks declined on Wall Street, sending the benchmark S&P 500 and Nas...
April 11, 2021
Analysts see corporate earnings being a positive catalyst for markets
April 11, 2021
4 Min Read April 8 (Reuters) - Asian equities are set for a choppy trading session on Friday after technology stocks lifted the S&P 500 to a new record even as investors weighed an unexpected rise in the number of Americans filing new claims for unemployment benefits. A U.S. jobless claims report showed a second straight weekly increase earlier on Thursday, bucking the streak of strong economic data from payrolls and job vacancies that had buoyed investor confidence in a quick economic rebound....