US US. equities rose, gaining 1%, with technology shares rallying after strong earnings from Facebook Inc. and Advanced Micro Devices Inc. offered a reprieve for bulls. Rate-sensitive shares advanced as the 10-year yield fell below 3% falling for the first time in nine days. Europe European stocks gained 0.6%, as a retreat in the euro fuelled hopes of […]
US US. stocks were little changed, with the S&P 500 ending the day virtually flat amid the slowest trading this year. In currency news the dollar rose to its highest level in more than three months as the prospect of yields on benchmark U.S. Treasuries reaching 3% reignited demand. The greenback strengthened against major peers […]
US US stocks continued their strong start to the week. The S&P 500 rose 1.1%, with Technology and Consumer Discretionary stocks contributing the most gains. Healthy corporate profits were the primary catalyst behind the positive session for equities. Netflix Q1 earnings garnered most attention after it reported better than expected subscriber growth. Shares rose 9.2%. […]
US U.S. stocks advanced, and Treasuries retreated as President Donald Trump said he’s considering re-joining the Trans-Pacific Partnership trade deal he pulled out of shortly after taking office. Trump also said that a decision on any military retaliation in Syria will come “fairly soon,” one day after he tweeted a warning to “get ready” for a missile […]
US US stocks closed sharply higher yesterday following a speech from Chinese President Xi that eased trade concerns. The S&P 500 traded 1.7% higher with gains broad based across sectors. Chinese President Xi Jinping discussed plans to further open up the country’s economy, with measures including lowering import tariffs on autos, enforcing legal intellectual property […]
US The S&P 500 Index fell more than 2% and all 30 members of the Dow Jones Industrial Average retreated as President Donald Trump ordered a review of additional tariffs that prompted an aggressive response from China. Attempts by White House officials to tone down concerns failed to calm nerves, with the CBOE Volatility Index (VIX) back […]