(Reuters) – U.S. stocks fell on Monday, with the Nasdaq down more than 3%, as worries mounted over the pace of economic growth and a possible spillover from China Evergrande’s […]
Wall St drops 2% on growth worries; focus turns to Fed
(Reuters) – Wall Street’s main indexes tumbled on Monday, as concerns about the pace of a global recovery spurred a selloff across sectors at the start of a week in […]
Genworth revives mortgage insurance unit's IPO, targets over $3 billion valuation
(Reuters) – Genworth Financial Inc on Monday revived plans for an initial public offering (IPO) of Enact Holdings, aiming for a valuation of more than $3 billion for its mortgage […]
Wall Street ends down, Apple sinks on app store ruling
(Reuters) – Wall Street ended sharply lower on Friday as investors weighed signs of higher inflation, while Apple Inc tumbled following an unfavorable court ruling related to its app store.FILE […]
S&P 500, Nasdaq hit record highs on boost from tech, oil stocks
(Reuters) – The S&P 500 and Nasdaq hit record highs on Thursday on gains in heavyweight technology and energy companies, as well as hopes that the Federal Reserve will maintain […]
S&P 500, Nasdaq set for all-time closing highs as Powell sooths taper worries
NEW YORK (Reuters) – Wall Street advanced on Friday as U.S. Federal Reserve Chairman Jerome Powell’s remarks at the Jackson Hole Symposium calmed fears over the tapering timetable and sent […]
Fed hawks circle before Powell speech as they push for bond taper
WASHINGTON (Reuters) – The U.S. Federal Reserve’s hawkish wing used the day before a marquee speech by Fed Chair Jerome Powell to urge the central bank to begin paring bond […]
Wall St open higher on boost from banks, oil
Signage hangs over the trading floor at the New York Stock Exchange (NYSE) in Manhattan, New York City, U.S., August 19, 2021. REUTERS/Andrew Kelly(Reuters) – Wall Street’s main indexes opened […]
Wall St rebounds on tech support, but heads for weekly losses
(Reuters) – Wall Street’s main indexes rose on Friday, boosted by tech stocks in a broad-based rally, although concerns over a slowing economic recovery and the possible tapering of stimulus […]
Democrats should raise U.S. debt ceiling on their own -McConnell
FILE PHOTO: Senate Minority leader Mitch McConnell (R-KY) enters a Republican news conference to speak out against potential Democratic tax hikes and the national debt at the U.S. Capitol in […]