Tag: stocks
Stock rally not enough to save ARK from record 7-month losing streak
NEW YORK, June 1 (Reuters) - A sharp rally in the broad U.S. stock market over the last week in May was not enough...
U.S. stock market rebound faces key inflation test
NEW YORK (Reuters) -A rally that lifted U.S. stocks from the brink of a bear market faces an important test next week, when consumer...
Energy stocks keep climbing with crude prices as OPEC+ plan disappoints
Energy stocks (NYSEARCA:XLE) rose as crude oil posted a sixth straight weekly advance, after markets shrugged off OPEC's modest production boost that seems unlikely...
Global equities fall despite positive U.S. economic data, dollar rises
NEW YORK (Reuters) -Global equities fell and the U.S. dollar advanced on Wednesday after stronger-than-expected economic data was unable to assuage investor concerns of...
U.S. Stocks Turn Lower as Investors Await May Jobs Data
U.S. stocks turned lower on Wednesday as investors prepare to take in a spate of job numbers that could provide more clarity on the...
Dow Futures Up 80 Pts; Jobs Openings, Manufacturing PMI Data in Focus
U.S. stocks are seen opening in a muted fashion Wednesday, with investors looking to the economic data dump later in the session for direction. At...
Equities rise, yields fall after data shows U.S. inflation may have peaked
By Elizabeth Dilts Marshall NEW YORK (Reuters) - World shares rose and the yield on benchmark U.S. Treasuries weakened on Friday after data showed that...
Dow Futures Rise 120 Pts; Nvidia Guidance Weighs on Tech Sector
U.S. stocks are seen opening marginally higher Thursday, with the tech-heavy Nasdaq underperforming after a disappointing update from influential chipmaker Nvidia. At 7 AM ET...
Congo auditor says $400 million went missing from state mining company
KINSHASA (Reuters) - More than $400 million in tax advances and loans that Democratic Republic of Congo's state mining company Gecamines said it paid...
Morgan Stanley Prefers US Small Caps Over Large Caps
In a note on SMID caps released Friday, Morgan Stanley equity strategist Michelle Weaver said the firm currently prefers US small caps over large...
Hope Blooms for China Stocks as Analysts Stop Cutting Estimates
(Bloomberg) -- A stabilization in earnings expectations is adding to optimism that the worst may be over for China’s beleaguered stocks. Analysts have stopped cutting...
Gilead drug modestly delays breast cancer progression in late-stage trial
(Reuters) - Gilead Sciences Inc (NASDAQ:GILD)'s Trodelvy extended by 1.5 months, or 34%, the length of time women with advanced stages of the most...