Market Pulse - Usa
US stocks closed higher on Thursday, reversing losses seen in the previous session, as the dollar surged against the pound and investors continued to eye the headlines around trade talks between the US and China.
Wall Street trading began with losses on Thursday, following on from those seen during the previous session, as the dollar surged against the pound and investors continued to eye headlines around trade talks between the US and China.
Walmart turned in a stronger-than-expected set of sales figures ahead of the all-important holiday season, leading the retailer to boost its full-year outlook and put rival Amazon on notice.
US jobless claims edged only slightly higher last week, but some economists believed there were signs in the data that, at least for now, momentum in the jobs market might be topping out.
US retail sales grew more quickly than expected last month, boosted by sales of motor vehicles, building materials and at gasoline stations.
Stocks across the Continent are trading slightly lower as investors digest the ongoing political convulsions in London, even as they keep a wary eye on the Italian government's antics with Brussels over its 2019 budget.
The Federal Reserve needs to calibrate how much it needs to further tighten monetary policy and at what pace, central bank chairman, Jerome Powell, said ovenright.
Wall Street swung into negative territory by the close on Wednesday, as investors thumbed over the latest reading on inflation and earnings from the likes of Macy's and Blue Apron.
A report from a US congressional commission recommends that Washington fund infrastructure in developing nations in order to counter Chinese financing deals.
Wall Street trading began on a positive note on Wednesday as investors thumbed over the latest reading on inflation and earnings from the likes of Macy's and Blue Apron.
Inflation in the US accelerated as expected last month, pushed higher by increased energy costs, but underlying price pressures were more modest than economists had anticipated.
Touchstone Exploration reported on Wednesday that it swung to a profit in the third quarter as the Trinidadfocused oil and gas company benefitted from increased production and rising oil prices.
New York-based office sharing outfit WeWork was valued at a mammoth $42bn as it agreed another major investment from Japanese conglomerate SoftBank.
US government agencies have launched an investigation into complaints that Snap attempted to cover up the potential threat to growth prospects of its Snapchat platform ahead of its initial public offering last year.
US stocks closed mostly lower on Tuesday as a late push was offset by plummeting oil prices cratered, dragging the energy sector sharply lower.
US stocks appear to be moving higher quickly on Tuesday following a hesitant start amid hopes that relations between China and the US are improving.
A more 'constructive' news-flow on the global trade front and news of a breakthrough in talks on the UK's withdrawal between London and Brussels, kept the Greenback from hitting a fresh 52-week high on Tuesday.
President Trump has initiated direct contact with Chinese President Xi Jinping ahead of the leaders’ meeting at the G20 in Argentina at the end of the month, White House economic adviser Larry Kudlow told CNBC on Tuesday.
Home Depot upped its sales and profits guidance for a second time this year on Tuesday thanks to a robust US housing market that has led many Americans to pour money back into their homes.
Analysts at Morgan Stanley on Tuesday downgraded their recommendation on the European Oil & Gas sector, arguing that the favourable tailwinds which had helped compress its relative dividend yield back to its historical norms had now largely passed.