Market Pulse - Usa
US stocks finished on a mixed note on Monday, as trade tensions resurfaced after China called off planned trade talks with Washington over the weekend and as fresh tariffs on Chinese imports kick in.
The pound bounced back at the start of the week even after - in what observers said was a challenge to the Prime Minister - Tory rebels published their alternative to her Brexit plan and despite a weak reading on a widely-followed survey of factory sector conditions.
Carmaker Volvo has halted its truck assembly lines in Iran over US sanctions that are preventing it from being paid, a company spokesman said on Monday.
US Deputy Attorney General, Rod Rosenstein, tendered his resignation to the White House on Monday, in the belief that President Donald Trump was set to dismiss him.
US stocks were edging slightly lower on Monday as trade tensions resurfaced after China called off planned trade talks with Washington over the weekend and as fresh tariffs on Chinese imports kick in.
China has refused to continue trade negotiations with the US until President Donald Trump stops threatening further tariffs.
Wall Street finished on a mixed note on Friday, weighed down by weakness in the technology space, although the Dow Industrials did manage to eke out a fresh record high.
China has demanded that the US remove sanctions placed on a defence agency and its director for purchasing Russian weapons.
Friday trading on Wall Street kicked-off with some small gains following a record session the day before in which both the Dow and the S&P rose to fresh highs on the back of a strong showing from the technology sector.
Tesla has lost another executive as the vice president of global supply management Liam O’Connor resigned on Friday, Bloomberg reported.
Wall Street trading ended well into the green on Thursday, as investors shrugged off the trade conflict between the US and China and thumbed through a slew of data releases.
Facebook could face European Union sanctions if they fail to bring their user terms in line with the block’s consumer laws and continue to mislead users regarding the main characteristics of the platform’s services.
Wall Street trading started off with some solid gains on Thursday as investors shrugged off the trade conflict between the US and China and thumbed through a slew of data releases.
US jobless claims moved lower still over the latest week, underling the ongoing strength of the labour market.
Factory sector activity in the US mid-Atlantic region bounced back sharply in September on the back of a big increase in firms' new orders, according to the results of a widely-followed survey.
The Organisation for Co-operation and Development has trimmed its forecasts for world growth for this year and next, cautioning that trade tensions, tighter financial conditions in emerging markets and political risks might further undermine "strong and sustainable" medium-term growth around the world.
Wall Street trading ended on a mixed note on Wednesday, as the Dow moved closer to an all-time high, despite trade tensions between the US and China that were still weighing heavily on sentiment.
UK lawmakers on the Treasury select committee have called for regulation of cryptocurrencies which they consider to be "wild west" assets that expose investors to risks.
Wall Street trading started off with some mixed returns on Wednesday as the Dow moved to within 1% of an all-time high, despite trade tensions between the US and China that were still weighing heavily on sentiment.
America's current account deficit with the rest of the world narrowed more quickly than expected during the second quarter.