Market Pulse - Usa
US close: Stocks mostly lower ahead of Fed decision
Stocks on Wall Street finished broadly lower on Tuesday amid quieter trading, as investors held their breath ahead of the Fed’s monetary policy decision on Wednesday and continued to react to worsening trade concerns.
Commodities: Analysts see potential for oil price spike towards $100 a barrel
The market spotlight was firmly on the oil price on Tuesday as West Texas Intermediate crude oil futures continued to trade just off their highest level in four years.
US house price growth ebbs in July
US house price growth edged past forecasts in July, led by gains in the so-called Mountain states, but slowed in annualised terms.
Apple stores launch Spire Health Tags
Apple has selected Spire Health Tag wearable devices to be a featured health product that will be sold in Apple stores globally.
Michael Kors strides into European luxury market with $2.1bn Versace takeover
US fashion giant Michael Kors confirmed a $2. 1bn takeover of Italian high-end fashion house Versace on Tuesday, giving the former a route into the European luxury fashion market.
China says US putting 'knife to its neck', hard to continue trade talks
China's vice commerce minister said trade talks with the US are complicated at the moment and accused the US of bullying China and holding “a knife to its neck”.
US close: Markets mixed as trade tensions linger
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.