Market Pulse - Usa
Fed's Powell's positive on economy, financial markets' reaction is being monitored
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 overnight.
US close: Stocks reverses earlier losses as investors remain hopeful of improved US-China relations
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.
US open: Dow Jones on track for longest decline in five months
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 sales beat forecasts, helped by Asda
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 rose unexpectedly last week
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.
October US retail sales rise as expected
US retail sales grew more quickly than expected last month, boosted by sales of motor vehicles, building materials and at gasoline stations.
Europe midday: Stocks dip amid post-Brexit deal political convulsions
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.