Trading on Wall Street finished on a mixed note on Wednesday, with the Dow ending in the red and other indices recovering somewhat from the heavy losses seen earlier in the week, as investors appeared to set aside at least some of their worries about a trade war between the US and China.
Stocks staged a small bounce as investors waxed hopeful that the worst scenarios would be averted on the international trade front.
Trading on Wall Street began on a positive note on Wednesday, with stocks recovering a tad from the heavy losses sustained over earlier sessions as investors appeared to set aside their worries about a trade war between the US and China - for now.
The European Parliament is set to vote on Wednesday and Thursday on a new law to prevent the availability of copyrighted material online.
US existing home sales unexpectedly fell in May amid a lack of inventory and high prices, according to data from the National Association of Realtors.
Sky shares spiked on Wednesday as 21st Century Fox agreed a new deal for Disney to acquire most of its entertainment assets.
WPP is selling its 18. 7% stake in New York-listed digital specialist Globant as its looks to focus the business after the controversial exit of ex-boss Sir Martin Sorrell.
Royal Dutch Shell has reached an agreement with Norwegian oil company OKEA to sell its stakes in the Draugen and Gjøa oil field to the Scandinavian firm for NOK 4. 52bn.
The European Commission has responded to the US administration's levies on aluminium and steel, formally approving 'rebalancing measures' on €2. 8bn-worth of US exports of agricultural and manufactured goods.
US futures pointed to a positive open on Wall Street on Wednesday, with stocks set to rebound from heavy losses in the previous session as investors set aside their worries about a trade war between the US and China for now.
Producer price gains in the Eurozone's largest economy accelerated in May on the back of higher gasoline prices.
Markets in Asia finished broadly firmer on Wednesday, as bourses across the region rebounded from the sharp losses seen on Tuesday when investors reacted to the latest negative developments in the trade spat between Washington and Beijing.
Carmakers Ford and Volkswagen have begun to explore a strategic alliance to strengthen both companies’ competitiveness and develop a range of commercial vehicles.
Cryptocurrencies dropped after South Korean exchange Bithumb was hacked and $32m in coins were stolen, including Ripple tokens.
Outdoor advertising company JCDecaux has made an indicative and non-binding proposal to buy Australian advertising services provider APN Outdoor Group for AUD1. 1bn.
Wall Street finished as it started, with losses across the board on Tuesday, as relations between the US and China took another dark turn.
Stocks finished lower, but off their worst levels, as traders waited on the outcome of the rapidly-escalating trade threats between the US and China.
Britain will not have access to the European Arrest Warrant or the European Union’s wide security databases after Brexit, chief negotiator Michel Barnier warned on Tuesday.
Wall Street trading kicked off on Tuesday with heavy losses across the board as relations between the US and China took another turn for the worse.
Markets in Asia were in the red at the end of the day on Tuesday, led by a tumble in mainland China after US president Donald Trump fired his latest shot in the ongoing trade tiff between Washington and Beijing.