Latest business news
Tokyo, World shares were mixed on Friday ahead of an update on the US job market that will offer insights into how the economy is faring. The future for the S and P 500 gained 0.4 per cent while that for the Dow Jones Industrial Average was up 0.5 per cent. Germany’s DAX lost 0.3…
(Bloomberg) — After a tumultuous 12 months, it’s no small achievement that the Sohn investment conference returns to Hong Kong on Friday with the better half of last year’s picks having made money. Hedge fund managers will present their ideas at the Sohn Hong Kong Investment Leaders Conference as financial markets gyrate, with global growth…
US stock indices opened mixed on Thursday after the House of Representatives cleared President Donald Trump’s tax bill, which is expected to burden the country with trillions in debt. At 09:49 a.m. ET, the Dow Jones Industrial Average fell 72.70 points, or 0.17%, to 41,790.95, the S&P 500 lost 8.11 points, or 0.14%, to 5,836.38,…
CHICAGO, – Chicago Mercantile Exchange live and feeder cattle were mixed on Tuesday, as market participants adjusted their positions ahead of a monthly government report that is expected to show fewer cattle in U.S. feedlots compared to a year ago, traders said. CME August live cattle futures settled down 0.075 cent to 207.85 cents per…
(Bloomberg) — As Sotheby’s contemporary evening sale wound down on Thursday night, Charles Stewart, the company’s chief executive officer, stood in the back of the room with a look of undisguised relief. Up until that evening, New York’s spring auction week, during which Christie’s, Phillips and Sotheby’s planned to move more than $1 billion worth…
US stocks declined on Thursday following mixed economic data and as UnitedHealth Group slumped on a report of a US criminal inquiry against it. Data showed US retail sales were near-flat in April, while wholesale inflation Producer Price Index (PPI) unexpectedly dropped last month. The PPI dropped 0.5% in April as the cost of services…
State Bank of India (SBI), the largest state-run lender in the country, is set to announce its Q4 results tomorrow, Saturday, May 3. SBI share price gained over a percent on Friday ahead of Q4 results. SBI share price rose as much as 1.87% to ₹802.95 apiece on the BSE. SBI board of directors is…
US stocks opened mixed on Tuesday as investors assessed a mixed bag of corporate earnings. At the opening bell, the Dow Jones Industrial Average rose 6.4 points, or 0.02%, to 40,233.98. The S&P 500 fell 19.9 points, or 0.36%, to 5,508.87, while the Nasdaq Composite dropped 95.4 points, or 0.55%, to 17,270.757.
(For a Reuters live blog on U.S., UK and European stock markets, click or type LIVE/ in a news window) Indexes: Dow down 1.28%, S&P 500 up 0.23%, Nasdaq down 0.23% US-Japan tariff talks on radar Alphabet falls after ruling Insurers slump after UnitedHealth results (Updates through late morning trade) By Lisa Pauline Mattackal and…
Washington, Apr 17 (AP) Wall Street was mixed in premarket trading Thursday, the final trading day in a holiday-shortened week that began relatively quietly compared with the wild swings of the past several weeks. Futures for the S&P 500 rose 0.3%, while futures for the Dow Jones Industrial Average tumbled 1.6%. Nasdaq futures were up…
