Nasdaq Turns Higher
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Tech shares led U.S. stock indexes higher ahead of a jobs report for April, with the S&P 500 and Dow both rising 0.9% and the Nasdaq gaining 1.5%.
Tech shares led U.S. stock indexes higher ahead of a jobs report for April, with the S&P 500 and Dow both rising 0.9% and the Nasdaq gaining 1.5%.The Wall Street Journal - World -
Comex Gold Settles 1% Higher
Front-month Comex gold for May delivery settled 1% higher on improved hopes for U.S. interest rate cuts after promising economic data on Friday.The Wall Street Journal - World -
Nikkei Drops 0.6% Amid Caution Ahead of Toyota Earnings
Japanese stocks were lower, dragged by falls in auto, electronics and brokerage stocks, amid caution ahead of earnings from big companies including Toyota Motor later in the day.The Wall Street Journal - World -
Nasdaq finally ‘warming up’ to Canadian cannabis companies with U.S. exposure. Could American growers be next?
The Nasdaq stock exchange is “warming up” to the idea of continuing to list Canadian cannabis companies even if they have exposure to the U.S. market — and a U.S. cannabis company could be next, an analyst at Jefferies said.MarketWatch - Business -
U.S. stocks rose ahead of another busy week of earnings reports, with the S&P 500, Nasdaq and Dow gaining 1%, 1.2% and 0.5%, respectively.
U.S. stocks rose ahead of another busy week of earnings reports, with the S&P 500, Nasdaq and Dow gaining 1%, 1.2% and 0.5%, respectively.The Wall Street Journal - World -
OPEC+ Likely to Extend Output Curbs Beyond 2Q, JPMorgan Says
OPEC and its allies are likely to extend their voluntary production cuts beyond the second quarter at their upcoming meeting in June, according to JPMorgan.The Wall Street Journal - World -
Jobs Report in Focus as Investors Seek Rate Clues
Stock futures ticked higher ahead of an employment report that is expected to show labor-market growth slowing in April.The Wall Street Journal - World -
Hershey Boosted by Higher Prices and Sales Volumes
Consumers are still paying up for chocolate. Candy giant Hershey said sales rose 8.9% from year-ago levels, benefiting from both higher prices and volumes.The Wall Street Journal - World -
The bar is creeping higher for second-quarter earnings
One month through this year’s second quarter earnings season, analysts are getting cautiously more optimistic about corporate America’s profitability.MarketWatch - Business -
Higher rates boost bankers to troubled companies
Fee revenue is up at boutique firms as borrowing costs force more clients to restructureFinancial Times - Business -
S&P 500 Climbs With More Earnings in Focus
Stock indexes were climbing after last week’s not-too-hot jobs report, which boosted hopes of an interest-rate cut this year.The Wall Street Journal - World -
S&P 500 Edges Higher, Extending Winning Streak
Disney’s stock dropped after the media giant reported a quarterly loss.The Wall Street Journal - World -
Renewed hope for rate cuts and a big day for tech shares boosted the Dow, S&P 500 and Nasdaq 1.2%, 1.3% and 2%, respectively, on Friday. All three major indexes rose for the week.
Renewed hope for rate cuts and a big day for tech shares boosted the Dow, S&P 500 and Nasdaq 1.2%, 1.3% and 2%, respectively, on Friday. All three major indexes rose for the week.The Wall Street Journal - World -
Draymond reacts to Embiid's higher flagrant foul total in half the games
In 478 fewer total career NBA games, Joel Embiid has more flagrant fouls than Warriors star Draymond Green.Yahoo Sports - Sports -
Higher costs and cramped conditions: the impact of Europe’s housing crisis
Affording a home has become a political issue as rents and prices soar and supply plummets. Fix Europe’s housing crisis or risk fuelling the far-right, UN expert warns‘Everything’s just … on hold’: the Netherlands’ next-level housing crisisDecades ...The Guardian - World -
Wet weather and early Easter damp UK spring sales
Value of retail sales fell at an annual rate of 4% in April, after 3.5% growth in MarchFinancial Times - World - United Kingdom -
Manhattan mansion designed by architects of New York’s Gilded Age goes on sale
Elegant 22-bedroom property opposite Moma showcases the talents of McKim, Mead & WhiteFinancial Times - World -
S&P 500 Edges Higher as More Earnings Roll In
U.S. stocks turned mixed with earlier gains fading as earnings take center stage during a light week for economic data.The Wall Street Journal - World -
Abortion restrictions tied to higher rates of intimate partner homicide, says study
For each of the five studied abortion restrictions, risk of intimate partner homicide increased by 3.4% in new study. A new study finds abortion restrictions may be associated with increased rates of intimate partner homicide among ...The Guardian - World - Abortion -
Wynn Resorts’ profit soars thanks to higher revenue across all segments
Wynn Resorts posted a higher profit in the first quarter as all four of the company’s segments logged higher operating revenues.MarketWatch - Business -
Gold Edges Higher, Supported by Fed Rate-Cut Hopes
Gold edged higher in early Asian trade, supported by lingering hopes for Fed rate cuts, which would increase the appeal of the non-interest-bearing precious metal.The Wall Street Journal - World - Federal Reserve -
Oil prices log worst week since February as concerns over Middle East supply risks fade
Oil futures finished lower Friday — with easing concerns over potential supply disruptions in the Middle East, strong U.S. production and signs of slowing demand prompting prices to register their largest weekly percentage loss since early February.MarketWatch - Business -
3 catalysts we learned from earnings that should push our industrial stocks higher
Artificial intelligence, destocking, and pricing emerged as themes and reasons for optimism.CNBC - Business -
Social Security holds off insolvency until 2035, one year later than projected, thanks to stronger economy
The improved forecast was due to high levels of labor productivity and lower long-term disability incidence rate.MarketWatch - Business -
Hims & Hers shares rally as forecast bumped higher and more profitability said to be ahead
Shares of Hims & Hers Health Inc. rose after hours on Monday after the online wellness platform bumped its full-year sales forecast higher, following sharp increases in subscribers and profits during the first quarter, as it tries to provide more ...MarketWatch - Business -
The WSJ Dollar Index Rises
The dollar strengthened Tuesday, recovering from losses it saw after Friday’s weak U.S. jobs data.The Wall Street Journal - World -
Australia’s central bank says higher inflation could push rate cuts to 2025
RBA raises forecast for price growth in hawkish shift as global central banks pivot to higher-for-longer ratesFinancial Times - World - Australia -
The OECD said the global economy could suffer a significant setback if an escalation of conflict in the Middle East were to push oil prices sharply higher.
The OECD said the global economy could suffer a significant setback if an escalation of conflict in the Middle East were to push oil prices sharply higher.The Wall Street Journal - World -
Standard Chartered posted a rise in first-quarter net profit due to higher trading income, despite lower earnings from the bank's lending business.
Standard Chartered posted a rise in first-quarter net profit due to higher trading income, despite lower earnings from the bank’s lending business.The Wall Street Journal - World -