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Nasdaq Closes Higher as More Earnings Roll In
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Fixed income should have more love in a ‘higher and hold’ world
The prospects for returns are much brighter, with bond yields at the highest levels since the global financial crisisFinancial Times - World -
Rolls-Royce SMRs construction approved by Polish Ministry
Yahoo News - World -
Fueled by Conley, Wolves roll by 45 to force G7
A "complete team" with veteran point guard Mike Conley back, the Wolves blew out the Nuggets by 45 points Thursday night to force Game 7.ESPN - Sports -
JD.com Beat Estimates With Higher Profit, Sales
Chinese e-commerce giant JD.com posted a rise in quarterly profit, beating estimates as its core businesses grew despite fierce competition with peers such as Alibaba and PDD.The Wall Street Journal - Business -
Walmart Stock Hits Record Close on Strong Quarter
The largest U.S. retailer had robust quarterly results and an upbeat outlook, giving insight into how consumers are weathering high interest rates.The New York Times - Business -
Applied Materials’ stock dips despite upbeat earnings
The chip-equipment company’s revenue outlook exceeded expectations at the midpoint.MarketWatch - Business -
Engie Backs Outlook Despite Dip in Earnings
Engie reaffirmed expectations for the year after core earnings fell slightly in the first quarter, driven by declines from its networks and global energy management and sales businesses.The Wall Street Journal - World -
Brazil's government hikes 2024 GDP forecast, sees higher inflation, terminal rate
Yahoo News - World - Brazil -
Treasury yields end higher for first time in four sessions
Rates on U.S. government debt closed higher on Thursday, with 10- and 30-year yields bouncing off their lowest levels since early April, after a fresh round of data.MarketWatch - Business -
Stock market looks strong enough to stay in this higher orbit
Momentum has taken over the moment.MarketWatch - Business
More from The Wall Street Journal
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Auto & Transport Roundup: Market Talk
Renault, Continental and more in the latest Market Talks covering the Auto and Transport sector.The Wall Street Journal - World -
U.S. Dollar Seen as Weakest G-10 Currency So Far In May
The DXY U.S. dollar index has weakened by 1.62% so far in May, making the dollar the weakest G-10 currency due to underwhelming labor market and inflation data,The Wall Street Journal - World -
Attacks by Israeli Protesters on Gaza Aid Complicate Humanitarian Efforts
Israeli protesters are angry that aid is going to Palestinian civilians while hostages are still held by Hamas.The Wall Street Journal - World - Israel -
Dow Futures Edge Lower After 40000 Milestone
Stock futures edged lower after the Dow crossed 40000 for the first time in the previous session, while the S&P 500 and Nasdaq Composite both ended within striking distance of new records.The Wall Street Journal - World -
Cartier Owner Richemont Names Van Cleef & Arpels Head as New CEO
Richemont said Nicolas Bos will replace Jerome Lambert as its CEO, tapping a company veteran who most recently led its French jewelry brand Van Cleef & Arpels as the luxury industry navigates a slowdown in spending.The Wall Street Journal - World