Key points: Boeing Aims to Raise $10 Billion Boeing (BA) plans to raise at least $10 billion through the sale of new shares. This strategy aims to stabilize its finances after a period of instability. Shares rose nearly 1% in after-hours trading. Goldman Sachs Reports a 45% Increase in Profits Goldman Sachs (GS) announced a […]
U.S. Stock Markets Stabilize Ahead of Quarterly Earnings Results
U.S. stock index futures and equities stabilized on Tuesday, consolidating after a rally in technology stocks hit all-time highs on Wall Street during the previous session, ahead of major company earnings data. The major indexes posted solid gains on Monday, supported by strong performances in major technology shares, with market favorite Nvidia (NVDA) reaching an […]
Today’s Stocks to Watch: Alphabet, Boeing, and Rio Tinto
Key points: DOJ Considers Action Against Alphabet Alphabet (GOOGL) faces potential government intervention as the U.S. Department of Justice considers breaking up Google to end what it describes as an illegal monopoly in search. The move, which is detailed in a court document filed Tuesday, may also include restrictions on how the company operates its […]
U.S. Stock Markets Decline Ahead of Fed Minutes, Google Faces Potential Breakup
U.S. stock markets declined on Wednesday, reversing the previous session’s gains, as investors braced for further signals from the Federal Reserve regarding interest rate policy. The broad S&P 500 index dropped 1%, while the tech-heavy Nasdaq Composite fell by 1.4%, and the Dow Jones Industrial Average slipped about 0.3%. Stock Markets Slip as Investors Await […]
Today’s Stocks to Watch: LVMH, Alibaba, and DocuSign
LVMH and Rémy Cointreau stocks hit by China’s tariffs on European brandy. Alibaba and other Chinese tech stocks fall on loss of momentum in the Chinese market. DocuSign joins the S&P MidCap 400, replacing MDU Resources Group. LVMH and Rémy Cointreau face new tariffs from China China announced new tariffs on brandy imports from the […]
U.S. Stock Markets Rise, Fed to Make Key Announcements
U.S. stock markets and indexes rose on Tuesday, stabilizing after the previous session’s losses, as a strong payrolls report raised doubts about the Federal Reserve’s plans to sharply cut interest rates. Bets on a smaller rate cut caused Wall Street to post steep losses on Monday, with the S&P 500 down about 1%, the NASDAQ […]
U.S. Stock Markets Down: Fed, Inflation, Earnings in Spotlight
U.S. stock index futures were lower on Monday, shedding some of the previous week’s gains following strong payrolls data, with attention focused on more hints on interest rates and corporate earnings in the coming days. Wall Street rose sharply on Friday after better-than-expected nonfarm payrolls data eased concerns about a slowing U.S. economy but reduced […]
U.S. Stocks Fall Amid Middle East Tensions, Nike and ADP Payrolls in Focus
U.S. stocks fell on Wednesday, as escalating tensions in the Middle East and disappointing news from sportswear giant Nike weighed heavily on investor sentiment. On Tuesday, the major indexes recorded a negative session on Wall Street, the first trading day of the new month and quarter, following Iran’s launch of ballistic missiles at Israel in […]
U.S. stock markets down; JOLTS, ISM in spotlight
U.S. stocks were largely lower on Tuesday as investors continued to digest and analyze comments made by Federal Reserve Chairman Jerome Powell ahead of a series of crucial data releases. The Dow Jones index along with the S&P 500 index scored record highs at the close of trading on Monday, as the Federal Reserve’s decision […]
U.S. Stock Markets Down Slightly, Powell’s Speech in the Spotlight
U.S. stocks declined on Monday, although September is still expected to be a positive month. Investors are looking for signals from Federal Reserve Chairman Jerome Powell regarding potential future interest rate cuts. The last trading day of the month may start on a slightly bearish note. However, the Fed’s decision to cut interest rates by […]