Asian markets opened mostly lower on Friday, following a weak lead from Wall Street and as investors awaited a key US inflation report due later in the day. Hong Kong’s Hang Seng Index was down 0.27 percent to 24,188.24 while Tokyo’s benchmark Nikkei 225 index fell 0.57 percent. Shanghai also slipped. During the previous trading …
Asian stocks made broad gains in early Thursday trade, following another strong lead from Wall Street as Omicron coronavirus variant fears lessened. In Hong Kong, the Hang Seng Index was up 1.02 percent, though Tokyo dipped into negative territory. After a rollercoaster ride since Omicron first emerged last month, investors are now optimistic about the …
Asia Markets Follow Wall Street With Opening Gains Read More »
The Chinese ride-hailing giant Didi Chuxing’s announcement that it will delist its shares from the New York Stock Exchange marks the end of a cushy relationship between Wall Street and Chinese tech giants, who are under siege from authorities in Beijing and regulators in America. Only five months transpired between Didi’s going public in New …
Didi Departure From NYSE Marks End Of Wall Street Romance With Chinese Big Tech Read More »
Virgil Abloh reimagined the profile of a fashion designer, merging streetwear, music and high fashion, and shattering glass ceilings as the first black creative director at Louis Vuitton. Abloh died on Sunday at the age of 41, with few aware that he had been battling a rare form of cancer, cardiac angiosarcoma, since 2019. His …
Wall Street powered to new records on Monday as traders cheered the passage of a US infrastructure overhaul in what was otherwise a mixed day of trading for global stocks, punctuated by drama Elon Musk stirred up with another controversial tweet. Though the gains were not particularly large, the Dow, Nasdaq and S&P 500 closed …
Wall Street Heads Higher As Markets Await Inflation Signals Read More »
Wall Street took in stride the Federal Reserve’s clearly-telegraphed decision Wednesday to begin to scale back its stimulus program, and major equity indices pushed to fresh records. For the fourth straight day, all three major US indices ended at all-time highs, with the broad-based S&P 500 gaining 0.7 percent to 4,660.57. The records came after …
More Wall Street Records After Fed Decision To Taper Stimulus Read More »
FILE PHOTO: A Wall St. street sign is seen near the New York Stock Exchange (NYSE) in New York City, U.S., September 17, 2019. REUTERS/Brendan McDermid April 19, 2021 By Herbert Lash NEW YORK (Reuters) – U.S. stocks closed lower on Monday, slipping from last week’s record levels, as investors awaited guidance from first-quarter earnings …
Wall Street slips off record highs, Tesla drops after fatal crash Read More »
FILE PHOTO: A Wall St. street sign is seen near the New York Stock Exchange (NYSE) in New York City, U.S., September 17, 2019. REUTERS/Brendan McDermid/File Photo/File Photo April 16, 2021 By Lewis Krauskopf NEW YORK (Reuters) – U.S. technology and growth stocks have taken the market’s reins in recent weeks, pausing a rotation into …
Wall Street Week Ahead: Tech retakes market lead as investors eye yields, earnings Read More »
FILE PHOTO: Traders work, as a screen shows Federal Reserve Chairman Jerome Powell’s news conference on the floor of the New York Stock Exchange (NYSE) in New York, U.S., October 30, 2019. REUTERS/Brendan McDermid/File Photo April 9, 2021 By Stephen Culp NEW YORK (Reuters) – Wall Street gained ground on Friday after solid U.S. inflation …
Wall Street gains, Treasury yields rise as inflation picks up steam Read More »
FILE PHOTO: A rioter reacts as the police uses a water cannon on the Springfield Road as protests continue in Belfast, Northern Ireland April 8, 2021. REUTERS/Jason Cairnduff April 9, 2021 By Amanda Ferguson BELFAST (Reuters) -Pro-British loyalist militants in Northern Ireland said on Friday there had been a “spectacular collective failure” to understand their …
