Wall Street falls on Italy worries; bank shares drop

Wall Street falls on Italy worries; bank shares drop

NEW YORK (Reuters) – The S&P 500 and the Dow Jones Industrial Average registered their biggest one-day percentage drops in a month on Tuesday as political turmoil in Italy sparked concerns about the stability of the euro zone and shares of U.S. banks tumbled. Traders work on the floor of the New York Stock Exchange […]

Wall Street dips after Trump cancels North Korea summit; Netflix gains

Wall Street dips after Trump cancels North Korea summit; Netflix gains

NEW YORK (Reuters) – U.S. stocks ended down slightly on Thursday after President Donald Trump canceled a planned summit with North Korea’s Kim Jong Un and threatened to impose tariffs on auto imports, though losses were limited by gains in Netflix and General Electric. Trump’s order on Wednesday for an investigation into whether vehicle and […]

Wall St. rises on trade war truce; industrials lead

Wall St. rises on trade war truce; industrials lead

NEW YORK (Reuters) – U.S. stocks rose on Monday and gains in industrials helped propel the Dow to a more than two-month closing high, after a truce between the United States and China calmed fears that a trade war might be imminent. U.S. Treasury Secretary Steven Mnuchin’s comments over the weekend that the two countries […]

Wall Street posts weekly loss as banks, chipmakers weigh

Wall Street posts weekly loss as banks, chipmakers weigh

NEW YORK (Reuters) – The S&P 500 ended lower on Friday after a choppy trading session as bank and chipmaker stocks weighed on the index and investors grappled with U.S.-China trade talks. All three major U.S. stock indexes posted a weekly loss as the markets reacted to reports from the U.S.-China trade summit, rising U.S. […]

Wall St. gains as small-cap Russell 2000 hits record

Wall St. gains as small-cap Russell 2000 hits record

(Reuters) – Retail and technology stocks led Wall Street higher on Wednesday and the small-cap Russell 2000 hit a record peak, even as a rise in U.S. bond yields to an almost seven-year high suggested more competition for equities and investors fretted over geopolitics. Smaller companies continued this year’s trend of outperforming their larger rivals […]

Wall Street rallies and Apple approaches $1 trillion value

Wall Street rallies and Apple approaches $1 trillion value

(Reuters) – Wall Street jumped on Thursday, and Apple inched closer to a $ 1 trillion stock market value, as tepid inflation data eased worries of faster U.S. interest rate hikes this year. Fueled by a $ 100 billion buyback plan unveiled last week, Apple rose 1.43 percent to a record high close of $ […]

At Milken, Wall Street touts itself as force for good

At Milken, Wall Street touts itself as force for good

BEVERLY HILLS, Calif. (Reuters) – The titans of finance who flock to the annual Milken Institute Global Conference each spring say they believe their quest for profits can also make the world a better place. Bill Barhydt, Founder and CEO, Abra, Alex Mashinsky, CEO, Celsius Network, Anna Irrera, Reuters FinTech Correspondent, Brent McIntosh, U.S. Department […]

Kim Wall murder: Danish inventor Peter Madsen given life sentence

Kim Wall murder: Danish inventor Peter Madsen given life sentence

Danish inventor Peter Madsen has been sentenced to life in prison without parole for the murder of the Swedish journalist Kim Wall on his submarine. Madsen had planned to kill Ms Wall, 30, either by suffocating her or cutting her throat, the Copenhagen court heard. Her dismembered remains were found by Danish police at sea […]

Kim Wall murder: Danish inventor Peter Madsen given life sentence

Kim Wall murder: Danish inventor Peter Madsen given life sentence

Danish inventor Peter Madsen has been sentenced to life in prison without parole for the murder of the Swedish journalist Kim Wall on his submarine. Madsen had planned to kill Ms Wall, 30, either by suffocating her or cutting her throat, the Copenhagen court heard. Her dismembered remains were found by Danish police at sea […]

Tobacco and tech drag on Wall Street; yields boost banks

Tobacco and tech drag on Wall Street; yields boost banks

NEW YORK (Reuters) – Wall Street’s three major indexes closed lower on Thursday, with tobacco stocks leading a tumble in consumer staples while concerns about smartphone demand hurt the technology sector and rising bond yields and earnings helped financials rebound. The market pared some losses late in the session after Bloomberg reported that Deputy Attorney […]

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