Markets U.S. futures and the dollar are posting big gains, along with shares across the globe, as bullish sentiment returned to Wall Street following the largest streak of losses on the S&P 500 since 1980. “Based on our review, we … Continue reading
Markets The global stock selloff has extended into Friday trading as crude oil holds near one-month lows and investors shun riskier assets ahead of next week’s election. “One thing markets are not particularly good at pricing is political risks,” said … Continue reading
Markets S&P 500 has fallen in seven straight sessions through Wednesday, the first time the large-cap index has done that since 2011. Yet even amid all of the declines, the S&P has fallen less than 2.5% in the past seven … Continue reading
Markets With voters set to choose a new president and Congress in five days, the Fed will likely keep a low profile when it winds down its two-day meeting today amid a tumultuous U.S. election campaign. While no action is … Continue reading
Markets U.S. futures are heading higher despite nervous sentiment in the market that saw stocks finish yesterday on a flat note. Many investors switched into caution mode amid new U.S. political uncertainties and ahead of a week filled with earnings … Continue reading
Markets Banking on a recovery in crude prices, General Electric (NYSE:GE) is merging its oil and gas business with Baker Hughes (NYSE:BHI), creating a large, listed player, that could compete with rivals like Schlumberger (NYSE:SLB). GE will own 62.5% of … Continue reading
Markets Crude futures are largely unchanged at almost $50 a barrel ahead of an OPEC technical meeting which starts in Vienna today. But oil prices are set for their biggest weekly loss since mid-September on concerns that member nations won’t … Continue reading
Markets The British economy grew by a much better-than-expected 0.5% in the third quarter, the first time impacts from the Brexit vote could fully be analyzed. The dominant services industry, which accounts for almost 80% of the economy, was once … Continue reading
Markets Apple’s soggy post-earnings performance, a flood of other earnings news and weaker oil prices are weighing on equities, with U.S. stock index futures swimming in the red. Of the 150 S&P companies that have reported so far, 75.3% have … Continue reading
Markets The largest S&P 500 stock by market capitalization – Apple (NASDAQ:AAPL) – is the highlight of today’s earnings reports. The Q4 results will offer the first peek into sales of the new iPhone 7 and the extra business the … Continue reading