NEW YORK (Reuters) – Wall Street’s main indexes finished lower on Friday, weighed down by big U.S. banks after their earnings reports, while the energy fell sharply due to a regulatory probe into Exxon Mobil
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Wall Street drops as big banks fall after results
(Reuters) – Wall Street’s main indexes dropped on Friday, weighed down by losses in major U.S. lenders after their earnings reports, while incoming President Joe Biden’s $1.9 trillion stimulus plan also sparked fears of an
Read moreFutures inch lower ahead of results from Wall Street lenders
(Reuters) – U.S. stock index futures slipped on Friday as optimism over a $1.9 trillion stimulus plan unveiled by incoming President Joe Biden faded with investors turning to quarterly reports from major Wall Street banks.FILE
Read moreBiden plan to pump $1.9 trillion into pandemic-hit economy: report
WILMINGTON, Del. (Reuters) – President-elect Joe Biden will unveil a stimulus proposal on Thursday designed to jump-start the economy during the coronavirus pandemic and help minority communities with around $1.9 trillion in aid.FILE PHOTO: U.S.
Read moreAmerica’s Cup 2021: Prada Cup explainer – How it works, what to expect and the team to beat
Michael Burgess runs the rule on the Prada Cup, how it works and why there won’t be the same cut-throat feeling as past events. Why is it the Prada Cup? The Italian fashion empire took
Read moreWall Street gains steadily while impeachment hearings get underway
(Reuters) – Wall Street’s three major indexes were advancing slightly after Wednesday’s choppy morning session as investors appeared to be taking a wait-and-see approach while Congress began impeachment hearings.FILE PHOTO: The boot on the statue
Read moreWall St ends lower with Washington turmoil, earnings in view
NEW YORK (Reuters) – Wall Street’s main indexes closed lower on Monday as investors took some profits after last weeks’ records while they waited for earnings season to begin and eyed events in Washington with
Read moreAmerica’s Cup 2021: Team New Zealand capsize in practice race
Team New Zealand have had a rough day on the water. The Herald understands that the America’s Cup holders capsized on the first day of practice racing. It’s believed they were leading INEOS Team UK
Read moreAmerica’s Cup 2021: American Magic involved in close call with jet ski in Auckland’s Hauraki Gulf
American Magic’s entry to the America’s Cup has been captured racing just metres past a small fishing vessel in the Hauraki Gulf, sending the man in it scrambling for cover. In a video posted to
Read moreS&P 500, Nasdaq hit record highs as stimulus hopes outweigh dire jobs report
(Reuters) – The S&P 500 and the Nasdaq scaled new highs on Friday, as hopes of more economic stimulus to ride out a pandemic-led downturn eclipsed concerns over a significant loss of pace in a
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