NEW YORK (Reuters) – Some investors are playing this year’s tug of war between so-called growth and value stocks by owning companies that straddle the line between the two categories, as uncertainties mount over the
Read moreHome »
Wall Street gains as crude price surge, strong economic data prompt broad rally
NEW YORK (Reuters) – U.S. stocks closed higher on Wednesday as rising crude prices boosted energy shares and a swath of positive U.S. data suggested inflation has crested and the economic recovery remains robust, boosting
Read moreEuropean shares turn positive as easing U.S. inflation data offsets luxury drag
(Reuters) -European stocks turned positive in afternoon trading on Tuesday after data showed U.S. inflation growth slowed sharply last month, allaying fears of a sooner-than-expected tapering in monetary stimulus by the Federal Reserve.The German share
Read moreS&P, Dow futures inch higher ahead of inflation data
(Reuters) – S&P and Dow futures rose on Tuesday as investors favored stocks expected to benefit from an economic recovery this year, although gains were muted in the run-up to consumer price data, which could
Read moreWall Street ends down, Apple sinks on app store ruling
(Reuters) – Wall Street ended sharply lower on Friday as investors weighed signs of higher inflation, while Apple Inc tumbled following an unfavorable court ruling related to its app store.FILE PHOTO: A trader works on
Read moreWall Street dips after jobless claims hit 18-month low
(Fixes typo in the first paragraph.)FILE PHOTO: A trader works at the New York Stock Exchange (NYSE) in Manhattan, New York City, U.S., August 19, 2021. REUTERS/Andrew Kelly(Reuters) -Wall Street dipped on Thursday after weekly
Read moreWall Street falls as growth worries grip investors
(Reuters) -Wall Street indexes dropped on Wednesday on concerns that the spread of the Delta coronavirus variant could slow economic growth and on uncertainty over the timeline for the Federal Reserve to pull back its
Read moreMarket close: Small cap stocks impress as sharemarket posts eighth successive gain
The New Zealand sharemarket awoke from its slumber in late trading – and posted its eighth successive day of gains. The S&P/NZX 50 Index went into negative territory during the afternoon till the last half-hour,
Read moreBack-to-school may lift U.S. retail shares after recent lull
NEW YORK (Reuters) – Strong late-summer back-to-school sales could provide U.S. retailers some needed momentum after many sector shares lagged the broader market in recent months.Back to school supplies are shown for sale at a
Read moreBack-to-school may lift U.S. retail shares after recent lull
NEW YORK (Reuters) – Strong late-summer back-to-school sales could provide U.S. retailers some needed momentum after many sector shares lagged the broader market in recent months.Back to school supplies are shown for sale at a
Read more