Futures dip as Wall Street navigates unchartered territory (Reuters) – U.S. stock index futures dipped slightly on Thursday, as investors looked for fresh catalysts to keep up Wall Street's record-setting run as the outlook for the economy brightened.
Asian stocks at 1-1/2 year highs on robust Wall Street; dollar retreats Asian stocks edged up to fresh 19-month highs on Thursday, helped by an extended rally on Wall Street and strong U.S. data though the dollar stepped back after a recent bounce. It rallied to a one-month high of 101.76 on Wednesday.
Wall Street flat ahead of Yellen testimony While President Donald Trump's pro-business stance sparked a record-setting rally in equities, he has given scant detail on his policies, giving the Fed limited visibility on the direction of the economy. Richmond Fed President Jeffrey Lacker said the central bank will likely have to raise rates more rapidly [...]
Republican plan would ease Wall Street rules, as party embraces deregulation The Republican chairman of a key House of Representatives committee has laid out his plan to roll back Wall Street rules and consumer protections conceived after the 2008 financial crisis, a step that will largely define the financial deregulation debate in the Trump era. [...]
Panera surges to record as Wall Street eyes payoff from technology Shares of Panera Bread surged to a record high on Wednesday and were on track for the biggest one-day move in almost two years after the company gave an upbeat forecast and said technology investments at its restaurants were paying off. Recent investments to [...]
White House memo confuses Wall Street on fate of fiduciary rule WASHINGTON/NEW YORK (Reuters) – Conflicting signs from the White House have left brokerage firms and lobbyists unsure whether a controversial rule governing retirement advice will ever be put in place, but they are taking no chances and complying anyway. President Donald Trump's Friday memorandum [...]
Asia shares track Wall Street higher, dollar becalmed SYDNEY (Reuters) – Asian shares edged ahead on Monday as Wall Street gathered momentum into a busy week of earnings with more than 100 major companies due to report, while the dollar was again hobbled by a lack of progress on U.S. fiscal stimulus.
Stocks are mixed in early trading on Wall Street NEW YORK (AP) — Stocks are getting off to a mixed start on Wall Street as investors asses a pickup in hiring last month at U.S. companies and a handful of corporate earnings.
Wall Street stands with two Fed-hike outlook for 2017: Reuters poll Wall Street's top banks expect just two rate hikes from the Federal Reserve this year and see only modest risk to the U.S. central bank being pressed into a more aggressive pace of monetary policy tightening, a Reuters poll showed on Friday. The poll [...]
Amazon shares dip as cloud revenue misses Street; analysts still upbeat Amazon.com Inc's shares fell as much as 4.2 percent on Friday after the company missed Wall Street targets for its closely watched cloud computing business. Shares fell to $ 804 in early trading, a day after the company reported lower-than-expected fourth-quarter revenue and said [...]