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 [...]
Stock futures edge up after Wall St. hits record high (Reuters) – U.S. stock index futures were slightly higher on Friday, a day after Wall Street hit record high on President Donald Trump's promise to unveil a tax reform plan in the coming weeks.
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.
Wall St. Week Ahead: Dollar’s sudden weakness could help U.S. profit picture Stock investors could have at least one less worry in the next earnings period: the suddenly limp U.S. dollar. The greenback, whose strong rally after the Nov. 8 U.S. election hit profits at many U.S. multinationals in the fourth quarter, has had a [...]
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.