|Day's Range||7,462.00 - 7,491.25|
|52 Week Range||6,866.90 - 7,903.50|
Live from the floor of the New York Stock Exchange, Mike Pistillo of GTS joins Yahoo Finance's Dion Rabouin to break down the latest market moves.
CNBC's Mike Santoli and CNBC Contributor Evan Newmark discuss the state of the markets as the Dow and S&P 500 post their fifth weekly gain in six weeks.
European markets open higher on Thursday, tracing gains on Wall Street as investors appeared unconcerned about about a trade war between the U.S. and China.
Investing.com – U.S. futures pointed to a lower opening bell on Friday as trade war tensions kept investors on edge.The S&P 500 futures fell 5 points or 0.18% to 2,928.50 as of 6:51 AM ET (10:51 GMT) while Dow futures lost 41 points, or 0.15%, to 26,713.0. Meanwhile tech heavy Nasdaq 100 futures decreased 28 points, or 0.37%, to 7,522.50.The U.S.-Sino trade war escalated on Monday, as U.S. duties on $200 billion of Chinese goods went into effect at 12:01 AM ET (4:01 GMT) and China accused the U.S. of bullying.China cancelled mid-level trade talks with the U.S. ...
European stocks struggle on Monday, weighed by renewed jitters, but there were some bright spots as mergers and acquisitions news buoyed shares of Sky and Randgold Resources.
Global stocks weakened Monday, with holiday-thinned markets in Asia leading declines, as both China and OPEC round on President Donald Trump's 'bully" tactics on trade and energy. Oil rises to a four-year high after OPEC keeps its production quotas in place despite pressure from Trump to "get prices down now".
By Helen Reid LONDON (Reuters) - Resurgent fears of a protracted and costly trade war dented the FTSE 100 on Monday, while M&A stole the spotlight with Comcast finally clinching a takeover of Sky, and ...
The extent to which asset management depends on classification is remarkable. The entire edifice of modern investment funds is built on what many see as a dated way to look at investment choice. Asset ...
Wall Street capped a milestone-setting week Friday with a mixed finish for the major U.S. stock indexes and the second all-time high in two days for the Dow Jones Industrial Average.
In commodities, gold futures inched down 0.75% to $1,202.20 a troy ounce, while crude oil futures jumped 1.21% to $71.17 a barrel. The U.S. dollar index, which measures the greenback against a basket of six major currencies, rallied 0.37% to 93.82.
Europe stocks finished the week with its best performance since late March on Friday as financials and major oil companies do the heavy lifting.
A slide in sterling after a speech by Prime Minister Theresa May helped boost Britain's exporter-heavy FTSE 100 to a 2 1/2 week high, cementing a three-day rally driven by banks, miners and oil stocks as investors' fears of a trade war faded. On the corporate front, Just Eat shares tumbled as Uber's reported advances to Deliveroo triggered fears of rising competition in the food delivery industry. The FTSE 100 (.FTSE) ended the day up 1.7 percent, extending early gains as developments on the Brexit front sank sterling, supporting the index whose constituents mainly earn outside the UK.
Investing.com – U.S. futures pointed to a higher opening bell on Friday as trade worry eased.The S&P 500 futures rose over half a point or 0.03% to 2,940.25 as of 6:51 AM ET (10:51 GMT) while Dow futures gained 34 points, or 0.13%, to 26,761.0. Meanwhile tech heavy Nasdaq 100 futures increased 4 points, or 0.06%, to 7,613.00.Trade tensions eased but remained in the back of investors minds as tit-for-tat tariffs escalated between the U.S. and China this week. On Tuesday China said it would impose new tariffs on U.S. goods worth $60 billion, effective September 24, while the U.S. ...
Global stocks extend gains following last night's record-setting session on Wall Street as a weaker U.S. dollar and a U.S.-China trade war lull drives 'risk on' sentiment. China stocks surge into the close as investors snap-up cheap shares following summer rout, lifting Shanghai Composite 2.5% and driving solid Asia-region gains. Global crude prices remain firm despite President Trump's OPEC Tweet as ministers prepare for key meeting Sunday in Algeria.
Ride-hailing giant Uber Technologies Inc. is in early negotiations to purchase London-based food-delivery company Deliveroo, according to a Bloomberg News, citing people familiar with talks. According to the Friday report, Deliveroo is valued at about $2 billion. Specifics on the reported discussions, including any purchase offer, weren't reported, but Bloomberg said it could be "considerably above its valuation." Privately held Uber has been aiming to increase its investments in Uber Eats, its nascent food-delivery program which it says is growing at a 200% pace year-over-year, in a second-quarter earnings update to investors, obtained by MarketWatch. Meanwhile, last month, Uber reported that overall second-quarter net sales for the ride-hailing company jumped 63% to $2.8 billion in the quarter from $1.72 billion in the year-earlier period. Shares of London-based Just Eat PLC was most recently down by more than 6% on the U.K.'s FTSE 100 exchange, according to FactSet data. Meanwhile, the FTSE 100 was surging, up 1.1%, following a jump in the Dow Jones Industrial Average and the S&P 500 index . Both stock benchmarks ended Thursday's session in record territory.
Competition fears meant Just Eat missed out on a London market rebound. Reports that Uber was in early-stage talks to buy Deliveroo , the takeaway ordering app, sparked concerns about a sector price war ...
Equities in Europe followed the positive sentiment globally, with Asian markets in the black on the back of sharp gains from Wall Street. Italy's spending deficit as a proportion of gross domestic product was slightly higher in 2017 than in the previous year, data showed Friday. Uber is reportedly in early discussions to buy food delivery upstart Deliveroo for several billion dollars — shares of listed rivals fell on the news.
EUROPE MARKETS Europe’s main stock gauge ended higher on Thursday, logging a fifth day of gains for the index, as banks and mining stocks once again did the heavy lifting. What are markets doing? The Stoxx Europe 600 (XX:SXXP) rose 0.
Investing.com - Wall Street opened higher Thursday as technology stocks rebounded and a rise in bond yields helped financial stocks continue the previous session’s rally.
is brewing over Unilever’s Dutch move. Last week the consumer goods company confirmed it will proceed with changes to its corporate structure and move from a dual-governance arrangement in the UK and Netherlands to a single headquarters in Rotterdam. Once united, it will have greater flexibility to use its equity for mergers and acquisitions.
UK shares lagged their European peers on a trade war relief rally on Thursday, after better-than-expected UK retail data boosted the pound which acts as an accounting drag on their foreign revenues. At 0914 GMT, the FTSE 100 (FTSE) was up 0.08 percent while the pan-European STOXX 600 (.STOXX) rose 0.35 percent. Worries about the future of the UK retail industry and continued political uncertainty remain however.
Its average net debt is rising and the reported number does not include hundreds of millions of pounds of supply-chain finance just to pay the bills. It has been making acquisitions and booking the goodwill at a higher value than the price paid. , the FTSE 250 group that issued results on Thursday. Some of the funds that bet against Carillion’s shares — such as Marshall Wace and Och-Ziff — have been doing the same with Kier’s, lifting the proportion borrowed by short sellers, who hope to buy them back more cheaply, to 17 per cent.
Asian markets were mostly higher on Thursday with narrow trading after news of a fresh round of tariffs by the U.S. on $200 billion in Chinese goods received a muted reaction on Wall Street. KEEPING SCORE: Japan's Nikkei 225 was flat at 23,672.91, ahead of the ruling Liberal Democratic Party's leadership vote. WALL STREET: Major U.S. indexes were mixed on Wednesday as gains by banks and other financial companies balanced out losses elsewhere in the market.