Shares choppy, U.S. yields fall as investors digest Fed minutes

A man wearing a protective mask, amid the coronavirus disease (COVID-19) outbreak, walks past an electronic chart displaying the Shanghai Composite Index, Nikkei Index and Dow Jones Industrial Average in front of a house of brokerage in Tokyo, Japan, March 7, 2022. REUTERS/ Kim Kyung Hoon Join now for FREE unlimited access to Reuters.com Register … Read more

Fed minutes show more rate hikes coming, but pace could slow

Fed minutes show more rate hikes coming, but pace could slow

The Federal Reserve Building on Constitution Avenue is pictured in Washington, U.S., March 27, 2019. REUTERS/Brendan McDermid/File Photo Join now for FREE unlimited access to Reuters.com Register WASHINGTON, Aug 17 (Reuters) – Federal Reserve officials saw “little evidence” late last month that inflationary pressures in the United States were easing and worked to force the … Read more

U.S. housing starts near 1-1/2-year low; factory output rebounds

U.S. housing starts near 1-1/2-year low; factory output rebounds

Housing starts fell by 9.6%; building permits fall by 1.3% Single-family housing starts fall by 10.1%; permits down 4.3% The housing construction order book increases by 5.0% Manufacturing production rebounds by 0.7% WASHINGTON, Aug 16 (Reuters) – U.S. home construction fell to its lowest level in nearly a year and a half in July, weighed … Read more

Oil drops as China data weighs

Oil drops as China data weighs

FILE PHOTO – A pump jack is seen surrounded by steam during sunset at a PetroChina oilfield in Karamay, Xinjiang Uigur Autonomous Region January 5, 2011. REUTERS/Stringer Join now for FREE unlimited access to Reuters.com Register China’s July refinery output at lowest since March 2020, data shows A stronger US dollar and prices with low … Read more

Stocks struggle as China rate cut sends oil tumbling

Stocks struggle as China rate cut sends oil tumbling

FILE PHOTO – People walk past an electronic screen showing Japan’s Nikkei stock price index at a conference room in Tokyo, Japan June 14, 2022. REUTERS/Issei Kato Join now for FREE unlimited access to Reuters.com Register https://tmsnrt.rs/2zpUAr4 Nikkei edge higher, S&P 500 futures plunge PBOC lowers key rates, Chinese data sorely lacking in forecasts Eyes … Read more

S&P 500, Nasdaq close up 4th straight week as optimism grows

S&P 500, Nasdaq close up 4th straight week as optimism grows

Nasdaq and S&P 500 post longest weekly winning streaks since November S&P 500 recoups 50% of bear market losses The S&P 500 is up 17.7% from a mid-June low NEW YORK, Aug 12 (Reuters) – Wall Street closed higher on Friday as signs that inflation may have peaked in July boosted investor confidence in the … Read more

British midcaps fall amid inflation concerns, Unilever lifts FTSE 100

British midcaps fall amid inflation concerns, Unilever lifts FTSE 100

The offices of the London Stock Exchange Group are seen in the City of London, Britain December 29, 2017. REUTERS/Toby Melville Join now for FREE unlimited access to Reuters.com Register Unilever hits highest level in three months Airlines feel the heat as oil climbs Discount retailer B&M slips on profit warning FTSE 100 up 0.1%, … Read more

SoftBank’s Alibaba sale could end breakup taboo

SoftBank’s Alibaba sale could end breakup taboo

Japanese Chief Executive of SoftBank Group Corp Masayoshi Son attends a news conference in Tokyo, Japan November 5, 2018. REUTERS/Kim Kyung-Hoon Join now for FREE unlimited access to Reuters.com Register LONDON, Aug 10 (Reuters Breakingviews) – Masayoshi Son is thinking the unthinkable at SoftBank Group (9984.T). His $63 billion tech and telecom empire will cut … Read more

Wall Street rally lifts Nasdaq 20% from low as inflation fears ebb

Wall Street rally lifts Nasdaq 20% from low as inflation fears ebb

Traders work on the floor of the New York Stock Exchange (NYSE) in Manhattan, New York, U.S., August 8, 2022. REUTERS/Andrew Kelly Join now for FREE unlimited access to Reuters.com Register The Fed is now expected to achieve a 50 basis point hike in September Consumer price growth slows in the United States in July … Read more

Nasdaq closes lower as chipmaker Micron’s warning renews tech rout

Nasdaq closes lower as chipmaker Micron's warning renews tech rout

Micron stumbles on lower revenue forecasts Semiconductor stocks drop for third session Novavax plummets after halving revenue NEW YORK, Aug 9 (Reuters) – The Nasdaq closed on Tuesday after a dismal forecast from Micron Technology dragged chipmakers and tech stocks lower as investors await inflation data in the United States that could lead the Federal … Read more