Markets
Dollar bounces before inflation data, bitcoin hits two-year high By Reuters
By Karen Brettell NEW YORK (Reuters) -The dollar jumped against the euro and yen on Wednesday as investors positioned for U.S. and European inflation data…
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Pimco spots opportunity in mortgages as Fed considers when to stop shrinking its balance sheet
Bond giant Pimco sees upside in the estimated $9 trillion agency mortgage-bond market as the Federal Reserve begins thinking about…
Stock Market Today: S&P 500 clinches third-straight record close on tech strength
© Reuters Investing.com -- The S&P 500 closed at a new all-time high for the third-straight session Tuesday as bullish…
Angola leaves OPEC in blow to oil producer group
By Miguel Gomes, Ahmad Ghaddar and Alex Lawler LUANDA/LONDON (Reuters) - Angola said on Thursday it would leave OPEC in…
Argentina devalues peso, cuts spending in economic shock therapy
(Reuters) - Argentina will weaken its peso by more than 50% to 800 per dollar, cut energy subsidies and cancel…
Dow’s 215-point rally highlighted by gains in Travelers, Intel shares
The Dow Jones Industrial Average is climbing Friday afternoon with shares of Travelers and Intel delivering strong returns for the…
Nomura is sued in US by former researcher alleging gender bias
© Reuters. FILE PHOTO: The logo of Nomura Securities is seen near the company's Head Office in Tokyo, Japan, November…
Oil prices settle lower as Angola exit stokes concerns of weakening ‘OPEC put’
Investing.com -- Oil prices fell Thursday after Angola decided to exit the Organization of the Petroleum Exporting Countries (OPEC), pointing to…
Argentina devalues peso, cuts spending to treat fiscal deficit ‘addiction’
By Jorge Otaola and Walter Bianchi BUENOS AIRES (Reuters) -Argentina will weaken its peso over 50% to 800 per dollar,…
The U.S. sold 1.2 million EVs last year. Why are lithium prices down almost 40%?
Not long ago, lithium prices were skyrocketing on fears of a supply shortfall, as growth in the electric-vehicle market lifted…
Vivendi asks EU antitrust to review Italian Treasury role in TIM network deal
© Reuters. The logo of Vivendi is pictured at the main entrance of the entertainment-to-telecoms conglomerate headquarters in Paris, France,…
Oil prices slip as Angola decides to exit OPEC
By Nicole Jao NEW YORK (Reuters) - Oil prices settled lower on Thursday after Angola said it would exit the…
Argentine peso opens down over 50% vs dollar following devaluation
BUENOS AIRES (Reuters) - Argentina's peso opened down 54.24% at 801 per dollar on Wednesday, following a devaluation of the…
iRobot, Spirit Airlines, Super Micro, AMD, Wayfair, Ally, Chegg, AT&T, and More Movers
Traders working at the New York Stock Exchange (courtesy NYSE). Stocks rose Friday and the S&P 500 marked a new…
China’s 2024 steel demand to fall 1.7%, exports to slow – state researcher
BEIJING (Reuters) - China's steel demand in 2023 will decline by 3.3% from 2022 and contract a further 1.7% in…
Dollar drops as Fed signals coming rate cuts
By Karen Brettell NEW YORK (Reuters) -The dollar tumbled against the euro and yen on Wednesday after the Federal Reserve…
S&P 500 closes at first record high in two years as tech fuels U.S. stocks
U.S. stocks finished higher on Friday, with the S&P 500 closing at a fresh record high for the first time…
Oppenheimer says TransUnion and Equifax positioned for outperformance
© Reuters. Oppenheimer says TransUnion and Equifax positioned for outperformance Oppenheimer analysts initiated Equifax (NYSE:) and TransUnion (NYSE:) with Buy…
Gold prices surge as dollar hits 4-mth low; Inflation data awaited
Investing.com-- Gold prices rose on Friday, extending gains from the prior session after a mild downgrade to third-quarter U.S. GDP…