Dow dips ahead of Powell speech; Nasdaq kept afloat by growth stocks

Dow dips ahead of Powell speech;  Nasdaq kept afloat by growth stocks

Tesla up as sales in China nearly double in November – data Fed Chair Powell’s speech at 1330 ET (1830 GMT) US private payrolls growth slows in November – ADP Down 0.47%, S&P off 0.13%, Nasdaq up 0.26% Nov 30 (Reuters) – Wall Street was mixed on Wednesday, with the Dow and S&P 500 down … Read more

Stocks and oil rise on hopes of looser COVID curbs in China

Stocks and oil rise on hopes of looser COVID curbs in China

Euro STOXX 600 up 0.4% Oil prices rebound on China hopes, talk of output cuts Dollar falls as investors seek riskier assets China property shares rally on policy support http://tmsnrt.rs/2yaDPgn LONDON/SYDNEY, Nov 29 (Reuters) – Stocks and oil gained on Tuesday on hopes that public unrest in China might prompt an earlier loosening of COVID-19 … Read more

Wall Street ends down sharply, hit by Apple and China worries

Wall Street ends down sharply, hit by Apple and China worries

Cyber ​​Monday spending to hit $11.6 bln – report Crypto shares fall on BlockFi bankruptcy filing Biogen down after death in Alzheimer drug trial Indexes end: S&P 500 -1.54%, Nasdaq -1.58%, Dow -1.45% Nov 28 (Reuters) – US stocks ended sharply lower on Monday after protests in major Chinese cities against strict COVID-19 policies sparked … Read more

Oil prices erase 2022 gains as China’s protests spark demand worries

Oil muted as price cap proposal eases supply concerns

WTI hits lowest since Dec 2021, Brent at lowest since Jan 2022 Clashes in Shanghai as COVID protests flare across China Investors focus on next OPEC+ meeting on Dec 4 Nov 28 (Reuters) – Oil prices fell close to their lowest this year on Monday as street protests against strict COVID-19 curbs in China, the … Read more

Stocks tumble as China’s COVID protests roil sentiment

Stocks tumble as China's COVID protests roil sentiment

SYDNEY, Nov 28 (Reuters) – Stocks and commodities prices slid sharply on Monday as rare protests in major Chinese cities against the country’s strict zero-COVID curbs raised investors’ concerns about the growth implications for the world’s second-largest economy. MSCI’s broadest index of Asia-Pacific shares outside Japan (.MIAPJ0000PUS) was down 1.5% having slumped 2.2% at the … Read more

Oil muted as price cap proposal eases supply concerns

Oil muted as price cap proposal eases supply concerns

G7 price cap on Russian oil could be above current trading level EIA gasoline stocks data shows higher than expected build COVID-19 controls tighten in China Nov 24 (Reuters) – Benchmark Brent oil edged lower on Thursday while West Texas Intermediate (WTI) crude held steady, hovering in sight of two-month lows as the level of … Read more

Wall Street rises as Fed signals slowdown in rate hikes

Wall Street rises as Fed signals slowdown in rate hikes

Growth stocks bounce as Treasury yields drop Tesla jumps as Citigroup upgrades Nordstrom falls on reduced profit forecast Dow Jones Industrial closed at highest level since April Dow up 0.28%, S&P 500 up 0.59%, Nasdaq up 0.99% Nov 23 (Reuters) – Wall Street’s main indexes ended Wednesday with solid gains after the Federal Reserve’s November … Read more

Investors batten down ahead of Fed minutes, Eurozone recession fears grow

Investors batten down ahead of Fed minutes, Eurozone recession fears grow

Fed minutes awaited US Thanksgiving public holiday on Thursday Stock eke out slim gains globally Euro zone economic data points to recession China hit by rising COVID-19 infections LONDON, Nov 23 (Reuters) – Global shares were little changed on Wednesday as investors kept their eyes peeled for the minutes of a Federal Reserve meeting that … Read more

China COVID cases weigh on Wall St; disney jumpers

China COVID cases weigh on Wall St;  disney jumpers

Disney up on Iger’s return as CEO S&P 500 energy index leads sectoral falls Grindr slips after rocketing in debut Tesla down on vehicle recall, China COVID concerns Dow up 0.01%, S&P 500 down 0.34%, Nasdaq down 1.05% Nov 21 (Reuters) – Wall Street’s main indexes started the week roughly lower on China saying it … Read more

S&P 500 ends higher, led by defensive shares

S&P 500 ends higher, led by defensive shares

Fed’s Collins sees 75-bps hike on the table Grindr surges in market debut Gap shares rise on upbeat results Indexes up: Dow 0.59%, S&P 0.48%, Nasdaq 0.01% Nov 18 (Reuters) – Wall Street’s benchmark S&P 500 index ended higher on Friday in a choppy trading session, as gains in defensive shares overshadowed energy declines, and … Read more