Wall Street mixed close on Fed tightening fears; Nvidia weighs

Wall Street mixed close on Fed tightening fears;  Nvidia weighs

Automotive refuels after Senate approves bill with funding for electric vehicles Nvidia slips as falling demand for games hits Q2 revenue Mainly flat indexes Aug 8 (Reuters) – U.S. stock indexes closed little changed on Monday after hit jobs data last week bolstered expectations that the Federal Reserve would clamp down on inflation, while a … Read more

Global stocks rebound after US jobs sold

Global stocks rebound after US jobs sold

Euro STOXX gains 0.8% Wall Street should win Markets cut odds of 75 basis point hike ahead of US CPI The dollar is falling Oil recovers its first losses and tries to rally LONDON/SYDNEY, Aug 8 (Reuters) – Stocks gained ground on Monday, regaining their footing after a strong U.S. jobs report last week bolstered … Read more

Berkshire Hathaway Posts Massive $43.8 Billion Loss; operating results are improving

Berkshire Hathaway Posts Massive .8 Billion Loss;  operating results are improving

Berkshire Hathaway Chairman Warren Buffett walks through the exhibit hall as shareholders gather to hear from the billionaire investor during Berkshire Hathaway Inc’s annual shareholders meeting in Omaha, Nebraska, U.S., on 4 May 2019. REUTERS/Scott Morgan//File Photo Join now for FREE unlimited access to Reuters.com Register Aug 6 (Reuters) – Falling U.S. stock prices hurt … Read more

European stocks slide, oil rallies, traders await US jobs data

European stocks slide, oil rallies, traders await US jobs data

LONDON, Aug 5 (Reuters) – European stocks fell slightly on Friday but were still poised for a weekly gain as traders waited for U.S. jobs data later in the session to give hints on the health of the world’s largest economy. The MSCI Global Equity Index, which tracks stocks from 47 countries, rose 0.2% and … Read more

Oil falls with dollar on fears of recession; Wall Street ends mixed

Oil falls with dollar on fears of recession;  Wall Street ends mixed

Oil hits pre-Ukraine lows as demand outlook deteriorates The Bank of England expects a recession throughout 2023 Treasury Yield Curve Inversion Deepens The dollar falls; the pound sterling slips against the euro OTTAWA, Aug 4 (Reuters) – Crude oil sank along with Treasury yields and the dollar on Thursday as recession worries intensified following the … Read more

Wall Street rallies on economic data, crude falls as stocks rise

Wall Street rallies on economic data, crude falls as stocks rise

NEW YORK, Aug 3 (Reuters) – U.S. stocks closed sharply higher and Treasury yields hit two-week highs on Wednesday amid strong economic data, upbeat business forecasts and easing geopolitical concerns boosted investors’ risk appetite. First-month crude futures fell following a report that U.S. crude and gasoline inventories rose unexpectedly last week. All three major U.S. … Read more

Wall Street falls on rising US-China tensions, Caterpillar shares weigh

Wall Street falls on rising US-China tensions, Caterpillar shares weigh

President Nancy Pelosi expected in Taipei later today Caterpillar drops after missing sales estimates Uber wins after reporting positive cash flow Indices down: Dow 0.92%, S&P 0.61%, Nasdaq 0.45% Aug 2 (Reuters) – Major Wall Street indexes fell on Tuesday on concerns over rising U.S.-China tensions ahead of U.S. House of Representatives Speaker Nancy Pelosi’s … Read more

BP increases its dividend after its profit hits its highest level in 14 years

BP increases its dividend after its profit hits its highest level in 14 years

Profits soar to $8.45 billion, far beating forecasts BP increases its dividend by 10% BP to increase oil and gas spending, CEO says Profits driven by strong oil trade, impacted by LNG LONDON, Aug 2 (Reuters) – BP’s (BP.L) second-quarter profit soared to $8.45 billion, its highest level in 14 years, as strong refining and … Read more

Cryptoverse: Bitcoin beats the heat in July

Cryptoverse: Bitcoin beats the heat in July

A depiction of bitcoin virtual currency and a US one dollar banknote are seen in front of a stock chart in this illustration taken January 8, 2021. REUTERS/Dado Ruvic Join now for FREE unlimited access to Reuters.com Register Aug 2 (Reuters) – It’s been a good month for bitcoin – and we haven’t said it … Read more

Asian stocks slide with US yields on Pelosi jitters; Aussie drops

Asian stocks slide with US yields on Pelosi jitters;  Aussie drops

A man wearing a protective face mask, amid the coronavirus disease (COVID-19) pandemic, walks past a screen showing the Shanghai Composite Index, the Nikkei Index and the Dow Jones Industrial Average outside a brokerage in Tokyo, Japan, February 14, 2022. REUTERS/ Kim Kyung Hoon Join now for FREE unlimited access to Reuters.com Register TOKYO, Aug … Read more