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Europe close: Stocks boosted by basic resources, German Ifo

Europe close: Stocks boosted by basic resources, German Ifo

Tue, 25 July 2017

(ShareCast News) - European stocks ended higher on Tuesday, with basic resources pacing the advance as investors cheered an upbeat reading on German business confidence. The benchmark Stoxx Europe 6... [more]

Caterpillar boosted 5% after Q2 earnings beat

Caterpillar boosted 5% after Q2 earnings beat

Tue, 25 July 2017

(ShareCast News) - Construction machinery giant Caterpillar surged over 5% higher in the Dow Jones on Tuesday after a second-quarter earnings report which beat expectations. The company also revised i... [more]

General Motors surpasses estimates in Q2, vows to trim inventory

General Motors surpasses estimates in Q2, vows to trim inventory

Tue, 25 July 2017

(ShareCast News) - US carmaker General Motors cut costs in the second quarter to post a better-than-expected net income for the period, according to its latest earnings report. The Detroit company als... [more]

US consumer confidence unexpectedly improves in July

US consumer confidence unexpectedly improves in July

Tue, 25 July 2017

(ShareCast News) - US consumer confidence unexpectedly rose to a four-month high in July, according to the latest data from the Conference Board. The confidence index increased to 121.1 from 117.3 in ... [more]

US house price growth slows in May - S&P/Case-Shiller

US house price growth slows in May - S&P/Case-Shiller

Tue, 25 July 2017

(ShareCast News) - US house price growth eased in May, according to the S&P/Case-Shiller National Home Price Index. The 20-city index was up 5.7% on the year, down from 5.8% the month before and below... [more]

US open: Stocks mostly higher as investors wade through earnings avalanche

Tue, 25 July 2017

(ShareCast News) - US stocks were mostly higher at the open on Tuesday as investors waded through an avalanche of earnings and digested a better-than-expected reading on US consumer confidence. At 152... [more]

Trump doubles down on Sessions criticism as firing reports grow

Tue, 25 July 2017

(ShareCast News) - US President Donald Trump fired another barrage of criticism towards his attorney general Jeff Sessions on Tuesday as reports suggest he is preparing to sack the country's top law o... [more]

Europe midday: Stocks extend gains as Ifo hits record high

Tue, 25 July 2017

(ShareCast News) - European stocks extended gains and the euro ticked up against the dollar on Tuesday following an upbeat reading on German business confidence. At midday, the benchmark Stoxx Europe ... [more]

Asia report: Markets mixed as traders count down to FOMC

Tue, 25 July 2017

(ShareCast News) - Markets in Asia were mostly lower on Tuesday after a mixed session in the US overnight, as traders looked towards the upcoming Federal Open Market Committee meeting for cues as to t... [more]

US pre-open: Stocks seen muted ahead of earnings flurry

Tue, 25 July 2017

(ShareCast News) - US futures pointed to a muted open on Wall Street on Tuesday as investors awaited a flurry of high-profile earnings from the like of McDonald's and General Motors and looked to the ... [more]

Alphabet profits hit by Google antitrust fine

Tue, 25 July 2017

(ShareCast News) - Google's parent company Alphabet suffered falling profits in the second quarter following the record fine it received from the EU in June. Alphabet posted strong revenue results how... [more]

German business confidence hits record high in July

Tue, 25 July 2017

(ShareCast News) - German business confidence unexpectedly improved in July, according to a widely-followed survey. The Ifo's business climate index rose to 116 from 115.2 the month before, beating ex... [more]

Europe open: Stocks edge higher as investors digest earnings

Tue, 25 July 2017

(ShareCast News) - European stocks edged higher in early trade on Tuesday amid some well-received corporate news, as investors looked to the start of the Federal Reserve's two-day policy meeting. At 0... [more]

US close: Markets finish mixed, Alphabet beats earnings forecast

Mon, 24 July 2017

(ShareCast News) - US stocks finished mixed on Monday as investors awaited corporate news from the likes of Alphabet ahead of what promises to be a busy week on the earnings front. The Dow Jones Indus... [more]

Europe close: Stocks end mostly lower as autos skid

Mon, 24 July 2017

(ShareCast News) - European stocks ended mostly lower on Monday, with autos under the cosh as investors digested the latest data on the eurozone manufacturing and services sectors. The Stoxx Europe 60... [more]

US existing home sales drop more than expected in June

Mon, 24 July 2017

(ShareCast News) - Sales of US existing homes fell more than expected in June, according to data from the National Association of Realtors. Sales were down 1.8% to a seasonally-adjusted annual rate of... [more]

Markit's flash US manufacturing PMI at four-month high in July

Mon, 24 July 2017

(ShareCast News) - Markit's flash US manufacturing purchasing managers' index came in at a four-month high in July. The manufacturing index rose to 53.2 from 52.0 the month before amid accelerated gro... [more]

Asia report: Markets mixed as Trump's circus of instability continues

Mon, 24 July 2017

(ShareCast News) - Markets in Asia were mixed on Monday, as traders turned their attention to the upcoming two-day policy meeting of the Federal Reserve in the US. Japan's Nikkei 225 was down 0.62% at... [more]

Elliott wants answers on Akzo Nobel's new CEO

Mon, 24 July 2017

(ShareCast News) - Activist investor Elliott Advisors, Akzo Nobel's largest shareholders, called on the Dulux maker on Monday to confirm the date of a general meeting to vote on the appointment of the... [more]

US open: Stocks mostly lower as investors eye Alphabet earnings

Mon, 24 July 2017

(ShareCast News) - US stocks were trading mostly lower on Monday as investors awaited corporate news from the likes of Alphabet ahead of what promises to be a busy week on the earnings front. At 1540 ... [more]

Europe midday: Stocks in the red as autos skid

Mon, 24 July 2017

(ShareCast News) - European stocks were maintaining losses by midday, with auto issues under the cosh as investors digested the latest data on the eurozone manufacturing and services sectors. The Stox... [more]

Jared Kushner releases details of four Russian contacts, denies collusion

Mon, 24 July 2017

(ShareCast News) - Donald Trump's son-in-law and adviser Jared Kushner has released details of four Russian contacts he had during and after the 2016 US presidential election during testimony given to... [more]

US pre-open: Stocks seen touch lower ahead of busy earnings week

Mon, 24 July 2017

(ShareCast News) - US futures pointed to a lower open on Wall Street on Monday as investors mulled over a downgrade of the International Monetary Fund's growth forecasts for the US, ahead of a busy we... [more]

Europe open: Stocks retreat as autos under pressure

Mon, 24 July 2017

(ShareCast News) - European stocks fell in early trade on Monday with auto issues under the cosh as investors digested the latest data on the eurozone manufacturing and services sectors. At 1045 BST, ... [more]

Trade secretary Fox in Washington for talks over US deal

Mon, 24 July 2017

(ShareCast News) - UK trade representatives have arrived in Washington in order to discuss a post-Brexit trade deal with their US counterparts. According to EU rules, the UK cannot sign any trade deal... [more]