International News
Europe close: Stocks end lower on US-China trade concerns
Stocks on the Continent were lower on Thursday although they managed to finish off their worst levels, with market sentiment dented by concerns around US-China trade talks and a slew of poor corporate updates out of the technology sector on both sides of the Atlantic.
Morgan Stanley earnings beat expectations after strong wealth management performance
Morgan Stanley on Thursday reported second quarter earnings and revenues ahead of analysts expectations following a strong performance from its wealth management business.
EC fines Qualcomm €242m over abuse of market position
The European Commission fined US chipmaker Qualcomm €242m for abusing its market dominance in 3G baseband chipsets and selling below cost in order to force competitors out of the market.
Huawei not a sticking point in US-China trade talks, Mnuchin says
US and Chinese trade negotiators were set to hold telephone talks on Thursday night, US Treasury Secretary, Steve Mnuchin told broadcaster CNBC.
US open: Stocks head south as earnings and trade concerns continue
US stocks opened slightly lower for a third straight session as earnings and trade fears continued to weigh on market sentiment.
US-China tarde talks hit a snag over Huawei, WSJ says
Trade talks between Washington and Beijing have reportedly hit a snag amid Chinese demands for the US administration to ease its restrictions on Huawei, the country's largest telecommunications equipment maker.
Philly Fed index surges in July with new orders and hiring strong
A key index for manufacturing sector conditions in the US mid-Atlantic region snapped back in July amid a surge of new orders and with hiring ramping up quickly.
First time US weekly jobless claims edge past forecasts
First time unemployment claims in the States rose a tad more than expected during the previous week but continued to point to still solid labour market conditions.
US pre-open: Losses set to continue with earnings and trade fears still in focus
Wall Street futures had stocks opening lower yet again as earnings and trade fears continue to weigh on market sentiment.
Euro slips on report ECB looking at revising inflation target
The euro slipped on Thursday on a report that the European Central Bank had started to look at revising their inflation target.
Asia report: Most markets fall amid renewed trade concerns
Most markets in Asia were in the red on Thursday, led lower by Japanese bourses, as investors digested fresh concerns around the ongoing trade war between the United States and China.
SAP's Q2 operating profit falls short of expectations
German software company SAP was under pressure on Thursday as its second-quarter operating profit missed analysts' expectations.