Market Pulse - Usa
Market buzz: Wall Street regains its nerve
After two days of blood-letting that sparked a global stock market selloff and worries that more was to come, Wall Street held its nerve on Tuesday after an initial lurch lower and ended the session in the green.
Commodities: DoE forecasts record US oil output in 2018
Commodities came under moderate selling pressure on Tuesday, even as most analysts appeared to be sanguine that the recent stockmarket rout would globally eventually wind down.
US open: Stocks trading on either side of unchanged
Stocks on Wall Street are mixed, having recovered from another round of heavy losses at the opening bell, following a massive sell-off during the previous session, amid a spike in volatility and concern in some corners of the market regarding the likely pace of interest rate hikes by the Fed.
General Motors beats the Street with fourth-quarter report card
Automotive giant General Motors beat Wall Street expectations on Tuesday, as cost-cutting and higher vehicle prices helped to offset a double-digit decline in sales volume during its fourth and final trading quarter.
Credit Suisse sees scope for higher than average dividend yields at Randgold
Analysts at Credit Suisse stuck by their 'neutral' recommendation on shares of Randgold Resources but expressed surprise at management's decision the day before regarding the size of its dividend payout and what that said about their willingness to return any excess capital to shareholders.
Elon Musk to send his Tesla Roadster into space on Tuesday
Tesla owner Elon Musk is sending the world’s most powerful rocket, the Falcon Heavy, into space on Tuesday to test its lift capacity which is designed to be double that of any current launcher.
US trade deficit jumps in December
America's shortfall in trade with the rest of the world widened at the end of 2017 as imports continued to run ahead of exports, boosted by strong domestic demand.
Impact from short equity volatility set to fade, BofA says
A bubble might have popped on Monday, a bubble in equity volatility that is, according to analysts at Bank of America-Merrill Lynch.