Market Pulse - Usa
US close: Markets manage to hold on to gains
Wall Street indices managed to keep their head above water by the close on Tuesday, having opened on a downbeat note following two days of gains, as investors looked ahead to key inflation data that was set for release the next day.
Bridgewater's Dalio fears rising risk of US recession
Bridgewater Associates founder Ray Dalio said on Monday that the risks of a recession hitting in the next 18 to 24 months are rising.
US open: Stocks dip, threatening two-day climb
Trading began on Wall Street began on a bit of a down note on Tuesday following two days of gains, as investors looked ahead to key inflation data that was set for release the next day.
Morgan Stanley downgrades BP, cuts target for Shell
Morgan Stanley downgraded its view on shares of BP by one notch from 'overweight' to 'equalweight', predicting that management would continue to prioritise debt reduction over the dividend payout.
Amazon plans hundreds of job cuts in Seattle
Amazon is planning hundreds of layoffs at its Seattle headquarters and across its operations worldwide, a rare move following an eight-year long hiring spree which saw its Seattle workforce soar from 5,000 in 2010 to 40,000.
Morrisons agrees Channel Islands wholesale deal with Sandpiper
Morrisons has struck a long-term commercial agreement with the leading operator of retail outlets in the Channel Islands.
US close: Markets continue rebound as Trump unveils infrastructure plan
Wall Street's main indexes finished the session higher on Monday, extending the bounce that began late on Friday, driven by technology and financial issues as stocks did their best to recover from their worst week since 2016.