Market Pulse - Usa
US close: Stocks close slightly higher following mixed CPI reading and Fed minutes
US stocks recorded some modest gains on Wednesday as investors digested a mixed reading on inflation pressures in the world's largest economy, as well as updates from both the European and US central banks.
Commodities: Energy futures volatile after DoE inventory data, forecasts for snow in US
The heaviest price action was in the energy patch on Wednesday, following the release of figures showing big declines in US oil product stockpiles and amid forecasts for potentially record-breaking snowfalls across America's Great Plains region.
US CEO changes were up 8.9% in March, Challenger says
Faced with disruptive new challengers, C-suite occupants in the US are increasingly opting to make a graceful exit, the results of a survey show.
WTI futures higher even after DoE reports jump in US crude oil stockpiles
US oil inventories surged last week, but the increase was almost completely offset by drops in product stockpiles.
Liberum reiterates 'buy' on Just Eat, eyes potential for bid from Uber
Analysts at Liberum reiterated their 'buy' rating on shares of food delivery service Just Eat on Wednesday, stating that recent newsflow had provided "positive read across" for the outfit.
US open: Stocks eke out modest gains following mixed CPI report
Stocks on Wall Street recorded some modest gains at the bell on Wednesday as investors digested a mixed reading on inflation pressures in the world's largest economy, as well as updates from both the European and US central banks.
US pre-open: Futures point to gains despite mixed CPI, dip for Apple shares
US futures pointed to modest gains at the bell on Wednesday as investors digested a mixed reading on inflation pressures in the world's largest economy, as well as updates from both the European and US central banks.
US core CPI for March falls short of economists' forecasts
Inflationary pressures in the States picked up last month, as energy prices extended their recent rebound, but the underlying picture was one of more subdued price increases.
Uber seeks to raise $10bn through IPO, filing expected on Thursday
Uber Technologies is planning to raise about $10bn via a sale of shares through an initial public offering, with the company set to file its public registration on Thursday.
Steppe Cement sales improve as group increases market share
Kazakhstan-focussed construction materials producer Steppe Cement saw sales tonnage soar in the first quarter of its trading year.