Market Pulse - Usa
Week ahead: Global PMIs, UK data in focus
The focus in financial markets over the coming week will be on global manufacturing and services sector conditions with a raft of survey results due out in the euro area, UK and US on Friday.
Credit Suisse says markets 'consolidating' not 'correcting'
Stockmarkets are set to consolidate, given that inflation is now "a bit more" of an issue, but they are not headed for a 'correction', says Andrew Garthwaite at Credit Suisse.
Amazon to create 10,000 UK jobs in wake of online shopping boom
Amazon is creating 10,000 permanent jobs in the UK in response to the boom in online shopping seen during the pandemic.
Higher inflation takes its toll on US consumer confidence, University of Michigan says
Higher inflation is taking its toll on Americans' confidence in the economy, the results of a closely-followed survey revealed.
US retail sales unchanged in April
US retail sales slowed down in April after the initial effect of the White House's Covid-19 stimulus checks faded.
US open: Stocks advance despite weaker-than-expected retail sales report
Wall Street stocks opened higher on Friday despite market participants digesting a weaker-than-expected monthly retail sales report.
US pre-open: Futures in the green ahead of retail sales report
Wall Street futures had stocks opening higher ahead of the bell on Friday as major indices looked set to register a second straight day of gains after a lacklustre start to the week and ahead of some key retail sales data.
US close: Stocks firmer as jobless claims fall further
Wall Street stocks finished well above the waterline on Thursday with technology plays back in favour, after the blue-chip index turned in its worst performance since January in the previous session.