Market Pulse - Usa
Week ahead: US non-farm payrolls, Global factory PMIs in focus
Financial markets' focus over the coming week will be squarely on the release, on Friday, of the US non-farm payrolls report for June.
Virgin Galactic stock up 12% after receiving approval from FAA
Virgin Galactic’s shares were trading up 12% in premarket trading on Friday after it announced that the US Federal Aviation Administration had granted the license it needs to fly passengers into space.
US consumer confidence edges lower in June, University of MIchigan says
Americans grew a bit more confident in June, albeit not by as quite as much as expected, the results of a closely-followed survey revealed.
US open: Dow Jones up 200 points in early trade, S&P 500 hits another record high
Wall Street stocks moved mostly higher at the open on Friday, with the S&P 500 on track for its best week since April.
US personal incomes and spending print ahead of forecasts in May
Americans continued splashing out at a stronger-than-expected pace last month, helped by faster than expected income growth.
Panasonic sells stake in Tesla for $3.6bn
Panasonic sold its stake in electric carmaker Tesla for $3. 61bn, the company announced on Friday.
US pre-open: S&P 500 on track for best week in months
Wall Street futures were in the green ahead of the bell on Friday, with the S&P 500 on track for its best week since April.
US close: Dow Jones and S&P 500 close at fresh record highs
Wall Street stocks closed higher on Thursday, with the S&P 500 and Nasdaq Composite both finishing up the session at fresh record highs.