Market Pulse - Usa
US initial jobless claims unexpectedly rise last week
Americans made first-time unemployment benefit claims at a higher than expected clip last week, driven by an increased number of Covid-19 cases that disrupted business activity across the nation.
US pre-open: Futures in the green ahead of jobless claims figures
Wall Street futures were in the green ahead of the bell on Thursday as major indices looked set to try bounce back from another day of heavy losses ahead of this week's jobless claims report.
US close: Major indices sharply lower as sell-off continues
Wall Street stocks closed lower yet again on Wednesday amid elevated bond yields, with the Nasdaq Composite falling into correction territory.
US open: Stocks in the green as earnings continue to trickle in
Wall Street stocks were in the green early on Wednesday after major indices recorded heavy losses in the previous session amid rising bond yields.
Entain's BetMGM venture to blast past $1bn net revenue in 2022
Entain updated the market on performance at its BetMGM joint venture with MGM Resorts International on Wednesday, with the operation expecting full-year net revenue to top $1. 3bn in 2022.
Morgan Stanley quarterly profits beat expectations
Investment bank Morgan Stanley posted quarterly profits that beat expectations on Wednesday amid a surge in mergers and acquisitions and an increased level of fees from advising on deals.
US pre-open: Futures trade slightly higher as earnings continue to roll in
Wall Street futures were in the green ahead of the bell on Wednesday after major indices recorded heavy losses in the previous session amid rising bond yields.
US close: Stocks sharply lower amid rising bond yields, bank earnings
Wall Street stocks closed sharply lower on Tuesday as market participants digested more corporate earnings and kept one eye on government bond yields that were now at pandemic-era highs.
US open: Stocks head south as bond yields move higher
Wall Street stocks were firmly in the red early on Tuesday as market participants digested more corporate earnings and kept one eye on government bond yields that were now at pandemic-era highs.
Bank of NY Mellon beat expectations with quarterly earnings
Investment bank Bank of New York Mellon beat quarterly earnings estimates on Tuesday after assets under management increased during the period thanks to higher market values and net inflows.
US pre-open: Futures in the red as bond yields rise ahead of more earnings
Wall Street futures were in the red ahead of the bell on Tuesday as market participants prepared for another batch of corporate earnings and kept one eye on government bond yields that were now at pandemic-era highs.
Tuesday preview. UK employment, Goldman Sachs in the spotlight
Investors' focus on Tuesday will be on the latest UK employment data.
US close: Stocks mixed as Q4 earnings begin to roll in
Wall Street stocks put on a mixed performance on Friday as market participants digested earnings from some of the country's biggest banks.
US industrial production dips in December amid declines in auto and gas output
Industrial output underwhelmed at the end of December amid a decline in automobile manufacturing and in the output of gas utilities due to warmer-than-normal temperatures.
US open: Stocks mixed as bank earnings roll in
Wall Street stocks were mixed early on Friday as market participants digested earnings from some of the country's biggest banks.
Citi beats estimates for fourth quarter earnings and revenues, but shares slip
Citigroup posted better-than-expected fourth quarter earnings and revenues despite meagre top-line growth as its fixed income operations underperformed.
Wells Fargo Q4 earnings easily top expectations
Financial services giant Wells Fargo reported fourth-quarter earnings on Friday that easily topped expectations on the Street.
JPMorgan Chase posts record FY profits despite slip in Q4
US banking giant JPMorgan Chase posted record full-year profits on Friday despite revealing fourth-quarter earnings had come in lower year-on-year as a weaker performance in its trading unit somewhat offset a boom in its investment banking division.
US pre-open: Futures mixed as Q4 earnings season kicks off
Wall Street futures were pointing to a mixed open ahead of the bell on Friday as market participants prepped themselves for the beginning of the fourth-quarter earnings season.
Tesla now accepting dogecoin as payment for whistle, ride-on toy
Tesla made good on its promise to start accepting dogecoin on Friday, with its chief executive officer Elon Musk saying it was now accepting the meme cryptocurrency as payment for some of its merchandise.