Market Pulse - Usa
OPEC+ to boost output in March by 0.4m b/d, as expected
The Organisation of the Petroleum Exporting Countries and its main allies, or OPEC+ as they are collectively known, will raise their combined output of crude oil in March as expected.
Alphabet shares set to hit new highs at the open after bumper Q4 results
Shares of Google parent Alphabet were set to start trading in record territory on Wednesday after the technology giant beat analysts' estimates for its fourth quarter sales and profit.
US pre-open: Futures higher as investors digest earnings
Wall Street futures were in the green ahead of the bell on Wednesday as investors digested a slew of corporate earnings from the overnight.
US close: Stocks end first day of February trading in the green
Wall Street stocks closed higher on the first day of February trading as market participants digested a number of data points and corporate updates.
Spanish Covid-19 vaccine shows high efficacy against Omicron variants
The Covid-19 vaccine being developed by Spain's Hipra has shown a "high efficacy" against the new Omicron variants and is now entering third phase clinical trials.
US job openings increased a tad in December, but 'quits' rate dips
The number of job openings in the US increased a little at the end of 2021, even as hiring and voluntary separations dipped.
AMC Entertainment's 'milestone' Q4 driven by success of newest Spiderman title
Cinema chain AMC Entertainment posted preliminary fourth-quarter earnings on Tuesday that indicated the firm was on track to return to profitability during the final months of the year.
US manufacturing sector continues growing at rapid pace in January amid price pressures
Factory sector activity in the US slowed by a bit more than anticipated last month amid ongoing shortages of key inputs, including for labour, or transportation problems, the results of a closely-followed survey revealed.
US open: Major indices start off February on a mixed note
Wall Street stocks were mixed early on the first day of February trading as market participants digested a number of data points and corporate updates.
Another 53,000 Teslas recalled in the US
Tesla recalled another 53,000 of its electric cars overnight on Tuesday, after a new software fault was discovered, which could see the cars run through stop signs.
AT&T to merge WarnerMedia arm with Discovery in $43bn transaction
AT&T will merge its WarnerMedia unit with Discovery in a $43bn transaction following a spin-off of the business.
US pre-open: Futures slightly lower as investors await key earnings and data
Wall Street futures had stocks opening slightly lower ahead of the bell on the first day of February trading.