Market Pulse - Usa
US open: Wall Street shoots for fifth straight month of gains
Wall Street's main market gauges were trading slightly higher shortly after the open and were on track for a fifth consecutive monthly gain.
Americans splash out in June but price growth ebbs
Americans took out from their savings again to finance increased spending at the end of the second quarter.
U.S. labour costs ebb in second quarter
The cost of labour in the States ebbed during the second quarter.
U.S. consumer confidence jumps in July, price expectations little changed
The American consumer grew more confident in July, the results of a closely followed survey revealed.
US close: Stocks fall, Dow snaps historic winning streak
Wall Street stocks ended in negative territory on Thursday, snapping the Dow Jones Industrial Average's longest winning streak since 1987.
Europe to probe Microsoft's bundling of Teams with Office 365
The European Commission opened a formal investigation into Microsoft on Thursday, to assess whether the tech giant had violated EU competition rules.
Weekly US jobless claims slip lower by surprise
The U. S. jobs market tightened slightly during the previous week, contrary to expectations.
US goods trade deficit fall by more than expected in June
America's shortfall on trade in goods with the rest of the world narrowed by slightly more than expected last month.
US GDP grows 2.4% in second quarter, slightly ahead of forecasts
America's economy expanded a bit more quickly than anticipated over the second quarter.
US close: Stocks mixed as Fed takes interest rates to 22-year high
Wall Street’s main stock indexes closed in a mixed state on Wednesday, with the Dow extending its record-breaking streak to 13 consecutive winning sessions as the Federal Reserve took interest rates to their highest levels in more than 20 years.
Federal Reserve hikes rates, leaves door open to more tightening
The Federal Reserve hiked interest rates as expected on Wednesday and left the door open to further tightening if needed.
Europe close: Stocks slip ahead of Fed, LVMH drop hits Cac-40
European shares ended on a mixed note on Wednesday as investor focus turned to the start of the US Federal Reserve’s two-day policy meeting for any clues on the future path of interest rates and also digested another deluge of earnings.
CMA to consult on changes offered by Amazon Marketplace
In response to concerns raised by the Competition and Markets Authority (CMA) over potential anti-competitive practices, Amazon has offered to implement changes to the way it treats third-party sellers using its Marketplace platform in the UK, it emerged on Wednesday.
U.S. new home sales dip in June
New home sales in the U. S. undershot economists' forecasts by a large margin last month.
US close: Stocks firmer as investors look to Fed decision
Wall Street enjoyed a positive close on Tuesday, buoyed by investor anticipation for the Federal Reserve's two-day policy meeting and a strong earnings season.
Biogen to axe 1,000 jobs as part of cost-cutting strategy
US biopharmaceutical firm Biogen announced that it would trim its workforce by 1,000 jobs on Tuesday, as part of a cost reduction strategy.
US close: Dow extends winning streak ahead of next Fed decision
Monday ended on a high note on Wall Street as major indices managed to secure positive finishes.
US pre-open: Futures point to modest bounce
US equity futures were pointing to a moderately higher start to the session following the selling seen on Thursday centred on shares of Netflix and Tesla.
US close: Dow continues winning streak as Nasdaq sinks
Wall Street finished Thursday’s trading with mixed outcomes, as the Dow Jones Industrial Average saw its longest series of gains in six years, while disappointing earnings reports weighed down the Nasdaq.
Philip Morris Q2 profits come in better than expected
Philip Morris International reported better-than-expected profits for the second quarter on Thursday, as net earnings per share fell to $1. 01 from $1. 43 year-on-year.