Market Pulse - Usa
Bronfman withdraws bid for Paramount, making way for Skydance deal
Edgar Bronfman Jr officially withdrew his bid to acquire Paramount Global on Tuesday, effectively clearing the way for Skydance Media to take control of the company.
US open: Stocks mixed following Powell's Jackson Hole comments
Wall Street stocks were mixed early on Monday as market participants continued to digest news that the Federal Reserve now appeared to be on the cusp of making interest rate cuts.
US pre-open: Powell's Jackson Hole speech continues to lift stocks
Wall Street futures were slightly higher ahead of the bell on Monday as market participants cheered news that the Federal Reserve appeared to be on the cusp of making interest rate cuts.
US open: Stocks higher following Powell's Jackson Hole speech
Wall Street stocks were firmly in the green early on Friday as market participants turned their attention to Federal Reserve chairman Jerome Powell's remarks at the central bank's Wyoming economic symposium.
US pre-open: Futures trade higher ahead of Jackson Hole
Wall Street futures were in the green ahead of the bell on Friday as market participants strapped in for a day packed full of speeches from Federal Reserve bankers.
US open: Stocks mixed as traders await Powell's Jackson Hole speech
Wall Street stocks were mixed early on Thursday as traders continued to await comments from Federal Reserve chairman Jerome Powell.
Boston Fed president Collins signals her support for rate cuts
Boston Federal Reserve president Susan Collins suggested on Thursday that it would soon be appropriate for the Fed to initiate a cycle of interest rate cuts, indicating her likely support for a rate reduction at the central bank’s upcoming policy meeting.
US jobless claims rise by 4,000
Americans lined up for unemployment benefits at a slightly accelerated pace in the week ended 17 August, according to the Labor Department.
US pre-open: Futures little changed as traders look ahead to Jackson Hole
Wall Street futures were little changed ahead of the bell on Thursday as traders continued to await comments from Federal Reserve chairman Jerome Powell.
Citi says risk/reward in US dollar longs 'attractive'
Analysts sounded a positive note on the outlook for the US dollar, pointing out a mix of potential catalysts that might provide support.
US nonfarm payrolls revised down by 818,000
The US economy created 818,000 fewer jobs than originally reported throughout the 12 months ended 31 March, according to the Labor Department's preliminary annual benchmark revision.
US open: Stocks mostly higher as traders await Fed minutes
Wall Street stocks were mostly higher early on Wednesday as market participants looked ahead to minutes from the Federal Reserve's July policy meeting and a key speech from chairman Jerome Powell later in the week.
Macy's lowers full-year sales guidance despite Q2 earnings beat
Shares in US department store retailer Macy’s were sliding early on Wednesday, after it reported better-than-expected second-quarter earnings despite a drop in sales, and revised its full-year guidance downwards.
CMA cans Apple, Google app market probes ahead of new regulation
The Competition and Markets Authority (CMA) has closed its investigations into Google’s Play Store and Apple’s App Store, it announced on Wednesday, shifting its focus to the forthcoming digital markets competition regime.
US pre-open: Stock futures higher ahead of Fed minutes
Wall Street futures were in the green ahead of the bell on Wednesday as market participants looked ahead to minutes from the Federal Reserve's July policy meeting and a key speech from chairman Jerome Powell later in the week.
US open: Stocks lower as attention turns to Federal Reserve
Wall Street stocks were in the red early on Tuesday as investors turned their attention towards the Federal Reserve Bank.
EU lowers planned tariffs on Chinese made Teslas
The European Union said on Tuesday that it will lower planned tariffs for Tesla vehicles imported to the bloc from China from 20. 8% to 9% as it announced a number of reductions to planned import duties from other Chinese electric carmakers.
US pre-open: Stocks futures mixed as traders await Fed comments
Wall Street futures were mixed ahead of the opening bell on Tuesday as investors turned their attention firmly towards the Federal Reserve Bank.
US open: Stocks mostly higher following winning week
Wall Street trading got off to a mixed start on Monday as major indices came off a winning week.
Fed's Neel Kashkari says it's time to discuss 'potentially cutting rates'
Federal Reserve Bank of Minneapolis president Neel Kashkari said on Monday that it was now time for the central bank to begin discussing potentially cutting US benchmark interest rates at its September meeting.