Editor Brian Harrod Provides Comprehensive up-to-date news coverage, with aggregated news from sources all over the world from the Roundup Newswires Network
The dollar rose to its highest level in a week on Wednesday and world stocks fell for the third day as investors braced for minutes from the Fed's last policy meeting to see if they would herald more rises in interest rates and global bond yields. Wall Street looked set for a weaker session, with equity futures down around 0.2 percent and the VIX volatility gauge up for the third day in a row.
Jolted by the global investment craze over bitcoin and other cryptocurrencies, U.S. lawmakers are moving to consider new rules that could impose stricter federal oversight on the emerging asset class, several top lawmakers told Reuters. Bipartisan momentum is growing in the Senate and House of Representatives for action to address the risks posed by virtual currencies to investors and the financial system, they said.
Precision Castparts and Rockwell Collins are both large-cap industrials companies, but which is the better stock? We will contrast the two businesses based on the strength of their earnings, valuation, dividends, risk, profitability, analyst recommendations and institutional ownership. Rockwell Collins has a consensus price target of $130.53, indicating a potential downside of 3.96%.
Stocks on Wall Street have ended their strongest week in five years and have now recovered more than half the losses they suffered at the beginning of the month. A combination of cheaper prices for stocks as well as solid company profits put investors back in a buying mood.
Northrop Grumman and Arconic are both large-cap industrials companies, but which is the better business? We will contrast the two companies based on the strength of their institutional ownership, analyst recommendations, profitability, valuation, earnings, risk and dividends. Northrop Grumman currently has a consensus price target of $320.16, indicating a potential downside of 3.77%.
U.S. stocks are lower Thursday morning as losses from the previous day continue. . Traders Peter Tuchman, left, and Patrick Casey work on the floor of the New York Stock Exchange, Thursday, Feb. 8, 2018.
He broke his silence Wednesday about the market turmoil: "In the 'old days,' when good news was reported, the Stock Market would go up," he wrote on Twitter. He added, "Today, when good news is reported, the Stock Market goes down.
Treasury Secretary Steven Mnuchin listens during a Senate Banking, Housing and Urban Development Committee hearing in Washington, D.C., on Jan. 30, 2018. ( Treasury Secretary Steven Mnuchin listens during a Senate Banking, Housing and Urban Development Committee hearing in Washington, D.C., on Jan. 30, 2018.
President Donald Trump smiles during the State of the Union address in the chamber of the U.S. House of Representatives in Washington, D.C., Jan. 30, 2018. President Donald Trump opened himself up to scrutiny on Monday as he boasted about the booming economy, tying its growth to legislation that he signed into law, while the U.S. stock market took a record-breaking dive at the same time.
U.S. stocks jumped at the open on Wednesday, after two days of steep losses, boosted by a surge in Boeing and a controversy-free State of the Union speech by President Donald Trump. Boeing forecast full-year profit well above market estimates as it expects its busiest year ever for deliveries, sparking a 6.4 percent surge in its shares, the biggest weight in the price-weighted Dow Jones Industrial Average.
Reach her on Messenger to share your thoughts on market moves: BAD MONTH FOR UK OUTSOURCERS GETS WORSE It's been a terrible month for UK outsourcers. After Carillion collapsed, now Capita is going into brace mode following a profit warning, scrapping its dividend and announcing it will go to shareholders for fresh funds.
U.K. stocks struggled for direction on Wednesday, staying on course for a monthly loss, as investors remained nervous after a recent global equity selloff that left the FTSE 100 at a more-than-one-month low. Off the main benchmark, a 40% plunge in shares of outsourcer Capita PLC after a profit warning was rattling investors.
Stakes are high for President Donald Trump as he prepares to give his first State of the Union Address and is tasked with helping his party keep control of Congress in the midterm election. Veuer's Chandra Lanier has the story.
A by-the-numbers look at President Donald Trump's first year in office reveals areas of both progress and peril. The stock market is soaring, smashing record after record.
President Trump will fulfill his constitutional duty Tuesday night to "give to the Congress Information of the State of the Union." Before he does, let's review, without the night's pomp, circumstance, and political rhetoric, the actual state of the union.
Anybody hoping for a replay of the stock market advance that followed U.S. President Donald Trump's first address to Congress may be disappointed. This time around, shares could suffer if Trump does not tread carefully on hot-button issues.
The stock market is going up. It has been since March 2009, qualifying this bull run as a Marathon Bull - and people who couldn't care less before are paying attention now.
The dollar sagged against its peers on Monday as a U.S. government shutdown dented sentiment, although losses were limited for now as investors took a wait-and-see stance on developments in Washington. The shut down came into effect at midnight on Friday after Democrats and Republicans, locked in a bitter dispute over immigration and border security, failed to agree on a last-minute deal to fund government operations.