Traders work on the trading floor of the New York Stock Exchange (NYSE) in Manhattan, New York City, US, August 8, 2022. REUTERS/Andrew Kelly Register now to get free unlimited access to Reuters.com Register The Fed has now seen a 50 basis point rise in September US consumer price growth slows in July Musk sells … Read more
A worker walks in front of steel coils at the Chongqing Iron and Steel Plant in Changshu, Chongqing, China, August 6, 2018. REUTERS/Damir Sagolj/File Photo Register now to get free unlimited access to Reuters.com Register Producer inflation in July at its lowest level since February 2021 Consumer price inflation in July at its highest level … Read more
Micron falls on low revenue expectations Semiconductor stocks fall for the third session Novavax collapses after slashing revenue offer by half NEW YORK (Reuters) – The Nasdaq closed lower on Tuesday after a dismal outlook from Micron Technology Inc sent chip makers and tech stocks lower as investors await US inflation data that could prompt … Read more
Representations of cryptocurrency Bitcoin, Ethereum and Dash sinking into water in this illustration taken on May 23, 2022. REUTERS / Dado Ruvic / Illustration Register now to get free unlimited access to Reuters.com Register August 9 (Reuters) – Another day, another hack and another blockchain bridge burns out. When thieves stole an estimated $190 million … Read more
US Senate approves bill on climate change and drug costs Nvidia slipped as demand for games slipped into second-quarter revenue Tyson Foods retreated from a quarterly profit loss Palantir decreases due to the expected reduction Indices mixed: Dow Jones rose 0.14%, Standard & Poor’s, Nasdaq slip (Reuters) – U.S. stock indexes were mixed on Monday … Read more
Euro Stoxx gains 0.8% Wall Street braces for gains Markets are narrowing down the odds for a 75 basis point rise ahead of the US CPI. The dollar goes down Oil compensates for its early losses, and tries to rise LONDON/SYDNEY (Reuters) – Stocks rose on Monday, recovering after a strong US jobs report last … Read more
China’s exports in July grow faster, beating expectations Imports are again disappointing, highlighting weak domestic demand The trade balance hit a record high in July Weak external demand is adding pressure to the economic and trade outlook BEIJING (Reuters) – China’s export growth unexpectedly accelerated in July, providing an encouraging boost to the economy as … Read more
Nonfarm payrolls increased 528,000 in July The unemployment rate fell to 3.5% from 3.6% in June Average hourly earnings are up 0.5%; 5.2% increase year over year Participation rate fell to 62.1% from 62.2% in June WASHINGTON (Reuters) – U.S. job growth unexpectedly accelerated in July, raising employment above its pre-pandemic level and pouring cold … Read more
Oil hits lowest level before Ukraine as demand outlook deteriorates The Bank of England predicts a recession throughout 2023 Treasury yield curve inversion deepened The dollar falls, the pound falls against the euro OTTAWA (Reuters) – Crude oil fell along with Treasury yields and the dollar on Thursday as recession fears escalated after the Bank … Read more
Indices: Dow Jones shed 0.26%, Standard & Poor’s shed 0.08%, Nasdaq shed 0.41%. Energy stocks fall as oil drops to pre-war level in Ukraine Eyes on Friday’s Non-Farm Payrolls Report (Reuters) – Wall Street’s main indexes closed mixed in a dull session on Thursday as gains in high-growth stocks offset losses in energy stocks, as … Read more
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