FILE PHOTO: A man walks outside the New York Stock Exchange (NYSE) in New York, U.S., November 24, 2020. REUTERS/Brendan McDermid(Reuters) – Wall Street’s main indexes opened near all-time highs on Friday as worse-than-expected jobs growth in November spurred bets…
Read MoreS&P 500, Nasdaq at record as vaccine hope eclipses poor data
(Reuters) – The S&P 500 and Nasdaq touched all-time highs on Thursday as hopes of a swift COVID-19 vaccine-driven recovery and economic stimulus eased immediate worries about rising coronavirus cases and dismal economic data.FILE PHOTO: The front facade of the…
Read MoreRPT-UPDATE 2-Is U.S. inflation coming back? Jump in market measure sparks debate
(Repeats to widen distribution, no change to text) NEW YORK, Dec 2 (Reuters) – A spike in market expectations for U.S. inflation and a jump in long-dated bond yields have re-ignited a debate about whether sustained price rises may be…
Read MoreWall Street muted as stimulus hopes collide with dismal private jobs data
(Reuters) – Wall Street’s main indexes lost their momentum on Wednesday as investor sentiment was divided between optimism stemming from a potential coronavirus fiscal package and COVID-19 vaccine breakthroughs and a bleak private jobs report.FILE PHOTO: The U.S. flag is…
Read MoreWall Street muted as stimulus hopes collide with dismal private jobs data
(Reuters) – Wall Street’s main indexes lost their momentum on Wednesday as investor sentiment was divided between optimism stemming from a potential coronavirus fiscal package and COVID-19 vaccine breakthroughs and a bleak private jobs report.FILE PHOTO: The U.S. flag is…
Read MoreU.S. CFTC issues record number of enforcement actions, as fines remain largely flat
WASHINGTON (Reuters) – The U.S. derivatives regulator issued a record 113 enforcement actions for corporate wrongdoing in 2020 – the most in the agency’s history – the agency said on Tuesday, even as total monetary fines remained almost flat. The…
Read MoreWall Street gains on vaccine cheer, robust China data
FILE PHOTO: A Wall St. sign is seen near the New York Stock Exchange (NYSE) in the financial district in New York, U.S., November 24, 2020. REUTERS/Brendan McDermid/File Photo(Reuters) – Wall Street’s main indexes opened higher on Tuesday as better-than-expected…
Read MoreAnalysis: Investors weigh prospects for U.S. corporate earnings as stocks set records
NEW YORK (Reuters) – As U.S. stocks scale fresh record highs, investors are trying to gauge whether next year’s projected profit rebound will be strong enough to add fuel to the rally.FILE PHOTO: A car waits to enter the financial…
Read MoreStock trades by Senator Perdue said to have prompted DoJ Inquiry – NYT
FILE PHOTO: U.S. Senator David Perdue speaks during a campaign event in Cumming, Georgia, U.S., November 13, 2020. REUTERS/Dustin Chambers(Reuters) – Republican Senator David Perdue’s stock trades in financial firm Cardlytics Inc earlier in 2020 prompted a Justice Department inquiry…
Read MoreS&P 500, Dow pull back from all-time closing highs after grim jobless data
NEW YORK (Reuters) – The S&P 500 index closed lower on Wednesday as mounting U.S. layoffs in the wake of new mandated lockdowns to contain surging COVID-19 infections dampened investor risk appetite. The index and the Dow Jones Industrial Average…
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