Year: 2018

Wall Street climbed more than 1 percent on Friday following its worst two-day slide in eight months, with technology and other high-growth stocks leading a fight back.

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The mash-up of old and new media may not be a winning combination for the new S&P communication services sector as its highest fliers face regulatory threats and challenges to user growth.

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Stock markets worldwide bounced back on Friday after a multi-day selloff that left the equity markets on track for their biggest weekly losses in months, while U.S. Treasury yields moved higher and the dollar held its gains.

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President Donald Trump’s hyping of a plan to boost ethanol demand drew cheers at an Iowa rally on Tuesday, but the oil refining industry has promised a lawsuit to block the move, so victory for Midwest farmers is far from certain.

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General Electric Co put off publication of its third-quarter results by almost a week on Friday to allow new Chief Executive Officer Larry Culp to complete business reviews and site visits.

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ArcelorMittal, the world’s largest steel producer, has agreed the sale of plants in the Czech Republic, Romania, Macedonia and Italy to Liberty House to satisfy regulatory requirements for its acquisition of Italian steelmaker Ilva.

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Citigroup Inc reported a better-than-expected quarterly profit on Friday, helped by lower expenses, higher bond trading revenue and strength in its consumer banking business in Mexico.

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Wells Fargo & Co posted a 32 percent jump in quarterly profit on Friday, as the bank gave out more personal and automobile loans, and made headway in its cost-cutting plan.

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U.S. Treasury Secretary Steven Mnuchin said on Friday that he told China’s central bank chief that currency issues need to be part of any further U.S.-China trade talks and expressed his concerns about the yuan’s recent weakness.

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U.S. stocks opened higher on Friday, as bumper results from the country’s largest banks, including JPMorgan , set an upbeat tone for the earnings season.

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General Electric Co said on Friday it has pushed back its third-quarter earnings release date to Oct. 30 to allow new Chief Executive Officer Larry Culp complete business reviews and site visits.

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Brussels, the political heart of Europe, could prove the center of global market focus next week as Italy’s budget and Brexit talks overshadow economic data and central banks.

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Following are five big themes likely to dominate thinking of investors and traders in the coming week and the Reuters stories related to them.

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The German government is committed to introducing tougher sanctions against companies that foster criminal behavior in the wake of Volkswagen’s diesel emissions scandal, the country’s justice minister said.

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Citigroup Inc reported a better-than-expected quarterly profit on Friday, helped by higher bond trading revenue and strength in its consumer banking business in Mexico.

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