Shares dip after six-month peak, oil nears $70 a barrel
World stock markets were little changed on Tuesday after grazing a six-month high as investors took a breather following a three-day run of gains.
World stock markets were little changed on Tuesday after grazing a six-month high as investors took a breather following a three-day run of gains.
Major automakers on Tuesday reported weak sales for March and the first quarter citing a rough start to the year, but said a robust economy and strong labor market should encourage consumers to buy more vehicles as 2019 rolls on.
New orders for key U.S.-made capital goods slipped in February and shipments were unchanged, but data for January was revised slightly higher, which could support views that the manufacturing sector was stabilizing.
Massachusetts gaming regulators on Tuesday released an investigative report concluding that former executives of Wynn Resorts Ltd concealed sexual misconduct allegations against the casino operator’s billionaire founder, Steve Wynn.
Oil prices hit their highest of 2019 on Tuesday, with Brent crude approaching $70 a barrel, on the prospect that more sanctions against Iran and further Venezuelan disruptions could deepen an OPEC-led supply cut.
Fiat Chrysler Automobiles NV on Tuesday reported an 11 percent fall in total March sales in Canada.
The European Union has not raised any major concerns about the impact on Germany’s cable market of Vodafone buying Liberty Global’s assets, sources with direct knowledge of the matter said on Tuesday, improving the chances of the deal going ahead.
Massachusetts gaming regulators on Tuesday released an investigative report concluding that executives of Wynn Resorts Ltd concealed sexual misconduct allegations against the casino operator’s billionaire founder, Steve Wynn.
General Motors Co on Tuesday reported a 7 percent fall in U.S. new vehicle sales for the first quarter, hit by declines in passenger car sales.
U.S. stocks pulled back on Tuesday after a three-day surge, as a profit warning from drugstore chain Walgreens Boots hit the pharma sector, while investors looked for more signs of strength in the economy in the wake of growth worries.
Bayer’s non-executive board reaffirmed its support for top management’s decision to acquire seed maker Monsanto last year, after losing high-profile lawsuits to U.S. plaintiffs who claimed Monsanto’s Roundup weedkiller caused their cancer.
U.S. stocks opened flat on Tuesday, pausing after a three-day surge on Wall Street as investors looked for more signs of strength in the economy in the wake of growth worries.
Bitcoin soared to its highest in almost five months on Tuesday, pulling smaller cryptocurrencies up with it, after a major order by an anonymous buyer set off a frenzy of computer-driven trading, analysts said.
The co-founder and former boss of Superdry, Julian Dunkerton, is to return to the board of the British fashion group after narrowly winning the support of shareholders – a development which could prompt the chief executive to quit.
Massachusetts gaming regulators on Tuesday released an investigative report concluding that executives of Wynn Resorts Ltd concealed sexual misconduct allegations against the casino operator’s billionaire founder, Steve Wynn.
Copyright 1997-2019 Wall Street Reporter / Octagon Media Corp.