Wall Street extends rally on U.S.-China trade optimism
U.S. stocks rose on Friday as increased hopes that the United States and China would resolve their trade dispute lifted shares across sectors.
U.S. stocks rose on Friday as increased hopes that the United States and China would resolve their trade dispute lifted shares across sectors.
Apple Inc has been ordered by a German court to stop using part of a press release claiming all iPhones would be available in the country through carriers and resellers, a copy of the ruling seen by Reuters showed.
U.S. consumer sentiment tumbled in early January to its lowest level since President Donald Trump was elected more than two years ago as an ongoing partial shutdown of the federal government and financial market volatility stoked fears of a sharp deceleration in economic growth.
U.S. regulators have met to discuss imposing a fine against Facebook Inc for violating a legally binding agreement with the government to protect the privacy of personal data, the Washington Post reported on Friday, citing three people familiar with the discussions.
** Shares of Facebook paring gains on Friday after a report that U.S. regulators discussed fining the co for privacy violations
Major stock indexes rose worldwide on Friday and the dollar was on track for its first positive week this year, boosted by optimism that the trade conflict between the United States and China may come to an end.
Aircastle Ltd will try to repossess 10 planes from Avianca Brasil before the Feb. 1 expiration of a 15-day stay on repossessions from the struggling airline, a representative of the U.S.-based aircraft leasing firm said on Friday.
Brazil’s aviation regulator ANAC said on Friday it would no longer ground 10 planes operated by Avianca Brasil, which represented 20 percent of the struggling carrier’s fleet.
The United States is pushing for regular reviews of China’s progress on pledged trade reforms as a condition for a trade deal – and could again resort to tariffs if it deems Beijing has violated the agreement, according to sources briefed on negotiations to end the trade war between the two nations.
Pension Benefit Guaranty Corp (PBGC) is taking steps to assume responsibility for bankrupt retailer Sears Holdings Corp’s two pension plans, covering about 90,000 people, the U.S. government agency said on Friday.
Technology and industrial stocks powered Wall Street’s rise on Friday, setting the three main indexes on track for their fourth week of gains, amid growing optimism that the United States and China would resolve their bitter trade dispute.
Following are five big themes likely to dominate thinking of investors and traders in the coming week and the Reuters stories related to them.
Tiffany & Co tempered its yearly profit forecast on Friday after the luxury jeweler’s holiday sales fell unexpectedly as Chinese tourists spent less globally due to a stronger dollar and demand softened in Europe and at home.
U.S. consumer sentiment tumbled in early January to its lowest level since President Donald Trump was elected more than two years ago amid fears an ongoing partial shutdown of the federal government and financial market volatility would slow the economy.
If you were surprised by this month’s bounce in global stock markets, next week may tell you if you should join in or stay out.
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