Business & Finance News
The S&P 500 marked its longest bull-market run with a dip on Wednesday as President Donald Trump’s political position was threatened by the legal woes of two former advisers and ahead of trade talks and the Federal Reserve’s minutes.
The U.S. economy likely created 43,000 more jobs in the 12 months through March than previously estimated, the Labor Department said on Wednesday.
Target Corp reported quarterly sales and profit that beat estimates as a strong economy lifted customer visits to the most in a decade, sending its shares up more than 5 percent.
U.S. stocks opened lower on Wednesday after President Donald Trump’s political position was threatened by the criminal convictions of two former advisers and on caution ahead of U.S.-China trade talks and the Federal Reserve’s minutes.
Italian state lender Cassa Depositi e Prestiti (CDP) may buy a controlling stake in Autostrade per l’Italia after the collapse last week of a bridge managed by the motorway operator, two sources told Reuters, but the economy ministry denied knowledge of any such proposal.
U.S. stock futures dropped on Wednesday after President Donald Trump’s political position was threatened by the criminal convictions of two former advisers and on caution ahead of U.S.-China trade talks and the Federal Reserve’s minutes.
Stocks faltered and bonds rose on Wednesday as U.S. President Donald Trump’s political position was threatened by the criminal convictions of two former advisers, while the U.S. dollar headed for its sixth straight day of losses.
Some Nike stores were closed in South Africa on Wednesday after public outcry over a racist comment by a man that local media said had links to the sportswear company.
The S&P 500’s bull market turned 3,453 days old on Wednesday, making it the longest such streak in history, according to some investors’ definition.
U.S. stock futures dipped slightly on Wednesday as President Donald Trump’s political position was threatened by the criminal convictions of two former advisers and on caution ahead of U.S.-China trade talks.
Target Corp’s second-quarter sales and profit beat estimates on Wednesday, helped by strong online sales and higher customer visits that grew the most in a decade, sending its shares up 6 percent in premarket trade.
Home improvement chain Lowe’s Cos Inc trimmed its full-year profit and sales forecasts on Wednesday as it began winding down Orchard Supply Hardware stores and planned to cut down its own inventories in the face of weakening U.S. homebuilding.
Target Corp’s second quarter sales and profit beat estimates on Wednesday, sending its shares up 4 percent in premarket trade, helped by strong online sales and higher customer visits that grew the most in a decade.
Stocks faltered and bonds rose on Wednesday as U.S. President Donald Trump’s political position was threatened by the criminal convictions of two former advisers, while the U.S. dollar reversed course and headed for its sixth straight day of losses.
Industrial gases giants Linde and Praxair are in talks to try to salvage their $83 billion merger after U.S. competition regulators demanded they sell assets that generate more than $4.3 billion in sales.
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