NEW YORK (Reuters) – Wall Street gained on Friday with market-leading growth stocks helping the indexes resume their climb as investors shrugged off disappointing economic data.FILE PHOTO: Traders work on the floor of the New York Stock Exchange (NYSE) in
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Wall Street mints record highs, helped by strong earnings; Fed up next
(Reuters) – Wall Street’s main indexes rose on Tuesday to record highs as a strong earnings season continued to lift sentiment for equities, while investors were looking ahead to the outcome of a critical Federal Reserve meeting.FILE PHOTO: Traders work
Draghi says G20 a success, made progress on climate goals
ROME (Reuters) – Leaders of the Group of 20 major economies made important progress towards tackling the growing threat of global warming, Italian Prime Minister Mario Draghi said on Sunday, hailing the two-day summit a success.Italy’s Prime Minister Mario Draghi
Wall St to bounce at open as debt ceiling, inflation worries cool
(Reuters) -U.S. stocks were set to open higher on Thursday after a temporary truce in the debt-ceiling standoff in Congress relieved concerns of a possible government debt default, while a dip in oil prices eased worries of higher inflation.A specialist
Wall Street ends higher on optimism about U.S. debt-ceiling deal
(Reuters) – Wall Street ended higher on Wednesday as investors grew more optimistic that congressional Democrats and Republicans could reach a deal to avert a government debt default.FILE PHOTO: Traders work on the floor of the New York Stock Exchange
General Atlantic-backed HireRight files for U.S. IPO
(Reuters) -HireRight GIS Group Holdings LLC, an employee-screening company backed by private-equity firm General Atlantic, filed paperwork with U.S. regulators for an initial public offering on Wednesday. HireRight generated revenue of $326.5 million in the six months ended June 30
Bruised market eyes Treasury yields to gauge stocks' path
NEW YORK (Reuters) – Investors are focusing on Treasury yields as a key factor in determining how stocks will fare the rest of the year, after a month in which equities notched their steepest losses since the coronavirus pandemic began.FILE
Tech pulls Nasdaq, S&P 500 down as Treasury yields rise
NEW YORK (Reuters) – The S&P 500 and Nasdaq indexes ended lower on Monday with investors pivoting to value as tech shares, hurt by rising Treasury yields, weighed on equities in the quarter’s final week.FILE PHOTO: A Wall St. street
Boston Fed's Rosengren, citing worsening of kidney condition, to retire Sept. 30
WASHINGTON (Reuters) -Boston Federal Reserve President Eric Rosengren announced on Monday that he will retire on Thursday, Sept. 30, citing a long-term health condition.FILE PHOTO: The Federal Reserve Bank of Boston’s President and CEO Eric S. Rosengren speaks during the
Fed's Powell orders sweeping ethics review after officials' trading prompts outcry
WASHINGTON (Reuters) -Federal Reserve Chair Jerome Powell has ordered a sweeping review of the ethics rules governing financial holdings and dealings by senior officials at the U.S. central bank, a Fed spokesperson said on Thursday.FILE PHOTO: Federal Reserve Chair Jerome