Tag: market

August 19, 2019

U.S. stock futures pointed to a higher start on Monday, lifted by moves by encouraging comments from President Donald Trump and other officials on trade talks, along with a move by China over the weekend to lower borrowing costs for […]

August 7, 2019

President Donald Trump’s trade war has increasingly revolved around the role of global currencies. It’s a shift he’s ushered along by crying foul on alleged currency manipulation. And there have even been reports that he’s considered doing it with the […]

August 6, 2019

Allergan – Allergan beat estimates by 3 cents a share, with adjusted quarterly profit of $4.38 per share. The drugmaker’s revenue beat forecasts as well, driven by strong sales of products like Botox and Juvéderm. Allergan also raised its full-year […]

August 6, 2019

Agriculture has been a weapon of choice in the escalating trade war between the world’s two largest economies. With China officially pulling out of buying U.S. agricultural products, American farmers are losing one of their biggest customers. It could be […]

August 5, 2019

Asian stocks were hit hard as the dollar USDCNY, +1.4106% rose about the key 7 level vs. the Chinese yuan, and as protests continued in Hong Kong. “Today’s decision by China’s central bank to allow the yuan to breach the […]

August 5, 2019

Gold’s haven appeal boosted the metal Monday as an escalating U.S.-China trade fight sparked a selloff in assets perceived as risky. Gold on Friday notched its highest finish in more than six years, a day after President Donald Trump intensified […]

August 1, 2019

The IHS Markit Manufacturing Purchasing Managers’ Index fell to 50.4 in July, down from 50.6 in June, driven by a weaker demand. The firm also noted managers’ signaled slower hiring. A gauge of employment within the report fell to the […]

August 1, 2019

Stocks marched higher in late morning trading on Wall Street Thursday as investors focused on several solid earnings reports after a late bout of selling the day before. Investors are nearing the end of a busy week that included Wednesday’s […]

June 28, 2019

Traders sent stocks higher on Friday on renewed hopes of de-escalation in the US-China trade war. President Donald Trump and Chinese counterpart Xi Jinping are set to meet on Saturday in a high-stakes encounter that could determine whether the US […]

June 18, 2019

The Federal Reserve is expected to leave borrowing costs unchanged Wednesday at the end of a two-day policy meeting, even as President Donald Trump continues to call on officials to lower them. The president has renewed pressure on the Fed […]