Tag: stocks

October 19, 2018

Tesla shares slipped Friday morning, down 0.94%, after CEO Elon Musk revealed a lower-cost Model 3 sedan was ready for order on the company’s website. They had gained as much as 2.2% in early action. “Just released lower cost, mid-range […]

October 18, 2018

Bank of America Merrill Lynch downgraded homebuilder stocks Toll Brothers, PulteGroup and NVR and lowered its homebuilding estimates for 2018 and 2019. “This morning BofA Merrill Lynch’s US economics team lowered its 2018-2019 housing starts and new home sales forecasts […]

October 17, 2018

By 2030, emerging markets will account for 62% of total growth in global consumption, the equivalent of $15.5 trillion in spending. But some countries are developing more quickly than others. Anu Madgavkar, a partner at McKinsey Global Institute, the business […]

October 15, 2018

U.S. stocks are mixed Monday as technology companies continue to slump and the Commerce Department said retail sales remained sluggish in September. The S&P 500 and other major U.S. indexes are coming off their worst week since late March as […]

October 11, 2018

European markets were sharply lower Thursday morning, following steep losses in the U.S. overnight amid fears over rapidly rising interest rates and an expected slowdown in global growth. The pan-European Stoxx 600 was down by 1.8 percent during mid-morning deals, […]

October 10, 2018

Global shares were mixed in muted trading Wednesday amid continuing worries about trade tensions and slowing global economic growth. KEEPING SCORE: France’s CAC 40 shed 0.5 percent in early trading to 5,292.91, while Germany’s DAX fell nearly 0.3 percent at […]

October 8, 2018

U.S. stock indexes were lower on Monday, pressured by a drop in technology and energy companies and muted appetite for equities after last week’s spike in Treasury yields following healthy economic data. Six of the 11 major S&P sectors were […]

October 5, 2018

President Donald Trump’s corporate tax cut and his business deregulation efforts are not just an economic “sugar high,” former Federal Reserve governor Kevin Warsh argued on CNBC Thursday. Most economists “never thought the economy could grow this fast,” said Warsh, […]

October 4, 2018

European shares followed Asian markets lower Thursday after yields on U.S. Treasury bonds surged to multi-year highs as U.S. central bank officials expressed confidence in the staying power of the current expansion. KEEPING SCORE: The DAX in Germany lost 0.3 […]

October 3, 2018

Auto stocks have hit the skids. Over the past three months, trade worries and weak sales drove General Motors, Ford, Fiat Chrysler and Toyota to their lowest level of the year. Disappointing declines in monthly car sales for GM and […]