S&P 500, Dow ease after recent gains; Nasdaq ends at record
The S&P 500 and Dow fell on Tuesday after recent strong gains, while the Nasdaq ended at an all-time high for a second straight day...
Oil rises as production curbs face renewed demand fears
Oil prices rose on Tuesday, as optimism about recent commitments from major oil producers to curb production offset concerns about a resurgence in coronavirus cases....
Investors brace for market swings as Trump slips in election polls
The U.S. presidential election is re-emerging as a potential risk to markets after a shift in polls that has seen President Donald Trump lose ground...
Stocks mixed as investors step back from highs
A recent run of optimism in markets hit the brakes on Tuesday, as investors pulled back from major stock indices and turned their attention to...
Morgan Stanley’s Gorman says worst behind, sees smaller reserve build in second quarter
Morgan Stanley Chief Executive Officer vf DEsaid on Tuesday the bank expects to set aside a smaller amount of money for potential loan losses in...
S&P 500, Dow retreat after rally; Nasdaq gains further
Wall Street’s S&P 500 and Dow Jones indexes fell on Tuesday, while the tech-heavy Nasdaq hit a record high for the third straight session, as...
Explainer: What to look for in the Fed’s U.S. economic outlook
U.S. Federal Reserve policymakers on Wednesday will publish their first economic projections since the coronavirus pandemic set off a recession in February, estimates expected to...
U.S. layoffs ease in April; hiring slumps to record low
Layoffs in the United States fell in April, but remained the second highest on record, while hiring hit an all-time low, suggesting the labor market...
Volkswagen CEO apologises after row with supervisory board
Volkswagen CEO Herbert Diess has apologised to the carmaker’s supervisory board after accusing some of its members of leaking confidential information to the press....
FCC proposes record $225 million fine for massive robocall campaign
The Federal Communications Commission (FCC) on Tuesday voted unanimously to propose a record-setting $225 million fine against Texas-based health insurance telemarketers for allegedly making approximately...