Markets
In the face of trade tensions, China says it will focus on its own economy
Key Points “As long as we do our own things well, we can ensure the national economy can run smoothly and steadily move forward,” Han Wenxiu, deputy director at the Chinese Communist Party’s central committee office for financial and economic affairs said. The press conference followed the end of a high-level meeting policy called the […]
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Asia-Pacific markets set for lower open as rotation out of tech continues; Japan inflation watched
This photo taken on October 23, 2022 shows people looking at fruit and vegetables outside a supermarket along a covered shopping street in Tokyo. Richard A. Brooks | Afp | Getty Images Asia-Pacific markets are largely set to open lower on Friday as investors on Wall Street continued to rotate out of tech stocks and […]
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Stock futures are little changed as Wall Street looks to shake off Thursday’s market slide
Stock futures were quiet on Thursday evening as Wall Street looked to stabilize after a slide for equities. Futures tied to the Dow Jones Industrial Average inched up 16 points, or less than 0.1%. S&P 500 futures ticked up 0.1%, while Nasdaq 100 futures added 0.3%. The move in futures comes after stocks were down […]
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Stocks making the biggest moves midday: D.R. Horton, Domino’s Pizza, Infosys and more
Check out the companies making headlines in midday trading. D.R. Horton – Shares surged more than 12% after the company’s fiscal third-quarter results topped Wall Street expectations. The homebuilder posted earnings of $4.10 per share on revenue of $9.97 billion. Analysts polled by FactSet were expecting $3.75 per share on revenue of $9.61 billion. The […]
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European Central Bank holds interest rates, says domestic price pressures ‘still high’
The European Central Bank left interest rates unchanged on Thursday, after implementing a cut in June. “Monetary policy is keeping financing conditions restrictive. At the same time, domestic price pressures are still high, services inflation is elevated and headline inflation is likely to remain above the target well into next year,” the ECB’s Governing Council […]
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Watch: ECB President Christine Lagarde speaks after rate decision
[The stream is slated to start at 8:45 a.m. ET. Please refresh the page if you do not see a player above at that time.] European Central Bank President Christine Lagarde is giving a press conference following the bank’s latest monetary policy decision. The central bank left interest rates unchanged on Thursday, after implementing a cut […]
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Stocks making the biggest moves premarket: Domino’s, Warner Bros. Discovery, United Airlines and more
Check out the companies making headlines before the bell. Domino’s Pizza — Shares plunged more than 13% on the company’s mixed second-quarter results. Domino’s posted $4.03 earnings per share, topping an LSEG estimate of $3.68 per share. However, revenue came in line with estimates at $1.1 billion. U.S. comparable store sales also grew slightly less […]
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UK plans law to prevent repeat of Liz Truss ‘mini-budget’ crisis that triggered bond sell-off
U.K. Prime Minister Liz Truss faces increasing pressure to resign. WPA Pool / Pool / Getty Images LONDON — The new U.K. government is on Thursday set to propose legislation to prevent “significant uncosted measures” from being announced without an analysis of their impact on public finances. The Labour government, which took power from the […]
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Can Boeing get back to its glory days?
An American Airlines Boeing 737 MAX 8 flight from Los Angeles approaches for landing at Reagan National Airport shortly after an announcement was made by the FAA that the planes were being grounded by the United States in Washington, U.S. March 13, 2019. Joshua Roberts | Reuters Boeing executives spent years after two fatal 737 Max […]
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Nokia shares slide 8% after posting lowest quarterly net sales figure since 2015
BARCELONA, SPAIN – FEBRUARY 26: A logo sits illuminated at the Nokia booth in the Mobile World Congress 2024 on February 26, 2024 in Barcelona, Spain. (Photo by Xavi Torrent/Getty Images) Xavi Torrent | Getty Images News | Getty Images Shares of Finnish telecom firm Nokia tumbled on Thursday after the company reported a 32% […]
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