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(Bloomberg) — US stocks are set to scale yet another all-time high Tuesday as investors await Federal Reserve Chair Jerome Powell’s testimony to Congress for clues on the US interest-rate outlook. Most Read from Bloomberg Futures on the S&P 500 gained after the benchmark set its 35th record for the year, with the second-quarter reporting […]
(Bloomberg) — US equity futures rallied following upbeat earnings from Nvidia Corp. released after the New York close, which reinforced optimism for the global artificial intelligence boom. Most Read from Bloomberg Nvidia said second-quarter revenue will be about $28 billion, beating analysts’ estimates. The company also announced a 10-for-1 stock split and boosted its quarterly […]
By Emily Chow SINGAPORE (Reuters) -Oil prices rose on Thursday as falling U.S. crude inventories amid rising refinery intake and a year-on-year increase in Chinese imports last month supported higher demand expectations for the world’s two largest crude consuming nations. Brent crude futures for July rose 27 cents, or 0.3%, to $83.85 a barrel by […]
(Bloomberg) — Treasuries edged higher in Asian trading Friday while gold climbed to a fresh record after the latest US inflation reading rose at a slightly slower-than-expected pace. Most Read from Bloomberg Markets are digesting a raft of news from US inflation data to potential for wider conflict in the Middle East, with earnings season […]
Shadi Saifan, vice president of engineering at NCR Voyix, told PYMNTS in an interview that bridging the gap between the promise of open banking and making that promise a reality is easier said than done, especially in the United States. He noted that in Europe, regulators and governments have played the prime role . . .
(Bloomberg) — Shares in Asia rose following gains on Wall Street, with focus shifting to key US consumer price data due later Friday. Most Read from Bloomberg Benchmarks in Japan, South Korea and mainland China showed modest increases, after US stocks wrapped up the first quarter on a positive note. Investors are bracing for a […]
(Bloomberg) — Chinese shares rose after policymakers took more steps to revive investor confidence, defying broader weakness in Asia following a tech-led retreat on Wall Street. Most Read from Bloomberg A gauge of Hong Kong-listed Chinese firms jumped as much as 4% before paring gains, while the CSI 300 Index of mainland shares rose 1.4%. […]
(Bloomberg) — European equity futures edged up after the S&P 500 closed at a new record high Friday amid optimism over eventual Federal Reserve interest-rate cuts. Trading levels in Asia were muted with a swath of markets shut for Lunar New Year holidays. Most Read from Bloomberg Contracts for the Euro Stoxx 50 index show […]
If there’s one place US President Joe Biden can count on for support from Black voters, it is Toliver’s Mane Event barbershop in the South Carolina state capital Columbia. A framed photo on the wall pictures the moment a smiling Biden visited the shop before his turnaround Democratic primary win in 2020. “We think that […]
(Bloomberg) — Stocks in Asia gained on optimism over China’s latest measures to bolster its equity market. Energy shares were boosted by higher oil prices. Most Read from Bloomberg China’s securities regulator said on the weekend it will halt the lending of certain shares for short selling from Monday. The new initiative adds to measures […]