Palo Alto wins by inclusion in S&P 500 index Apple climbs ahead at developer conference Indices: Dow down 0.25%, S&P up 0.22%, Nasdaq up 0.46% June 5 (Reuters) – The S&P 500 and the Nasdaq rose on Monday as Apple hit an all-time high and investors weighed the chances of the Federal Reserve pausing rate … Read more
Asian Stock Markets: Nikkei Rises 1.6% to Break Key Level; dollars raised Oil prices cut profits after Saudi Arabia’s major cuts in production Markets bet Fed pauses in June, sees risk of July hike SYDNEY, June 5 (Reuters) – Most Asian stock markets extended a global rally on Monday amid optimism the Federal Reserve would … Read more
SINGAPORE, June 3 (Reuters) – Indonesia’s defense minister on Saturday presented a peace plan for the war in Ukraine, calling for a demilitarized zone and a United Nations referendum in what he called disputed territory. Prabowo Subianto called on defense and military officials from around the world gathered at the Shangri-La Dialogue defense meeting in … Read more
NEW YORK, June 2 (Reuters) – As the US stock market continues its climb, investors who own shares of the huge technology and growth companies leading the way are debating whether to cash out or stay for the ride. A record $8.5 billion flowed into tech stocks last week, data from BofA Global Research showed, … Read more
(1/8) Singapore’s Defense Minister Dr. Ng Eng Hen meets with US Secretary of Defense Lloyd Austin on the sidelines of the 20th Shangri-La Dialogue in Singapore on June 2, 2023. Ministry of Defense of Singapore/Handout via REUTERS SINGAPORE, June 2 (Reuters) – Asia’s most important security meeting got underway on Friday, with growing competition between … Read more
(1/2) Kindergarten children take a nap at the Hinagiku nursery in Moriyama, western Japan, May 27, 2008. REUTERS/Yuriko Nakao/File Photo TOKYO, June 2 (Reuters) – Japan’s birth rate fell to a record low for a seventh consecutive year in 2022, the health ministry said on Friday. The fertility rate, or the average number of children … Read more
Weekly jobless claims increase by 2,000 to 232,000 Continuing claims up 6,000 to 1,795 million Private payrolls up 278,000 in May WASHINGTON, June 1 (Reuters) – The number of Americans filing new claims for unemployment benefits rose slightly last week, pointing to continued tightness in the labor market that could prompt the Federal Reserve to … Read more
May 31 (Reuters) – Lucid Group (LCID.O) said it plans to raise about $3 billion through an equity offering, nearly two-thirds of which will come from Saudi Arabia’s Public Investment Fund (PIF). vehicle manufacturer down 9% after market hours. PIF, which owns more than 60% of the company, has agreed to buy 265.7 million shares … Read more
BEIJING, June 1 (Reuters) – China’s factory activity unexpectedly turned from growth to growth in May, a private sector survey found on Thursday, driven by improved production and demand, helping struggling companies hit by declining profits. The Caixin/S&P Global manufacturing procurement managers’ index (PMI) rose from 49.5 in April to 50.9 in May, above the … Read more
BENGALURU, May 31 (Reuters) – US home prices will fall less this year than previously expected before stagnating in 2024, despite widespread expectations that interest rates will stay high longer, according to real estate analysts polled by Reuters. Even as the US Federal Reserve has embarked on its most aggressive tightening cycle in four decades, … Read more
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