ETF tracking SPACs set to fall to a three-month low
FILE PHOTO: The Wall Street sign is pictured at the New York Stock exchange (NYSE) in the Manhattan borough of New York City, New York, U.S., March 9, 2020. REUTERS/Carlo … Read More
Tag: USA
Wood's ARK Innovation ETF continues slide, down nearly 25% from high
FILE PHOTO: Dividers are seen inside a trading post on the trading floor as preparations are made for the return to trading at the New York Stock Exchange (NYSE) in … Read More
S&P 500 rallies, on track for best one-day rise since June
(Reuters) – The S&P 500 surged on Monday and was headed for its biggest one-day gain since June as bond markets calmed after a month-long selloff, while developments on COVID-19 … Read More
U.S. manufacturing sector at three-year high, cost pressures mounting: ISM
WASHINGTON (Reuters) – U.S. manufacturing activity increased to a three-year high in February amid an acceleration in new orders, but factories continued to face higher costs for raw materials and … Read More
Freeport eyes U.S. expansions as Biden's EV plan boosts copper demand
(Reuters) – Freeport-McMoRan Inc is set to approve expansions at several of its U.S. copper mines to capitalize on surging demand for the red metal as President Joe Biden moves … Read More
Wall Street advances as Fed's Powell soothes inflation worries
NEW YORK (Reuters) – Shares on Wall Street rallied on Wednesday, with the Dow hitting a record high, as a selloff in technology-related stocks eased and a rotation into cyclical … Read More
Analysis: U.S. bill rates risk going negative, but stimulus could change the course
(Reuters) – Short-dated U.S. Treasury debt yields risk turning negative as the U.S. government curbs sales of Treasury bills, but analysts are looking at the progress of the stimulus bill … Read More
Major U.S. airlines will voluntarily collect international contract tracing info
Slideshow ( 2 images )WASHINGTON (Reuters) – Major U.S. airlines on Friday said they would adopt a voluntary international contact tracing program, months after the White House under then-President Donald … Read More
Futures muted ahead of retail sales data, Fed minutes
(Reuters) – U.S. stock index futures were subdued on Wednesday as investors stayed away from making big bets ahead of monthly retail sales data and the release of minutes from … Read More
Stimulus hopes drive Dow to closing peak but interest rate worries loom
NEW YORK (Reuters) – The Dow Jones Industrial Average notched a record closing high on Tuesday as cyclical sectors gained on the prospect of more fiscal aid to lift the … Read More
Nasdaq, S&P 500 gain on tech stocks, hopes for more stimulus
NEW YORK (Reuters) – The Nasdaq and S&P 500 eked out modest gains on Thursday with investors betting on more fiscal stimulus, but U.S. President Joe Biden said China was … Read More
Wall St. climbs ahead of Amazon, Alphabet earnings; stimulus in focus
(Reuters) – U.S. stock indexes rose on Tuesday, building on the previous session’s momentum, as investors anticipated strong results from Amazon and Google-parent Alphabet while also looking for signs of … Read More