Page 2751 - Business Finance
Analysis: Fed bond unwind may be even less thrilling for Trump than rate hikes
JACKSON HOLE, Wyo. (Reuters) - U.S. President Trump may be unhappy with the Federal Reserve's interest rate hikes, but it is a different Fed program that may weigh on the fate of his economic policies as the central bank shrinks its crisis-era bond holdings with no clear sign of when it will stop.
S&P 500 bull market now arguably the oldest ever
(Reuters) - The S&P 500's <.SPX> bull market turned 3,453 days old on Wednesday, making it the longest such streak in history, according to some investors' definition.
Wall Street end mixed as S&P marks longest bull run
NEW YORK (Reuters) - U.S. stocks were mixed on Wednesday, with the Nasdaq gaining on the strength of tech stocks while the S&P 500 was little changed as it marked its longest bull-market run.
US Fed warns of 'consequential' risk from escalating trade wars
An escalation of ongoing US trade disputes poses a "consequential downside risk" to the economy, which will make the job of the central bank more challenging, the US Federal Reserve has warned. But with the US economy continuing to grow and the job market strengthening further, many Fed members said they likely will need to raise the benchmark interest rate again "soon," according to the minutes of the Fed policy meeting early this month. The renewed warning about trade yesterday came just as US and Chinese officials began talks in Washington to try to defuse the spiralling disagreement, with a new round of punitive tariffs on USD 16 billion in goods from each country just hours away. The United States has imposed tariffs on hundreds of products, mostly from China, and Fed officials said they are seeing the impact of trade disputes on the ground, as businesses across the country face higher prices for necessary inputs and the uncertainty has caused some to delay investments. All ...
Dollar, bond yields fall as investors weigh Trump woes
NEW YORK (Reuters) - Key U.S. government debt yields slid to six-week lows on a flight to safety and the dollar slid further on Wednesday as investors weighed how a conviction and a guilty plea of former advisers will impact U.S. President Donald Trump.
Investors in Tesla bonds, options show scepticism on buyout
NEW YORK (Reuters) - Investors in the debt and in the equity options of electric carmaker Tesla are betting the take-private deal described by Chief Executive Elon Musk will not materialize.
US stocks closed mixed amid data, earnings
US stocks closed mixed on Wednesday as investors digested a batch of corporate earnings reports and key economic data.
Global Markets: Dollar, bond yields fall as investors weigh Trump woes
NEW YORK (Reuters) - Key U.S. government debt yields slid to six-week lows on a flight to safety bid and the dollar slid further on Wednesday as investors weighed how a conviction and a guilty plea of former advisers will impact U.S. President Donald Trump.
Analysis: Wall Street's sector shakeup will let more tech stocks shine
SAN FRANCISCO (Reuters) - Chipmakers, cloud-computing sellers and even credit card payment companies will have a greater chance to stand out in the information technology sector next month following the largest-ever shakeup of Wall Street's industry classification system.
Fed officials suggest rates likely to rise soon, worry about trade war
WASHINGTON (Reuters) - Federal Reserve officials discussed raising interest rates soon to counter excessive economic strength but also examined how global trade disputes could batter businesses and households, minutes of the U.S. central bank's last policy meeting showed.
Oil jumps 3 percent on big U.S. crude draw, Iran sanctions
NEW YORK (Reuters) - Oil prices rose 3 percent on Wednesday, with Brent crude futures hitting a three-week high, after U.S. government data showed a larger-than-expected draw in crude inventories and as Washington's sanctions on Iran signalled tightening supplies.
Gold steadies after Fed minutes echoes rates could rise soon
NEW YORK/LONDON (Reuters) - Gold prices steadied on Wednesday, as the dollar eased after minutes from the Federal Reserve's August policy meeting reiterated an interest rate hike could come soon, but geopolitical risks are apparent.
S&P flat after Fed minutes as index marks record bull run
NEW YORK (Reuters) - The S&P 500 was little changed on Wednesday after the release of the Federal Open Market Committee's minutes from its last policy meeting as the index marked its longest bull-market run.
Jet's Board to consider Q1 results on Monday
Jet Airways on Wednesday said that its Board will consider the unaudited financial results for the quarter ended June 30, 2018 on August 27.
Isuzu Motors India to raise prices of D-MAX pick-ups
Isuzu Motors India on Wednesday said that it will raise the prices of its range of D-MAX pick-ups from September.
Investors in Tesla bonds show scepticism on buyout
NEW YORK (Reuters) - Investors in the debt of electric carmaker Tesla are betting the take-private deal described by Chief Executive Elon Musk will not materialise.
Colombia to consider aiding struggling coffee farmers
BOGOTA (Reuters) - The Colombian government is examining possible help for coffee farmers hit by low international prices, the agriculture minister said on Wednesday, after repeated requests for aid by the country's coffee growers' federation.
Gold steadies near one-week high ahead of Fed minutes
NEW YORK/LONDON (Reuters) - Gold prices steadied after rising to their highest in a over week on Wednesday, as the dollar eased ahead of minutes from the Federal Reserve's August policy meeting and trade talks between Chinese and U.S. officials.
Comcast gets valid acceptances for less than one percent of Sky shares
(Reuters) - Comcast Corp said it had received valid acceptances for shares representing just 0.21 percent of Sky Plc after its 14.75 pound per share offer to buy 61 percent of the European broadcaster.
Pirelli doesn't see changes in tyre market that could impact its forecasts
MILAN (Reuters) - Tyre-maker Pirelli said on Wednesday it did not see any significant changes in the tyre market that could impact its forecasts for the current year.