X

U.S. Markets News

Market: Stocks stay flat ahead of Fed policy update

US stock market opened mixed today as seen from major index futures ahead of the Federal Reserve's policy update. Traders…

Goldman Sachs fined $110 million in Forex probe

Goldman Sachs Group Inc. (GS) has been fined $110 million over illegal information sharing by its Forex traders regarding client…

Market: Stocks down ahead of Apple results, Fed meeting

US stock market opened lower today as seen from major index futures as investors await the Federal Reserve's policy update…

Airline companies stare at a burning issue as fuel prices skyrocket

The aviation industry invariably falls on the receiving end whenever there is a financial crisis or geopolitical issue. At a…

Market: Strong McDonald’s earnings lift stocks

US stock market opened higher today as seen from major index futures after strong earnings from McDonald's (MCD). Also, the…

Phillips 66 reports first quarter 2018 results

Energy company Phillips 66 (PSX) reported net earnings of $524 million, or $1.07 per share, for the first quarter of…

Market: Stocks fall after slowdown in economic growth

US stock market opened higher today as seen from major index futures, but turned lower following a slowdown in economic…

T-Mobile and Sprint merger may happen next week

T-Mobile US Inc. (TMUS) and Sprint Corp. (S) appear to be making progress in their talks for a merger and…

Nasdaq’s bullish gesture brings cheer to crypto investors

When the concept of digital currency first manifested in the form of Bitcoin nearly a decade ago, what made investors…

Market: Stocks advance after economic data

US stock market opened higher today as seen from major index futures, following the release of certain economic data. Also,…

Social media: EU clamps down, forcing a chain of privacy regulations

Following the Facebook-Cambridge Analytica scandal and the lengthy debate on data privacy and protection, the European Union has decided to…

Market: Stocks to open mixed ahead of earnings from big shots

US futures are pointing to a mixed open today after ending lower on Tuesday, as investors are cautiously looking forward…

Rising prices, mortgage rates put home buyers in a tough spot

The housing sector is witnessing a mixed sentiment amidst persisting volatility in prices and interest rates. Though the positive job…

Chinese cab aggregator Didi Chuxing plans for an IPO

It’s the season of IPOs in China. After it was reported on Monday that Tencent Music is planning an IPO,…

Market: Stocks to open higher ahead of blue-chip earnings

US futures are pointing to a higher open today after ending lower on Monday, ahead of the earnings report from…

April 23: Top 52-week highs and lows of the day

Eleven Biotherapeutics Inc. (EBIO), a biologic oncology company, touched a new yearly high of $2.12 on Monday. According to a…

Market: Stocks to open higher ahead of busy earnings week

US futures are pointing to a higher open today after ending lower on Friday as investors are keeping an eye…

Hasbro’s Jenga tower gets toppled by Toys R Us, shares fall

Hasbro Inc. (HAS) reported a 16% decline in revenues to $716.3 million for the first quarter of 2018, due to…

Alaska Air Group reports 5% hike in revenue

Alaska Air Group (ALK) reported a 5% increase in total operating revenue to $1.8 billion in the first quarter of…

Crude oil slips after Trump blasts OPEC of higher prices

Crude oil tumbled on Friday after President Donald Trump blasted the OPEC on Twitter, accusing the consortium of artificially boosting…

Nothing’s looking ‘fine’ for Wells Fargo

Wells Fargo & Co. (WFC) was handed a fine of $1 billion in a case relating to malpractices in its…