Friday, May 3, 2024
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Shares struggle for footing after virus-battered week

Shares struggle for footing after virus-battered week

Europe opened 0.3% higher following a bounce in Tokyo, but did little to repair what has been the most turbulent and costly week for many markets since August.
Global stocks tumble over China epidemic worries

Stocks down, safe havens up on China virus worries

The MSCI world equity index .MIWD00000PUS, which tracks shares in 49 countries, fell 0.5% as European shares followed Asian indexes into the red, stoking demand for the perceived security...
Stock futures tumble on fears of financial hit from China virus

Stock futures tumble on fears of financial hit from China virus

U.S. stock index futures fell sharply on growing concerns about the financial fallout of a fast-spreading coronavirus outbreak in China as the country extended the Lunar New Year holidays...
Global stocks keep bleeding on China virus fears

Global stocks keep bleeding on China virus fears

Global stocks keep nursing losses, as widening concerns over a China virus continue to dent risk appetite. As such, after a decent decline in Asia, European shares...
Europe closes higher as China’s GDP grows as expected

Europe closes higher as China’s GDP grows as expected; Stoxx 600 hit records high

European stocks closed higher on Friday after data showed China’s economy grew in line with expectations in 2019, lifting global markets. The pan-European Stoxx 600 closed...
ConocoPhillips targets $50 bln of free cash flow over next decade

ConocoPhillips targets $50 bln of free cash flow over next decade

ConocoPhillips unveiled its 10-year plan on Tuesday and said it would target free cash flow of about $50 billion with annual capital expenditures averaging less than $7 billion over...
Shares inch towards record high as China trims key rate

Shares inch towards record high as China trims key rate

World shares were within touching distance of a record high on Monday, after Beijing surprised markets by trimming a key interest rate for the first time since 2015.
Shares shuffle higher, dollar lays low ahead of U.S. jobs data

Shares shuffle higher, dollar lays low ahead of U.S. jobs data

World shares were eyeing two-year highs and a fourth straight week of gains on Friday as the third U.S. interest rate cut of the year and a surprise...
Stocks’ Return to Records Led by the Usual Suspects: Large Tech

Stocks’ Return to Records Led by the Usual Suspects: Large Tech

Stocks rose broadly Monday, but it is a handful of big technology shares that have led the S&P 500 to its latest record. Apple Inc., whose shares have...
Wall St Week Ahead-Tech haves and have-nots face third-quarter tests

Wall St Week Ahead-Tech haves and have-nots face third-quarter tests

Technology companies, which make up the largest swath of the U.S. stock market, are expected to post a nearly 8% drop in third-quarter profits as reports roll in next...