Tag: Stocks

• Friday, June 25th 2021 - 16:09 UTC

  Argentina downgraded to “independent market” in MSCI ratings

  

  MSCI, formerly Morgan Stanley Capital International, a US company that measures stock performances worldwide to advise potential investors on their decisions, has removed Argentina from their various listings and added it to the dishonourable category of “stand-alone” economies.

• Thursday, August 20th 2020 - 08:38 UTC

  In two years Apple doubled its value to US$ 2 trillion, becoming world's most costly listed company

  

  Just two years after Apple became the first publicly listed US company with a US$1 trillion stock market value, the iPhone maker has now topped US$2 trillion. The Cupertino, California-based company's shares briefly rose to as high as US$468.65 on Wednesday, equivalent to a market capitalization of US$2.004 trillion.

• Tuesday, May 19th 2020 - 08:47 UTC

  Latin American stocks and currencies rise on hopes of global economic recovery

  

  Latin American stocks and currencies roared higher on Monday, with Brazil shares rising 3.5% as commodity prices surged on hopes of economic recovery as countries eased pandemic-induced lockdowns.

• Friday, January 17th 2020 - 10:29 UTC

  Wall Street stocks at fresh records after approval of North American trade pact

  

  Wall Street stocks surged to fresh records on Thursday after the US Senate approved a new North American trade pact, adding to the momentum from the US-China trade deal. All three major indices finished at all-time highs, with the Dow Jones Industrial Average up 267.42 points (0.92%) at 29,297.64.

• Tuesday, December 24th 2019 - 08:53 UTC

  Wall Street stocks Xmas records: Dow Jones Industrial Average reached 28,551.53

  

  Wall Street stocks finished at records again on Monday, with an executive shakeup at Boeing lifting the Dow, as a holiday-shortened week opened with a flourish. The Dow Jones Industrial Average climbed 96.44 points (0.34 percent) to finish the last full session before Christmas at 28,551.53.

• Friday, July 5th 2019 - 08:42 UTC

  Brazilian stocks at new records as pension reform clears key congressional hurdle

  

  Brazilian markets rallied on Thursday and stocks hit the highest level on record, as the government’s cornerstone pension reform bill cleared a key congressional hurdle. The special pension reform committee in Congress passed the basic text by a vote of 36 to 13, and the reform bill could now be only two weeks from achieving full lower house approval.

• Tuesday, March 19th 2019 - 08:43 UTC

  Brazilian stocks topped 100.000 points for the first time on the Bolsonaro syndrome

  

  Brazilian stocks topped 100,000 points for the first time Monday, on hopes for progress in President Jair Bolsonaro's promised pro-market reforms. The Ibovespa, the country's main index in Sao Paulo, hit an intra-day record of 100,037.69 before closing at its highest level ever of 99,993.93, up 0.86% from the previous trading session.

• Saturday, January 5th 2019 - 08:40 UTC

  Fed brings relief to markets saying it would be “patient” about rate hikes

  

  Federal Reserve Chair Jerome “Jay” Powell took steps to reassure financial markets on Friday, saying that the US central bank would be “patient” about rate rises. He also defended his independence, saying he would not resign if requested by US President Donald Trump.

• Tuesday, June 26th 2018 - 08:22 UTC

  Latam stocks and currencies hit by global trade disputes

  

  Latin American stocks and currencies mostly fell on Monday as the trade dispute between the United States and other leading economies worsened, but central bank intervention kept the Brazilian real steady.