Tag: Wall Street

• Monday, August 30th 2021 - 07:23 UTC

  US markets at new highs, following on the Fed's chair announcement

  

  Wall Street climbed on Friday while S&P and Nasdaq reached new historic highs for the fourth time in the week following on statements from Fed chairman Jerome Powell at the Jackson Hole symposium when he anticipated a moderate, non-aggressive calendar reduction in the purchase of bonds.

• Friday, June 25th 2021 - 17:45 UTC

  Argentine shares on Wall Street plummet following MSCI downgrading

  

  Friday dawned in Wall Street with the news that MSCI had decided to demote Argentina's economy two notches, from Emerging to Stand Alone and what Buenos Aires analysts feared by Thursday evening has become true.

• Tuesday, May 4th 2021 - 08:50 UTC

  Uruguay: “Unicorn” dLocal eyes Wall Street and new Ford plant offers around 200 jobs to produce

  

  Uruguay's first “unicorn” (an emerging technology-based company worth over US $ 1 billion) local is reportedly planning to land on Wall Street, according to Bloomberg.

• Wednesday, November 25th 2020 - 09:04 UTC

  Markets reach new records in Wall Street on Covid-19 vaccines optimism

  

  The Dow Jones Industrial Average breached the 30,000-mark for the first time on Tuesday, as optimism that COVID-19 vaccines will open the way to economic recovery next year fueled Wall Street’s rebound from a pandemic-driven crash this year.

• Tuesday, August 11th 2020 - 08:17 UTC

  Chinese and foreign companies will be delisted from Wall Street if they don't comply with US accounting standards

  

  US Treasury Secretary Steven Mnuchin on Monday said companies from China and other countries that do not comply with accounting standards will be delisted from US stock exchanges as of the end of 2021.

• Saturday, July 11th 2020 - 08:26 UTC

  Wall Street stocks jump on Friday after a bull's week, encouraged by reports of a Covid-19 vaccine

  

  Wall Street stocks jumped on Friday with the Nasdaq racing to yet another record as progress on a coronavirus vaccine offset worries about spiking US case levels. The tech-rich Nasdaq Composite Index finished at 10,617.44, up 0.7%, notching its sixth record close in seven sessions.

• Saturday, July 11th 2020 - 08:22 UTC

  Wall Street will be looking into asset manager BlackRock earnings next week

  

  Investors will watch next week's earnings from BlackRock, the world's largest asset manager, for a snapshot of how the industry performed during the second quarter's dramatic rebound in global financial markets.

• Wednesday, April 29th 2020 - 07:33 UTC

  US markets end Tuesday lower on weak consumer data and mixed earnings report

  

  Wall Street stocks finished lower following a choppy session on Tuesday as mixed earnings reports and weak consumer data underscored the economic challenges caused by the coronavirus shutdowns.

• Wednesday, April 22nd 2020 - 07:36 UTC

  Booming sales for hand soaps and detergents boost Proctor & Gamble profits

  

  Procter & Gamble Co beat Wall Street expectations for quarterly profit on Friday as it reported its best U.S. sales growth in decades thanks to consumers stockpiling cleaning essentials in lockdowns against the coronavirus.

• Tuesday, April 7th 2020 - 07:53 UTC

  US markets bullish response to Trump's “Light at the end of the tunnel”

  

  Hopes that the economy-crushing coronavirus pandemic might be easing sent Wall Street climbing sharply on Monday with all three main indices higher at the close of trading.