Tag: Wall Street

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.
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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.
Wednesday, April 1st 2020 - 07:45 UTC
Wall Street markets tumbled on Tuesday: Dow with its biggest quarterly decline since 1987

Wall Street’s three major indexes tumbled on Tuesday, with the Dow registering its biggest quarterly decline since 1987 and the S&P 500 suffering its deepest quarterly drop since the financial crisis on growing evidence of massive economic damage from the coronavirus pandemic.
Friday, March 13th 2020 - 08:20 UTC
Wall Street financial firms have most of its staff working from home

Working from home went from optional to mandatory across Wall Street this week as financial firms reported their first confirmed cases of coronavirus and the outbreak triggered a state of emergency in New York City.