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Tag Archives: Wall Street

Deere trims earnings forecast on trade war woes

16 August 2019, 3:01 PM

Deere & Co.’s third-quarter earnings on Friday missed Wall Street estimates, hurt by the US-China trade war that has dented the demand for its farm machines…

A U.S. dollar banknote featuring American founding father Benjamin Franklin and a China's yuan banknote featuring late Chinese chairman Mao Zedong are seen among U.S. and Chinese flags in this illustration.

US designates China a currency manipulator, escalating trade war

6 August 2019, 5:53 AM

The designation by the US Treasury Secretary starts a formal process of bilateral negotiations between the world’s two largest economies, and fulfils a promise made by US President Donald Trump.

The Netflix logo is seen on their office in Hollywood, Los Angeles.

Netflix sinks on subscriber losses, analysts still see growth

19 July 2019, 8:36 AM

Netflix shares fell about 11% on worries about its earnings report on Wednesday that showed lower-than-expected global growth.

Asia shares slip, dollar gains as sterling slides

17 July 2019, 9:43 AM

Asian shares drifted lower on Wednesday after a lacklustre performance by Wall Street, while the dollar got a lift from robust US retail data and a Brexit-driven dive in the pound.

A street sign for Wall Street hangs in front of the New York Stock Exchange.

All eyes on Fed as stock market pines for rate cut

15 June 2019, 8:57 AM

The benchmark S&P 500 has rallied more than 5% this month as softening economic data coupled with comments by Fed officials heightened expectations the Fed will cut rates by the end of the year.

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