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Tag Archives: Wall Street

Wall Street slips from record levels as traders book profits

30 December 2019, 8:12 PM

Wall Street slipped on Monday as investors booked profits on the penultimate day of the decade after optimism over improving US-China trade relations fueled a stock market rally this month.

Recession, robots and rockets: another roaring 20s for world markets?

27 December 2019, 12:37 PM

Helicopter cash, climate crises, smart cities and the space economy — investors have all those possibilities ahead as they enter the third decade of the 21st century.

Bruised US banks expected to report third quarter earnings decline

13 October 2019, 11:47 AM

The biggest US banks are expected to kick off the earnings season on a sour note next week due to falling interest rates, which may have pressured net interest margins enough to cause the sector’s first year-over-year earnings per share decline in three years.

Passersby are reflected on a stock quotation board outside a brokerage in Tokyo, Japan.

Oil surges, stock futures slip after attack on Saudi facility

16 September 2019, 6:13 AM

US crude futures were last up 11% at $61.10 a barrel, coming off highs on expectations other global oil suppliers would step in to lift output. Brent crude soared 13% at $68.06 after earlier rising to $71.95.

HP CEO steps down, flags quarterly profit below Wall Street view

23 August 2019, 7:36 AM

HP Inc said on Thursday Chief Executive Officer (CEO), Dion Weisler, is stepping down after nearly four years in the role and forecast fourth quarter profit below Wall Street estimates, sending its shares down 6% in late trade.

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