newszine

S&P ends near flat as Citigroup results sink banks; Nasdaq hits new high

1 hour ago DieselGasoil Comments Off on S&P ends near flat as Citigroup results sink banks; Nasdaq hits new high
NEW YORK (Reuters) – The benchmark S&P 500 index ended little changed on Monday after oscillating between positive and negative territory throughout the session after Citigroup Inc (C.N) kicked off the earnings season with a mixed quarterly report. Traders work on the floor at the New York Stock Exchange (NYSE) in New York, U.S., July Read More

S&P trades near flat as Citigroup results weigh on bank stocks

2 hours ago DieselGasoil Comments Off on S&P trades near flat as Citigroup results weigh on bank stocks
NEW YORK (Reuters) – The benchmark S&P 500 index struggled for direction in choppy trade on Monday as earnings season began in earnest with a mixed quarterly report from Citigroup Inc (C.N). Traders work on the floor at the New York Stock Exchange (NYSE) in New York, U.S., July 1, 2019. REUTERS/Brendan McDermid The bank Read More

China data supports stocks as U.S. earnings season begins

3 hours ago DieselGasoil Comments Off on China data supports stocks as U.S. earnings season begins
NEW YORK (Reuters) – A gauge of global stocks edged higher on Monday after economic data from China came in as expected, although stocks on Wall Street slipped as financials showed some weakness in the wake of Citigroup’s earnings report. Traders work on the floor of the New York Stock Exchange shortly after the opening Read More

Chinese data supports stocks as U.S. earnings season picks up

6 hours ago DieselGasoil Comments Off on Chinese data supports stocks as U.S. earnings season picks up
NEW YORK (Reuters) – A gauge of global stocks advanced on Monday as economic data from China came in as expected, although stocks on Wall Street were little changed as financials showed some weakness in the wake of Citigroup’s earnings report. Traders work on the floor of the New York Stock Exchange shortly after the Read More

Wall Street flat as Citi results weigh on bank shares

7 hours ago DieselGasoil Comments Off on Wall Street flat as Citi results weigh on bank shares
(Reuters) – Wall Street’s three main indexes eased from their record highs on Monday as bank stocks turned lower after the third largest U.S. lender, Citigroup, reported a squeeze in interest margins. Traders work on the floor at the New York Stock Exchange (NYSE) in New York, U.S., July 1, 2019. REUTERS/Brendan McDermid Shares of Read More

Citigroup profit beats estimates on gains in consumer lending

7 hours ago DieselGasoil Comments Off on Citigroup profit beats estimates on gains in consumer lending
(Reuters) – Citigroup Inc (C.N) beat analysts’ estimates for quarterly profit on Monday, as a tight lid on costs and strength in consumer lending helped the third-largest U.S. bank counter weakness in its trading business. A view of the exterior of the Citibank corporate headquarters in New York, New York, U.S. May 20, 2015. REUTERS/Mike Read More

Goldman banker highlights Morgan Stanley’s Hong Kong IPO woes

7 hours ago DieselGasoil Comments Off on Goldman banker highlights Morgan Stanley’s Hong Kong IPO woes
HONG KONG (Reuters) – A senior Goldman Sachs (GS.N) banker has highlighted to colleagues the role played by rival Morgan Stanley (MS.N) in failed Hong Kong IPOs following the collapse on Friday of Budweiser APAC’s $9.8 billion initial public offering, according to an internal email seen by Reuters. FILE PHOTO: A sign is displayed on Read More

Wall Street set open higher as banks rise after Citi results

9 hours ago DieselGasoil Comments Off on Wall Street set open higher as banks rise after Citi results
(Reuters) – Wall Street was set to extend last week’s gains at the open on Monday as second-quarter corporate earnings got off to an upbeat start with results from the third largest U.S lender, Citigroup, beating expectations. Traders work on the floor at the New York Stock Exchange (NYSE) in New York, U.S., July 1, Read More

Climate activists disrupt British cities with ‘summer uprising’

12 hours ago DieselGasoil Comments Off on Climate activists disrupt British cities with ‘summer uprising’
LONDON (Reuters) – Environmental activists sought to sow chaos in five British cities on Monday in a bid to force the government to act to help avert what they cast as a climate cataclysm. Extinction Rebellion climate activists raise a mast on their boat during a protest outside the Royal Courts of Justice in London, Read More

Wall Street rises on rate cut optimism; S&P 500, Dow hit new highs

3 days ago DieselGasoil Comments Off on Wall Street rises on rate cut optimism; S&P 500, Dow hit new highs
(Reuters) – The S&P 500 and the Dow Jones Industrial Average hit fresh record highs on Friday, as the indexes continued a strong run for the week on hopes of an interest rate cut this month, while investors waited for the start of the corporate earnings season. Numbers showing the rise of the Dow Jones Read More