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Wall Street falls as Fed signals smaller rate cut

2 days ago DieselGasoil Comments Off on Wall Street falls as Fed signals smaller rate cut
NEW YORK (Reuters) – Wall Street’s main indexes fell on Friday following a report that the Federal Reserve plans to cut interest rates by only a quarter-percentage point at the end of the month. Traders walk on the floor of the New York Stock Exchange (NYSE) in New York, U.S., July 16, 2019. REUTERS/Brendan McDermid Read More

Wall St. slightly higher on Microsoft results, rate cut hopes

2 days ago DieselGasoil Comments Off on Wall St. slightly higher on Microsoft results, rate cut hopes
(Reuters) – Wall Street’s main indexes edged higher on Friday after solid results from technology giant Microsoft added to an upbeat mood following hints from a top Federal Reserve official that a U.S. interest rate cut could be imminent. Traders walk on the floor of the New York Stock Exchange (NYSE) in New York, U.S., Read More

Wall St. rises on Microsoft’s beat, rate cut euphoria

2 days ago DieselGasoil Comments Off on Wall St. rises on Microsoft’s beat, rate cut euphoria
(Reuters) – U.S. stock indexes advanced on Friday as solid results from Microsoft lifted technology stocks and added to an upbeat mood following signs from New York Fed President John Williams that the central bank would lower interest rates this month. Traders walk on the floor of the New York Stock Exchange (NYSE) in New Read More

Wall Street rises as Fed’s Williams cements rate-cut expectations

3 days ago DieselGasoil Comments Off on Wall Street rises as Fed’s Williams cements rate-cut expectations
NEW YORK (Reuters) – U.S. stocks moved higher on Thursday after a slow start as comments from New York Fed President John Williams helped cement expectations for an interest rate cut from the U.S. central bank at the end of the month. Traders work on the floor of the New York Stock Exchange in New Read More

Wall Street rises as Fed’s Williams bolsters rate-cut hopes

3 days ago DieselGasoil Comments Off on Wall Street rises as Fed’s Williams bolsters rate-cut hopes
NEW YORK (Reuters) – U.S. stock indexes rose on Thursday after a sluggish start as comments from New York Fed President John Williams further cemented expectations for interest rate cuts from the U.S. central bank. Traders work on the floor of the New York Stock Exchange in New York, United States, July 2, 2015. REUTERS/Brendan Read More

Union Pacific cost cuts sheltered profit amid freight slowdown

3 days ago DieselGasoil Comments Off on Union Pacific cost cuts sheltered profit amid freight slowdown
(Reuters) – Union Pacific Corp (UNP.N) on Thursday reported a quarterly profit that beat Wall Street estimates, as the U.S. railroad operator cut costs and raised rates to overcome disruptions from record floods in the Midwest and ongoing U.S.-China trade tensions. FILE PHOTO: Locomotives at Union Pacific’s Engelwood rail yard wait to return to service Read More

Wall Street falls as Netflix adds to earnings jitters

3 days ago DieselGasoil Comments Off on Wall Street falls as Netflix adds to earnings jitters
(Reuters) – Wall Street’s main indexes were set for their third day of losses on Thursday, as Netflix reported a surprise fall in U.S. subscribers in a downbeat start to results from high-growth companies. Traders work on the floor of the New York Stock Exchange in New York, United States, July 2, 2015. REUTERS/Brendan McDermid Read More

Wall St. dips as trade worries weigh; Netflix tumbles

3 days ago DieselGasoil Comments Off on Wall St. dips as trade worries weigh; Netflix tumbles
(Reuters) – U.S. stock indexes edged lower on Thursday as investors awaited more developments around trade, while Netflix posted a surprise drop in U.S. subscribers, kicking off earnings for the FAANG group of stocks on a sour note. Traders work on the floor of the New York Stock Exchange in New York, United States, July Read More

Trade concerns dent stocks; U.S. Treasury yields fall

4 days ago DieselGasoil Comments Off on Trade concerns dent stocks; U.S. Treasury yields fall
NEW YORK (Reuters) – A gauge of global stocks declined for a second straight session and U.S. Treasury yields fell as trade concerns again began to bubble and U.S. earnings season picked up steam. On Wall Street, CSX Corp was one of the biggest drags on the S&P 500. The railroad tumbled 10.44% after it Read More

Wall St. flat as railroads slide after CSX signals trade impact

4 days ago DieselGasoil Comments Off on Wall St. flat as railroads slide after CSX signals trade impact
(Reuters) – U.S. stocks treaded water on Wednesday as trade-related weakness hurt CSX Corp’s profit, leading to a decline in railroad stocks and offsetting gains in shares of Abbott and Qualcomm. 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 CSX Read More