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Hopes of Fed standing pat on rate hikes drive Wall Street higher

20 hours ago DieselGasoil Comments Off on Hopes of Fed standing pat on rate hikes drive Wall Street higher
(Reuters) – Wall Street’s main indexes climbed on Tuesday, as investors hoped for a more accommodative policy stance at the end of the Federal Reserve’s two-day meeting this week. FILE PHOTO: A trader passes by screens showing Spotify on the floor at the New York Stock Exchange (NYSE) in New York, U.S., March 13, 2019. Read More

Wall Street extends losing streak after weak U.S. jobs data

2 weeks ago DieselGasoil Comments Off on Wall Street extends losing streak after weak U.S. jobs data
(Reuters) – Wall Street’s main indexes fell for a fifth straight session on Friday and posted their biggest weekly declines since the market tumbled at the end of 2018, as a weak U.S. jobs report ignited more concerns about the global economy. But Friday’s declines were only slight. Stocks significantly pared losses late in the Read More

Wall Street rises after Trump stirs China trade hopes again

3 weeks ago DieselGasoil Comments Off on Wall Street rises after Trump stirs China trade hopes again
NEW YORK (Reuters) – Wall Street’s three major indexes ended higher on Monday but well below the session’s highs after President Donald Trump said he would delay a planned hike in tariffs on Chinese imports. Postponement of the tariff deadline was seen as the clearest sign yet the two countries were closing in on an Read More

Trump talk that U.S.-China trade deal near pushes Wall St. higher

3 weeks ago DieselGasoil Comments Off on Trump talk that U.S.-China trade deal near pushes Wall St. higher
NEW YORK (Reuters) – U.S. stocks rose on Monday after President Donald Trump said he would delay a planned hike in tariffs on Chinese imports and that the two countries were “very, very close” to a trade deal. FILE PHOTO: Traders work on the floor of the New York Stock Exchange (NYSE) in New York, Read More

Kraft Heinz' problems shine light on controversial budget tool

4 weeks ago DieselGasoil Comments Off on Kraft Heinz' problems shine light on controversial budget tool
LONDON/BOCA RATON, Fla. (Reuters) – Mounting troubles at Kraft Heinz, revealed late on Thursday with a triple-punch of bad news, call into question its reliance on cost-cutting as a way to generate profit growth. FILE PHOTO: Heinz tomato Ketchup is show on display during a preview of a new Walmart Super Center prior to its Read More

Wall Street climbs as trade hopes power tech shares

4 weeks ago DieselGasoil Comments Off on Wall Street climbs as trade hopes power tech shares
(Reuters) – U.S. stocks rose on Friday, as technology shares were boosted by signs of progress in the ongoing trade talks between the United States and China. Traders work on the floor of the New York Stock Exchange (NYSE) in New York, U.S., February 19, 2019. REUTERS/Brendan McDermid Top trade negotiators from the two countries Read More

Wall St. opens slightly higher, Kraft Heinz weighs on consumer staples

4 weeks ago DieselGasoil Comments Off on Wall St. opens slightly higher, Kraft Heinz weighs on consumer staples
Traders work on the floor of the New York Stock Exchange (NYSE) in New York, U.S., February 19, 2019. REUTERS/Brendan McDermid (Reuters) – U.S. stocks opened slightly higher on Friday on hopes of a trade deal between the United States and China, but a 26 percent plunge in Kraft Heinz Co hit the consumer staples Read More

Wall St. flat as Walmart offsets bank losses; trade talks eyed

4 weeks ago DieselGasoil Comments Off on Wall St. flat as Walmart offsets bank losses; trade talks eyed
(Reuters) – U.S. stocks struggled for direction on Tuesday as gains in Walmart offset losses in financials, with trade talks between the United States and China in focus. Traders work on the floor of the New York Stock Exchange (NYSE) in New York, U.S., February 19, 2019. REUTERS/Brendan McDermid Hopes that the two countries will Read More

Wall St. subdued with U.S.-China trade talks in focus

4 weeks ago DieselGasoil Comments Off on Wall St. subdued with U.S.-China trade talks in focus
(Reuters) – U.S. stocks struggled for direction on Tuesday after rallying strongly last week, as investors focused on the latest round of trade talks between the United States and China. Traders work on the floor of the New York Stock Exchange (NYSE) in New York, U.S., February 19, 2019. REUTERS/Brendan McDermid Hopes that the two Read More

British tourists 'stocking up on euros' as Brexit looms, figures suggest

4 weeks ago DieselGasoil Comments Off on British tourists 'stocking up on euros' as Brexit looms, figures suggest
Britons are stocking up on euros ahead of Brexit, new figures suggest. Post Office Travel Money says there has been “strong demand” among holidaymakers for the currency, with sales in 2019 up 3% so far compared with the same period last year. Its figures also reveal there was a 5% surge in sales during November Read More