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India’s monsoon rains below average in past week, raising crop worries

6 days ago DieselGasoil Comments Off on India’s monsoon rains below average in past week, raising crop worries
MUMBAI/NEW DELHI (Reuters) – India’s monsoon rains were 20% below average in the week ending on Wednesday, the weather office said, as summer showers turned patchy over the central, western and southern parts of the country, raising concerns over the progress of crop plantings. FILE PHOTO: A woman takes photographs with her mobile phone against Read More

Wall St. falls as Apple drags, sharp rate cut hopes fade

2 weeks ago DieselGasoil Comments Off on Wall St. falls as Apple drags, sharp rate cut hopes fade
(Reuters) – U.S. stocks fell on Monday, dragged down by losses in Apple and Boeing and as investors cut back bets of an aggressive interest rate cut by the Federal Reserve later this month. Traders work on the floor at the New York Stock Exchange (NYSE) in New York, U.S., July 1, 2019. REUTERS/Brendan McDermid Read More

Wall Street dips as rate cut expectations relax

3 weeks ago DieselGasoil Comments Off on Wall Street dips as rate cut expectations relax
(Reuters) – U.S. stocks dipped on Friday, as the S&P 500 snapped a three-day streak of record closes, following an unexpectedly strong U.S. payrolls report that led investors to reassess how dovish a stance the Federal Reserve may take at its next meeting. Traders work on the floor at the New York Stock Exchange (NYSE) Read More

Wall Street retreats as rate cut expectations ease

3 weeks ago DieselGasoil Comments Off on Wall Street retreats as rate cut expectations ease
(Reuters) – U.S. stocks declined on Friday, as the S&P 500 retreated after closing at a record for three straight sessions, following an unexpectedly strong U.S. payrolls report that caused investors to rethink how dovish a turn the Federal Reserve may take. Traders work on the floor at the New York Stock Exchange (NYSE) in Read More

Major averages close at record highs on dovish Fed hopes

3 weeks ago DieselGasoil Comments Off on Major averages close at record highs on dovish Fed hopes
NEW YORK (Reuters) – U.S. stocks rose on Wednesday, with each of the major indexes closing at a record high, as expectations grew that the Federal Reserve would take a more dovish turn as a raft of data provided more evidence of a slowing economy. Benchmark U.S. 10-year Treasury Note yields US10YT=RR touched its lowest Read More

S&P 500 hits record high on rising rate cut hopes

3 weeks ago DieselGasoil Comments Off on S&P 500 hits record high on rising rate cut hopes
(Reuters) – The S&P 500 index hit a record high on Wednesday, led by defensive sectors, as bets of an interest rate cut rose on fears of a slowing global economy due to simmering trade tensions. FILE PHOTO: Traders work on the floor at the New York Stock Exchange (NYSE) in New York, U.S., July Read More

S&P 500 dips as healthcare declines counter tech gains

4 weeks ago DieselGasoil Comments Off on S&P 500 dips as healthcare declines counter tech gains
NEW YORK (Reuters) – The S&P 500 ended lower on Wednesday as gains in technology stocks were offset by a drop in healthcare shares, and investors parsed mixed messages over prospects for a deal to end a trade war between the United States and China. FILE PHOTO: Traders work on the main trading floor after Read More

Wall Street nears record as mood on trade again turns optimistic

1 month ago DieselGasoil Comments Off on Wall Street nears record as mood on trade again turns optimistic
(Reuters) – Wall Street surged on Tuesday and the S&P 500 approached a record high after Washington rekindled trade talks with Beijing, boosting sentiment along with growing investor confidence that the Fed will cut interest rates this year. FILE PHOTO: Traders work on the floor at the New York Stock Exchange (NYSE) in New York, Read More

Wall St. pushes higher on trade hopes, dovish Fed bets

1 month ago DieselGasoil Comments Off on Wall St. pushes higher on trade hopes, dovish Fed bets
(Reuters) – Wall Street’s main indexes rallied on Tuesday, with the S&P 500 inching close to record levels, as President Donald Trump’s comments on restarting trade talks with China added to optimism of a more accommodative Federal Reserve. FILE PHOTO: Traders work on the floor at the New York Stock Exchange (NYSE) in New York, Read More