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Wall Street Week Ahead: Doubts increase that first quarter will be earnings low point

5 hours ago DieselGasoil Comments Off on Wall Street Week Ahead: Doubts increase that first quarter will be earnings low point
NEW YORK (Reuters) – As Wall Street braces for what may be the first U.S. profit decline since 2016, investors say the first quarter may not mark the low point for 2019 earnings. Traders work on the floor at the New York Stock Exchange (NYSE) in New York, U.S., March 22, 2019. REUTERS/Brendan McDermid In Read More

Yield curve inverts for first time since 2007 on global growth worries

10 hours ago DieselGasoil Comments Off on Yield curve inverts for first time since 2007 on global growth worries
Traders work on the floor at the New York Stock Exchange (NYSE) in New York, U.S., March 22, 2019. REUTERS/Brendan McDermid NEW YORK (Reuters) – U.S. markets received a clear warning of coming recession on Friday when the spread between yields on three-month Treasury bills and 10-year notes fell below zero for the first time Read More

U.S. Treasuries signal trouble, stocks fall after weak data

11 hours ago DieselGasoil Comments Off on U.S. Treasuries signal trouble, stocks fall after weak data
NEW YORK (Reuters) – Stocks around the world fell and U.S. Treasuries yields sent out warning signs of a possible recession on Friday after weaker-than-expected U.S. and European data intensified fears of a global economic slowdown. FILE PHOTO: The German share price index DAX graph is pictured at the stock exchange in Frankfurt, Germany, March Read More

Indian rupee goes from worst to best-performing currency in Asia

19 hours ago DieselGasoil Comments Off on Indian rupee goes from worst to best-performing currency in Asia
It took just five weeks for India’s national currency to flip from worst to best performing currency in Asia. The rupee soared past its emerging market peers, bolstered by a weakened US dollar and a surge in foreign stock inflows. Since the start of February, the rupee has gone from levels above 71 against the Read More

U.S. corporate breakups could be catalyst to change Dow index

1 day ago DieselGasoil Comments Off on U.S. corporate breakups could be catalyst to change Dow index
NEW YORK (Reuters) – Shake-ups come infrequently for the Dow Jones Industrial Average, but some degree of change may be in the works for the stock index as two of its 30 constituents prepare to transform from large conglomerates into smaller companies. FILE PHOTO: A screen displays the trading information for chemical producer DowDuPont Inc. Read More

7 things to know before the bell

2 days ago DieselGasoil Comments Off on 7 things to know before the bell
Click chart for more in-depth data. 1. The race to driverless cars: SoftBank (SFTBF) and Toyota (TM) are forming a joint venture that will use driverless-car technology to offer new services, such as mobile convenience stores and delivery vehicles in which food is prepared en route. SoftBank will own just over half of Monet, the Read More

Global stocks wilt as Fed shift sparks stampede into bonds

2 days ago DieselGasoil Comments Off on Global stocks wilt as Fed shift sparks stampede into bonds
LONDON (Reuters) – European shares wilted and there was a stampede into bonds on Thursday, after the U.S. Federal Reserve’s abandonment of all plans to raise rates this year left traders wondering what might be lurking in the shadows. FILE PHOTO: Signage is seen outside the entrance of the London Stock Exchange in London, Britain. Read More

Asian shares rise on Fed dovishness; growth concerns linger

2 days ago DieselGasoil Comments Off on Asian shares rise on Fed dovishness; growth concerns linger
SHANGHAI (Reuters) – Shares in Asia rose on Thursday after the U.S. Federal Reserve abandoned forecasts for any interest rate hikes this year, FILE PHOTO: Passersby walk past in front of an electronic stock quotation board outside a brokerage in Tokyo, Japan, September 28, 2018. REUTERS/Toru Hanai but concerns over U.S.-China trade talks and slowing Read More

Asian shares up on accommodative Fed; growth concerns linger

2 days ago DieselGasoil Comments Off on Asian shares up on accommodative Fed; growth concerns linger
SHANGHAI (Reuters) – Shares in Asia rose on Thursday after the U.S. Federal Reserve took a more accommodative stance at its policy meeting, but concerns over U.S.-China trade talks and slowing global growth capped broad gains and pulled some markets lower. FILE PHOTO: Passersby walk past in front of an electronic stock quotation board outside Read More

Dovish Fed shift lifts Asian shares, dollar nurses losses

2 days ago DieselGasoil Comments Off on Dovish Fed shift lifts Asian shares, dollar nurses losses
SHANGHAI (Reuters) – Shares in Asia rose on Thursday after the U.S. Federal Reserve took a more accommodative stance at its policy meeting, but concerns over slowing global growth and U.S.-China trade talks are expected to limit gains. FILE PHOTO: Passersby walk past in front of an electronic stock quotation board outside a brokerage in Read More