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Futures edge higher after two sessions of declines

3 hours ago DieselGasoil Comments Off on Futures edge higher after two sessions of declines
(Reuters) – U.S. stock index futures edged higher on Tuesday, looking to bounce back from two sessions of declines triggered by pessimism around global growth. Traders work on the floor at the New York Stock Exchange (NYSE) in New York, U.S., March 22, 2019. REUTERS/Brendan McDermid Wall Street’s benchmark S&P 500 index has lost about Read More

Texas refineries cut output as petrochemical spill curbs shipping

20 hours ago DieselGasoil Comments Off on Texas refineries cut output as petrochemical spill curbs shipping
HOUSTON (Reuters) – A petrochemical disaster outside Houston that has disrupted ship traffic for days at a major U.S. oil port led two major refineries on Monday to reduce fuel production, according to people familiar with the matter. Smoke covers the Houston area from a fire burning at the Intercontinental Terminals Company in Deer Park, Read More

Wall Street falls on global economic slowdown fears

24 hours ago DieselGasoil Comments Off on Wall Street falls on global economic slowdown fears
(Reuters) – Wall Street’s main indexes fell on Monday, dragged down by declines in high-growth technology shares, as fears of a global slowdown roiled the market for the second straight session. Traders work on the floor at the New York Stock Exchange (NYSE) in New York, U.S., March 22, 2019. REUTERS/Brendan McDermid On Friday, weak Read More

LVMH briefly sinks almost 9 percent; traders suspect 'fat finger'

1 day ago DieselGasoil Comments Off on LVMH briefly sinks almost 9 percent; traders suspect 'fat finger'
FILE PHOTO: A woman with a Louis Vuitton-branded shopping bag looks towards the entrance of a branch store by LVMH Moet Hennessy Louis Vuitton in Vienna, Austria October 4, 2018. REUTERS/Lisi Niesner/File Photo LONDON (Reuters) – Shares in luxury goods group LVMH briefly fell almost 9 percent at the open on Monday before recovering in Read More

S&P 500 futures flat after report finds no Trump campaign collusion with Russia

2 days ago DieselGasoil Comments Off on S&P 500 futures flat after report finds no Trump campaign collusion with Russia
Traders work on the floor at the New York Stock Exchange (NYSE) in New York, U.S., March 22, 2019. REUTERS/Brendan McDermid (Reuters) – S&P 500 e-mini futures turned flat, after rising slightly, on Sunday after U.S. Attorney General William Barr said Special Counsel Robert Mueller had found no evidence of collusion between President Donald Trump’s Read More

S&P 500 futures rise after report finds no Trump campaign collusion with Russia

2 days ago DieselGasoil Comments Off on S&P 500 futures rise after report finds no Trump campaign collusion with Russia
Traders work on the floor at the New York Stock Exchange (NYSE) in New York, U.S., March 22, 2019. REUTERS/Brendan McDermid (Reuters) – S&P 500 e-mini futures rose 0.19 pct on Sunday after U.S. Attorney General William Barr said Special Counsel Robert Mueller had found no evidence of collusion between President Donald Trump’s 2016 campaign Read More

Citi fires eight Hong Kong traders after review finds misconduct: sources

3 days ago DieselGasoil Comments Off on Citi fires eight Hong Kong traders after review finds misconduct: sources
HONG KONG (Reuters) – Citigroup Inc has fired eight bankers and suspended three others from its equities trading desk in Hong Kong after an internal probe revealed misconduct in their dealings with clients, people with knowledge of the matter said. FILE PHOTO: The Citigroup Inc (Citi) logo is seen at the SIBOS banking and financial Read More

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

4 days 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

4 days 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

Wall Street stumbles as investors spooked by signs of economic slowdown

4 days ago DieselGasoil Comments Off on Wall Street stumbles as investors spooked by signs of economic slowdown
NEW YORK (Reuters) – Wall Street stocks sold off sharply on Friday, with all three major U.S. stock indexes dropping between 1 and 2 percent as weak factory data from the United States and Europe led to an inversion of U.S. Treasury yields, fueling fears of a global economic downturn. Traders work on the floor Read More