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

2 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

2 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

Wall Street falls as Netflix adds to earnings jitters

2 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

2 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

World stocks rise as bond yields buoy financials; oil drops

1 week ago DieselGasoil Comments Off on World stocks rise as bond yields buoy financials; oil drops
NEW YORK (Reuters) – A broad index of stocks around the world rose on Thursday as financial shares helped Wall Street’s benchmark index advance, while oil prices fell on a forecast for weaker demand. FILE PHOTO: Traders work on the floor at the New York Stock Exchange (NYSE) in New York, U.S., July 1, 2019. Read More

S&P 500 near flat as healthcare in spotlight

1 week ago DieselGasoil Comments Off on S&P 500 near flat as healthcare in spotlight
NEW YORK (Reuters) – The S&P 500 was little changed in afternoon trading on Thursday, with healthcare stocks mixed after the Trump administration withdrew a rule that would kill rebates. 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 pharmacy benefit Read More

Dow tops 27,000, healthcare in spotlight after Trump’s decision on rebate

1 week ago DieselGasoil Comments Off on Dow tops 27,000, healthcare in spotlight after Trump’s decision on rebate
(Reuters) – U.S. stocks edged higher on Thursday on improved bets of an interest rate cut following Fed chief Jerome Powell’s dovish remarks, while healthcare stocks were mixed after the Trump administration withdrew a rule that would kill rebates. Traders work on the floor at the New York Stock Exchange (NYSE) in New York, U.S., Read More

Dow tops 27,000 as Trump’s decision on rebate boosts healthcare

1 week ago DieselGasoil Comments Off on Dow tops 27,000 as Trump’s decision on rebate boosts healthcare
(Reuters) – The Dow Industrials crossed 27,000 points for the first time and the S&P 500 was near record highs on Thursday, lifted by technology and healthcare stocks and raised bets of an interest rate cut following Fed chief Jerome Powell’s dovish remarks. Traders work on the floor at the New York Stock Exchange (NYSE) Read More

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

2 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

Resurgent health insurer stocks face test at Democratic debates

3 weeks ago DieselGasoil Comments Off on Resurgent health insurer stocks face test at Democratic debates
NEW YORK (Reuters) – Shares of U.S. health insurers that have rebounded in the past two months could come under pressure this week as Democrats square off in their first presidential debates, with healthcare policy reform potentially high on the agenda. Traders work on the floor at the New York Stock Exchange (NYSE) in New Read More