Tag: STX

  • Wall Street rallies on higher close boosted by banks and big tech

    NEW YORK, May 23 (Reuters) – U.S. stocks ended higher on Monday as bank gains and a rebound by megacap market leaders supported a broad-based rally after Wall Street’s longest streak of weekly declines since the dotcom collapse more than 20 years ago. All three major U.S. equity indices posted solid gains, with the biggest […]

  • Wall St week ahead

    Traders work on the floor of the New York Stock Exchange (NYSE) in New York, U.S., March 21, 2022. REUTERS/Brendan McDermid Join now for FREE unlimited access to Reuters.com Register NEW YORK, May 20 (Reuters) – The Federal Reserve’s determination to raise interest rates to crush the highest inflation in decades is clouding the outlook […]

  • Wall Street ends mixed after a trying week

    Ross Stores plunges after slashing 2022 guidance S&P 500 +0.01%, Nasdaq -0.30%, Dow Jones +0.03% May 20 (Reuters) – Wall Street ended on a mixed note on Friday after a volatile session that saw Tesla tumble and other growth stocks also lost ground. The S&P 500 and Nasdaq recorded their seventh consecutive week of losses, […]

  • Asian stocks rebound as China poised to boost housing

    FILE PHOTO – An investor stands in front of an electronic board displaying stock information at a brokerage in Shanghai, China August 24, 2015. REUTERS/Aly Song Join now for FREE unlimited access to Reuters.com Register MSCI Asia excluding Japan +1.8%, Nikkei +1.3% European stocks should follow Asia’s lead Stocks rally after China cut prime lending […]

  • Musk says ‘Tesla is on my mind 24/7’ amid concerns over Twitter distraction

    SAN FRANCISCO, May 19 (Reuters) – Tesla (TSLA.O) CEO Elon Musk said on Thursday that “Tesla is on my mind 24/7” trying to assuage public concerns. investors about being distracted by a Twitter (TWTR.N) deal that depressed stocks of the electric car company. Posting a photo showing a woman (Tesla) upset by her boyfriend (Elon) […]

  • Stocks fall as fears for global growth rise

    FILE PHOTO – An investor sits in front of a board displaying stock information at a brokerage office in Beijing, China December 7, 2018. REUTERS/Thomas Peter Join now for FREE unlimited access to Reuters.com Register BEIJING/HONG KONG, May 19 (Reuters) – Asian stocks fell on Thursday, following a sharp sell-off on Wall Street, as investors […]

  • Tesla’s Musk Says He ‘Can’t Support’ Democrats Anymore, ‘Will Vote Republican’

    Elon Musk attends the opening ceremony of the new Tesla Gigafactory for electric cars in Gruenheide, Germany, March 22, 2022. Patrick Pleul/Pool via REUTERS/File Photo Join now for FREE unlimited access to Reuters.com Register SAN FRANCISCO, May 18 (Reuters) – Tesla Inc (TSLA.O) CEO Elon Musk said on Wednesday that if he had voted for […]

  • Tesla removed from S&P 500 ESG index, angering Musk

    May 18 (Reuters) – S&P Dow Jones Indices has removed electric car maker Tesla Inc (TSLA.O) from its widely followed S&P 500 ESG Index (.SPXESUP), citing issues including allegations of racial discrimination and crashes linked to its Autopilot vehicles, a move that prompted harsh tweets from Tesla CEO Elon Musk on Wednesday. The back and […]

  • Stock market rebound falters, UK inflation hits 40-year high

    LONDON, May 18 (Reuters) – A rebound in equities petered out on Wednesday as concerns over the outlook for economic growth and rising inflation rattled sentiment, while a British inflation reading of 9 % highlighted just how much interest rates could rise. Asian stocks managed to post their fourth consecutive session of gains, but in […]

  • Wall Street ends sharply higher, fueled by Apple

    Walmart slips after cutting profit forecast April retail sales rise in line with estimates S&P 500 +2.02%, Nasdaq +2.76%, Dow Jones +1.34% May 17 (Reuters) – Wall Street ended sharply higher on Tuesday, lifted by Apple, Tesla and other megacap growth stocks after strong retail sales in April eased worries about slowing economic growth. Ten […]