Market Pulse - Usa
Trump to push for huge increase in US military spending, defence stocks spike
US President Donald Trump plans to push ahead with a budget that includes a £54bn, or 9%, rise in spending on armed forces, with an equivalent cut for spending on domestic agencies.
US open: Markets take a breather ahead of Trump speech
Ahead of President Donald Trump's speech on tax, and possibly on fiscal spending plans, US stocks took a breather from previous record highs on Monday with the Dow on track to break its 12 day winning streak.
US homebuying activity hits skids in January on lack of supply
A leading indicator of homebuilding activity in the States weakened unexpectedly at the turn of the year, especially in the Midwest and West and almost returning to its levels of a year ago nationwide.
Warren Buffett praises effect of immigration on US economy
Billionaire investor Warren Buffett has heaped praise on the contribution of immigrants to the US economy, and expressed confidence that American companies will continue to grow in years to come.