Market Pulse - Usa
US close: S&P 500 notches up sixth weekly gain in a row, as investors come off sidelines
Wall Street continued to climb the proverbial 'wall of worry' as Senate approval of the White House's budget resolution for fiscal year 2018, which many believe paves the way for tax cuts, powered the S&P 500 to a sixth consecutive weekly gain.
US existing home sales move higher in September
Existing home sales in the States broke a three-month streak of consecutive declines but were nevertheless labelled "meagre" by some observers, who warned that a lack of supply and fast price increases were putting a crimp in buyers' budgets.
US open: Wall Street climbs 'wall of worry' on tax cut progress
Wall Street continued to climb the proverbial 'wall of worry' following Senate approval of the White House's budget resolution for fiscal year 2018, which some believed paved the way for tax cuts.
US pre-open: Stocks seen higher after Senate passes budget blueprint
US futures pointed to a slightly firmer open on Wall Street on Friday after the Senate passed a budget blueprint for the next fiscal year, pushing President Trump one step closer to implementing his tax reforms.
Trump tax bill clears Senate hurdle as Bush and Obama make veiled swipes
US President Donald Trump’s proposed tax reforms cleared a significant hurdle on Thursday as the Senate passed a blueprint budget for 2018, as the divisiveness under his administration faced thinly-veiled attacks from predecessors Barack Obama and George W Bush.
US close: Markets little changed on Black Monday anniversary
Wall Street's main averages finished mixed but little changed on Thursday, as traders booked some profits on the 30th anniversary of the 1987 Black Monday US stock market crash.
Apple shares fall after Watch connection issues in China
Shares of US tech giant Apple were suffering their biggest decline in the last month after Wall Street opened on Thursday amidst reports that the Apple Watch was suffering from service issues in China.
US open: Wall Street dips on anniversary of 1987 Black Monday crash
Wall Street's main averages came under selling pressure as traders booked some profits on the 30th anniversary of the 1987 Black Monday US stock market crash that saw the S&P 500 plummet 20% in a single session.
US close: Dow clears 23,000 mark as IBM surges
Gains for Big Blue on the back of its latest quarterly numbers pushed the Dow clear of the 23,000 point mark on Wednesday, with investors very much focused on the steady stream of corporate results coming out.
US open: IBM soars, pulls Dow Industrials past 23,000
Gains for Big Blue on the back of its latest quarterly numbers have pushed the Dow Industrials clear of the 23,000 point mark with investors very much focused on the steady stream of corporate results coming out.
US close: Markets finish higher amid busy earnings season
US markets finished in the green on Tuesday, with the Dow closing just short of the 23,000 mark which it breached for the first time ever earlier in the session, amid a busy third quarter earnings season on Wall Street.
US open: Dow Industrials clambers atop 23,000 mark for first time
The Dow Industrials climbed past the 23,000 points mark for the first time ever, as the third-quarter earnings season got into full swing, and then slipped lower.
Johnson and Johnson raises full year targets after strong third quarter
Healthcare giant Johnson and Johnson posted higher than expected profits for the three months to 30 September thanks to increased demand for its new cancer drugs and the additional revenue afforded to the group from its June acquisition of Swiss biotech company Actelion.
Fuel costs goose US import prices higher in September
Dearer fuel imports boosted the cost of overseas goods last month, albeit alongside similar-sized gains in export prices.
US industrial production misses forecasts in September
Industrial production in the US rose as expected last month but amid downwards revisions to readings for previous months, especially in manufacturing.
Airbus agrees to purchase majority stake in Bombardier's C-Series programme
French aeronautical firm Airbus agreed to pick up a majority stake in Bombardier's C-Series jet project, just weeks after the US government announced it would impose a 300% import tariff on the plane after receiving a complaint from Chicago-based competitor Boeing.
Netflix 'on track' for $11bn revenues after quarterly beat
Video-streaming group Netflix said it was "on track" to top $11bn worth of sales in its current financial year as the firm boosted its revenue 30% over the three months leading to 30 September.
US close: Stocks finish higher on impressive factory data
Stocks started the week higher on Monday, on the back of a stronger-than-expected reading on the Empire State factory index and amid somewhat hawkish Fedpseak.
US open: Stocks push higher following upbeat factory data
Stocks have started the week higher on the back of a stronger-than-expected reading on the Empire State factory index and amid somewhat hawkish Fedpseak.
US close: Stocks end higher despite another CPI miss
Stocks ended slightly higher going into the weekend despite inflation data for September that came in shy of market estimates for a sixth month out of seven.