Market Pulse - Usa
US open: Stocks continue to barrel higher on tax cut hopes
Wall Street continued to push higher at a furious pace amid greater optimism over the likelihood of US tax reforms and the potential impact they might have on stocks.
Kroger's third quarter profits beat forecasts
North America's largest supermarket chain Kroger on Thursday posted quarterly sales and profits which came in ahead of expectations as competitive pricing brought customers through its doors in droves.
Trump rebuffs China's call for 'market economy' status
The White House has formally rejected China's call to be considered a "market economy" under global trading rules, heightening tensions between two of the world's largest economies.
Google subject of £1bn lawsuit over iPhone data breach
US tech giant Google is facing a lawsuit in the UK which could see the company having to pay out as much as £1bn in compensation to iPhone users it collected data on.
US personal incomes and spending outstrip forecasts in October
Personal income and spending growth picked-up a little bit more quickly than expected last month, amid mildly stronger price pressures.
Shire gets orphan drug status for paediatric UC antibody
Shire's SHP647 monoclonal antibody has been granted 'orphan drug' status for the treatment of children with moderately to severely ulcerative colitis.
Russia reportedly onboard with OPEC output cut extension to end-2018
Crude oil futures are holding near their session highs after the Organisation of Petroleum Exporting Countries signaled they want to extend the group's current output curbs until the end of 2018.
Trump lashes out at May over criticism of anti-Muslim retweets
US President Donald Trump has rebuked UK PM Theresa May after she criticised his social media posting of anti-Muslim videos from Britain First leader Jayda Fransen.
US close: Markets mixed as Dow stays shy of 24,000
Wall Street finished the midweek session on a mixed note, with the Dow spending much of the session edging towards, but not quite reaching, the 24,000 mark.
Big gains and Big Macs: Bitcoin smashes through $11,000
Less than a day after Bitcoin topped the symbolic $10,000 barrier for the first time, the cryptocurrency broke through the $11,000 mark on Wednesday morning, adding more than 10% in value over the course of just 24 hours.
US open: Dow aims for 24,000-point mark, but Nasdaq comes under selling pressure
Wall Street has begun the session on a mixed note, albeit with the Dow on track to hit another record as it edges towards the 24,000 mark.
Major bug in Apple's macOS allows anyone access without a password
A major security bug has been discovered in the latest version of Apple’s macOS operating system, with the US technology giant said to be working to patch the flaw.
US close: Financials lead markets into the green
Wall Street's main stock market indices finished higher on Tuesday, with traders pushing financials higher as traders listened in on the White House's choice for new Fed chair's testimony before the Senate.
North Korea fires ballistic missile
North Korea has fired a ballistic missile into the sea off Japan, breaking a two-month lull.
US open: Stocks hit new highs as Powell testifies
Wall Street's main stock market indices are all setting fresh record highs with traders pushing financials higher as traders listened in on the White House's choice for new Fed chair's testimony before the Senate.
Emerson Electric drops bid to acquire Rockwell Automation
Automation company Emerson Electric has stepped away from a proposed bid to acquire rival Rockwell Automation.
US consumer confidence nears November 2000 highs, Conference Board says
Consumer confidence in the States strengthened for a fifth consecutive month in November, nearing its loftiest mark in almost 20 years.
US foreign trade deficit jumps unexpectedly in October
The US trade deficit in goods jumped last month as import growth picked up and exports slipped.
SoftBank offers to purchase Uber shares at 30% discount
Japanese conglomerate SoftBank reportedly offered ride-share service Uber a total of $48bn for its shares on Monday, a 30% discount on its last valuation of $68. 5bn.
Arby's parent picks up Buffalo Wild Wings for $2.9bn
North American restaurant group Arby's, announced on Tuesday that its owner, Roark Capital Group, had agreed to acquire sports bar franchise Buffalo Wild Wings as part of $2. 9bn deal.