Market Pulse - Usa
US close: Healthcare rout sends stocks lower on Wednesday
US stocks closed lower on Wednesday as investors thumbed over earnings releases from the likes of Morgan Stanley, BNY Mellon and PepsiCo and looked to data that indicated stabilisation of China's economic growth.
Europe close: Stocks jump on good economic news out of China
Stocks on the Continent finished near their best levels of the session despite news that the German government had taken an axe to its growth forecasts again, thanks to unexpectedly strong readings on Chinese growth and better-than-expected results from some US corporates, including banking heavyweight Morgan Stanley.
China prepping new stimulus package, says Bloomberg
Chinese officials appear to be preparing a stimulus package as they aim to improve sales of items such as cars and electronics after the nation's economy showed signs of reinvigoration on Wednesday.
US February trade deficit narrows as aircraft sales jump
America's shortfall on trade with the rest of the world narrowed significantly in February amid a pickup in sales of civilian aircraft.
US open: Healthcare stocks drag Dow into the red, Nasdaq registers intraday record high
US stocks opened mostly lower on Wednesday as investors thumbed over earnings releases from the likes of Morgan Stanley, BNY Mellon and PepsiCo and looked to data that indicated stabilisation of China's economic growth.
Mastercard could be forced to pay £300 to almost every UK adult
Mastercard could be forced to pay out £300 to almost every UK adult if a £14bn class action lawsuit against the company prospers.
US-China deal could give Beijing dangerous trade tool
Treasury Secretary Steven Mnuchin said on Monday that the US agreed with China that the enforcement mechanism of fair trade will be reciprocal, in a move that some observers believed might harm US companies and the World Trade Organization itself.
IBM revenues slip as cloud sales falter
Computer giant IBM saw revenues slip in the first quarter after sales faltered at its cloud computing division.
Netflix earnings, subscriber additions beat estimates
Streaming giant Netflix reeled in more new subscribers in the first three months of the year than it had ever before, adding 9. 6m new users.
US close: Markets finish higher as investors cheer Bank of America
Wall Street finished its session in the green on Tuesday, as investors thumbed over more key earnings, including those from banking giant Bank of America.