Market Pulse - Usa
Empire State manufacturing index plummets in January
The New York Empire State manufacturing index fell to -43. 7 in January, according to the Federal Reserve, the lowest reading since May 2020, pointing to a sharp drop in manufacturing activity in the state.
Goldman Sachs Q4 results top expectations
Investment bank Goldman Sachs reported fourth-quarter results that topped Wall Street expectations on Tuesday, driven by better-than-expected asset and wealth management revenues.
US pre-open: Futures in the red following Trump's landslide caucus victory
Wall Street futures were in the red ahead of the bell on Tuesday as traders returned from the Martin Luther King Jr Day break to more corporate earnings and headlines from the Republican Party's Iowa caucus.
Boeing to open factory doors to airlines
Aircraft manufacturer Boeing has vowed to give airlines more oversight of its facilities following an incident with an Alaska Airlines flight in which a part of the plane fell off mid-flight.
US open: Stocks lower as earnings season kicks off
US stocks were in the red early on Friday as market participants strapped themselves in for the beginning of another corporate earnings season.
Bank of America Q4 profits fall on one-time charges
Investment bank and financial services firm Bank of America posted a decline in fourth-quarter profits on Friday as a result of being hit with some sizeable one-time charges.
JPMorgan Chase posts record FY profits
US banking giant JPMorgan Chase posted record full-year profits on Friday, driven by a windfall from rising interest rates.
US pre-open: Futures lower as earnings begin to roll in
US futures were in the red ahead of the bell on Friday as market participants strapped themselves in for the beginning of another corporate earnings season.
US close: Stocks little changed as traders digest CPI reading
Wall Street stocks were little changed at the close on Thursday as market participants digested some key inflation data.
US open: Stocks trade lower as investors digest CPI data
Wall Street stocks were in the red early on Thursday as market participants digested some key inflation data.
US jobless claims slow in first week of 2024
Americans filed claims for state benefits at a decelerated clip in the week ended 6 January, according to the Labor Department, hitting their lowest level since October.
Amazon fails to offer remedies to EU concerns over iRobot acquisition
Shares in iRobot plunged overnight on Wednesday, after Amazon failed to provide solutions to address concerns raised by EU competition regulators regarding its $1. 4bn acquisition of the US domestic robotics giant.
US pre-open: Futures mixed ahead of CPI reading
Wall Street futures were mixed ahead of the bell on Thursday as market participants held their breath in anticipation for some key inflation data due out later in the day.
US open: Stocks slightly higher as investors look ahead to CPI reading
Wall Street stocks were in the green early on Wednesday as traders waited for the release of last month's CPI reading tomorrow.
US mortgage applications rise 9.9%
Mortgage application volume rose 9. 9% in the week ended 5 January, according to the Mortgage Bankers Association, the biggest increase in a year.
US pre-open: Futures mixed as traders look ahead to CPI reading
Wall Street futures were mixed ahead of the bell on Wednesday as traders waited for the release of last month's CPI reading tomorrow.
US open: Dow Jones reverses Monday's gains at the bell
Wall Street stocks were in the red early on Tuesday following solid gains in the previous session.
US trade deficit in goods widens during November
America's trade deficit in goods widened to $90. 3bn in November, up from a revised reading of $89. 6bn a month earlier, according to an advance estimate from the Census Bureau.
US pre-open: Futures lower following yesterday's rally
Wall Street futures were in the red ahead of the bell on Tuesday following solid gains in the previous session.
EU to look at Microsoft-OpenAI investment as part of market probe
The European Commission announced two calls for contributions on Tuesday, focusing on competition within virtual worlds and generative artificial intelligence (AI), particularly Microsoft’s investment in ChatGPT developer OpenAI.