ECB Leaves Deposit Facility Rate Unchanged at (0.4%); QE Efforts Reaffirmed
- S&P 500 gains as investors digest positive earnings, megacap results outlook
- JPMorgan is worried about further S&P 500 sell-off potential
- Oil rises as dollar slips, focus shifts to economic data
- China acquired top-end Nvidia AI chips despite recent US ban- Reuters
- SAP Q1 results fall short of Wall Street estimates as transformation kicks off
- Fisker (FSR) Appoints Michael Healy as Chief Restructuring Officer
- Kroger (KR), Albertsons and C&S Wholesale Grocers Announce an Updated and Expanded Divestiture Plan
- Costar Group (CSGP) to Acquire Matterport (MTTR) for $5.50/sh Cash and Stock
- Jaguar Health (JAGX) Files $75M Mixed Shelf
- Apple (AAPL) PT Lowered to $210 at Morgan Stanley, 'We'd buy post-earnings weakness'
- Midday movers: PepsiCo, JetBlue fall; GM, Danaher and UPS rise
- After-hours movers: Cadence Design Systems, Cleveland-Cliffs, Riot Platforms, and more
- Midday movers: Tesla, Li Auto and CNH Industrial fall; Salesforce rises
- Midday movers: Netflix, Super Micro fall; Paramount Global gains
- After-hours movers: Netflix, Intuitive Surgical, Nordstrom, KB Home
ECB cuts FY18 GDP growth outlook from 1.7% to 1.6% (FXE)
September 8, 2016 8:39 AM EDTECB cuts FY18 GDP growth outlook from 1.7% to 1.6%.
... MoreDollar rises after U.S. oil inventories data boost bets on Fed move
September 7, 2016 9:21 PM EDTBy Dion Rabouin
NEW YORK (Reuters) - The dollar rose against the yen on Thursday, spurred by a jump in oil prices that put upward pressure on U.S. inflation expectations and pushed traders to increase their outlook on a rate hike from the Federal Reserve.
Oil prices surged more than 4 percent on Thursday after U.S. inventory data showed crude stocks dropped by the most since January 1999, as imports fell due to Tropical Storm Hermine last week. [EIA/S]
The dollar rose 0.75 percent against the yen to 102.54. The currency pair is generally... More