Market Check
By Pranav Kashyap and Nikhil Sharma
(Reuters) - Wall Street's main indexes inched up on Thursday, supported by upbeat results from PepsiCo and strong economic data that pointed to a healthy consumer.
Retail sales rebounded more than expected in June, rising 0.6%. Meanwhile, initial jobless claims for the last week came in at 221,000, below the anticipated 235,000, pointing to steady job growth in July.
"The fact that... (continue reading...)
By David French
(Reuters) -Wall Street stocks closed marginally up on Monday as investors sidestepped any meaningful moves following U.S. President Donald Trump's latest tariff threats, and held steady ahead of a busy week of economic data and the start of earnings season.
Trump ramped up trade tensions over the weekend, vowing to slap a 30% tariff on most imports from the European Union and Mexico starting August 1 - leaving the clock... (continue reading...)
By Sinéad Carew and Pranav Kashyap
(Reuters) -Wall Street indexes closed higher on Wednesday, led by the tech-heavy Nasdaq as Nvidia briefly reached a $4 trillion valuation, and Federal Reserve meeting minutes fueled hopes that inflation pressures from President Donald Trump's tariffs would not derail interest rate cuts this year.
The minutes for the mid-June meeting showed that most Fed officials said they expect rate cuts will be... (continue reading...)
By Sabrina Valle
NEW YORK (Reuters) -The S&P 500 and Nasdaq closed at record highs on Wednesday, boosted by gains in technology stocks and a trade agreement between the U.S. and Vietnam that eased concerns over prolonged trade tensions.
The Dow Jones Industrial Average closed slightly lower but remained within 1.18% of its December 4 record close.
Wall Street has logged a string of record highs in recent weeks, reflecting a... (continue reading...)
Dow Climbs 0.7%, While Nasdaq Falls 1%
- S&P 500 Down 0.2%
- Traders noted the unusual action with high flyers like NVIDIA (NASDAQ: NVDA) and Palantir (NASDAQ: PLTR) trading sharply lower.
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