Market Check
By Caroline Valetkevitch
NEW YORK (Reuters) -U.S. stock indexes closed lower on Wednesday as investors digested minutes from the last Federal Reserve meeting and shares of chip designers fell in late trading.
After the closing bell, shares of Nvidia rose 5% as the artificial intelligence leader reported quarterly sales that beat analyst expectations. However, the chipmaker forecast second-quarter revenue below estimates.
Nvidia... (continue reading...)
LONDON/NEW YORK (Reuters) - U.S. President Donald Trump cranked up his trade threats on Friday, targeting both smartphone giant Apple along with imports from the European Union, roiling global markets.
Trump threatened to impose a 25% tariff on Apple for any iPhones sold, but not manufactured, in the United States. He also said he would recommend a 50% tariff on the European Union to begin on June 1.
Stock indexes in the U.S. and across... (continue reading...)
S&P 500 Weakness Continues, Down 1.75% on Yield Concerns
By Noel Randewich and Pranav Kashyap
(Reuters) -Wall Street stocks ended mixed on Thursday, with gains in Cisco Systems following an upbeat forecast, while UnitedHealth tumbled after a report of a criminal investigation into the insurer.
The S&P 500 has more than recovered from a deep selloff in April triggered by U.S. President Donald Trump's global trade war, as investors bet Washington will reach deals to roll back steep tariffs that... (continue reading...)
By Chuck Mikolajczak
NEW YORK (Reuters) -U.S. stocks advanced on Wednesday in choppy trading, buoyed as semiconductor stocks rallied late on a report that regulations on artificial intelligence chips would be loosened.
For most of the session, stocks bounced around, and trading remained choppy after the Federal Reserve kept U.S. interest rates unchanged in a move that market participants expected.
Close to the closing bell,... (continue reading...)
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