Tag: stock
Foreigners pull out of Asian equities for fifth straight month in May
June 2 (Reuters) - Asian equities continued to witness foreign outflows for a fifth consecutive month in May, hit by concerns over monetary tightening...
Energy & Precious Metals – Weekly Review and Outlook
The U.S. job market isn’t giving up easily, meaning its ‘shadow’ — the oil market — won’t either. With neither slowing significantly, good luck...
U.S. stock market rebound faces key inflation test
NEW YORK (Reuters) -A rally that lifted U.S. stocks from the brink of a bear market faces an important test next week, when consumer...
Bioengineered human heart developer Biolife4D files for $17M IPO
Biolife4D (SAVU), which is developing bioengineered human hearts for research and possible transplantation, has filed to hold a $17.3M initial public offering. The biotech company’s...
LGI Homes reports 697 home closings in May 2022
Homebuilder LGI Homes (NASDAQ:LGIH) on Friday said it closed 697 homes in May vs. 703 homes closed in April.The company said that as of...
European Stock Futures Lower; Eurozone CPI Data in Focus
European stock markets are expected to open slightly lower Tuesday, ahead of the release of key regional inflation data which could heighten concerns about...
Gold Up, Dollar Down as Asian Risk Appetite Grows
Gold was up on Monday morning in Asia, firming in volatile trading. A weaker dollar gave the yellow metal a boost, but a move...
Morgan Stanley Prefers US Small Caps Over Large Caps
In a note on SMID caps released Friday, Morgan Stanley equity strategist Michelle Weaver said the firm currently prefers US small caps over large...
Hope Blooms for China Stocks as Analysts Stop Cutting Estimates
(Bloomberg) -- A stabilization in earnings expectations is adding to optimism that the worst may be over for China’s beleaguered stocks. Analysts have stopped cutting...
Wall St ends down with strong jobs data keeping the pressure on for rate hikes
By Sinéad Carew, Devik Jain and Anisha Sircar (Reuters) - Wall Street's three major stock indexes ended lower on Friday after a solid jobs report...
Analysis – Musk’s warning could be auto industry’s ‘canary in the coal mine’ moment
By Ben Klayman and Joseph White (Reuters) - Tesla (NASDAQ:TSLA) CEO Elon Musk's "super bad feeling" about the economy could be the auto industry's "canary...
Food deliverer Delivery Hero drops out of Germany’s blue chip index
BERLIN (Reuters) - Food deliverer Delivery Hero will drop out of Germany's blue chip stock index DAX replaced by consumer goods maker Beiersdorf from...