STOCK MARKET FORECAST: NASDAQ 100 STRUGGLING DESPITE BIG BEAT ON CONSUMER CONFIDENCE DATA The Nasdaq 100 is trading on its back foot so far this morning as major stock indices drop following the New York opening bell. Stock market selling pressure has been relatively modest, however, with the NasdaqRead More →
2/2 © Reuters. The spread of the coronavirus disease (COVID-19) in Lisbon 2/2 By Catarina Demony and Sergio Goncalves LISBON (Reuters) – How quickly more than 40 airports run by French group Vinci (SGEF.PA) can recover from the coronavirus crisis depends on whether passengers feel safe enough to travel, theRead More →
© Reuters. By Gina Lee Investing.com – Asian stocks were mixed on Friday morning, with a months-long rally starting to fizzle out. “We had stocks make a miraculous recovery from their March 23 lows and so it makes sense that we’re unlikely to see the rally continue at the paceRead More →
© Reuters. FILE PHOTO: An aerial photo shows Boeing 737 MAX aircraft at Boeing facilities at the Grant County International Airport in Moses Lake WASHINGTON (Reuters) – The Federal Aviation Administration (FAA) must work to restore “public confidence” in aircraft certification efforts after two deadly Boeing (NYSE:) 737 MAX crashes,Read More →
© Reuters. By Geoffrey Smith Investing.com — Europe’s stock markets started the week in bright mood, led by bank stocks amid upbeat comments from China on its trade dispute with the U.S. and ongoing confidence that the Brexit saga is moving towards its conclusion. Over the weekend, Chinese vice-premier andRead More →
When corners of the financial markets that are typically considered mundane draw outsize attention on Wall Street, it is always cause for investor concern. That was the case last week when surging overnight borrowing costs laid bare cracks in a key Wall Street funding mechanism, which left many scrambling forRead More →
British consumers grew more pessimistic about the shape of the nation’s economy and about their personal finances in August as worries over Britain’s approaching exit from the European Union grew, according to a survey by market researchers GfK. The data adds to a troubling picture for the U.K. economy, whichRead More →
Stocks in Asia were mostly higher early Wednesday, with Australian equities leading the way despite data showing consumer confidence weakening on the continent. Japan’s Nikkei was a laggard in the region, dropping 0..1%. Australian consumer sentiment weakened despite interest rate cuts and tax relief with the Westpac-Melbourne Institute Index ofRead More →
© Reuters. FILE PHOTO: A view of the headquarters of state owned oil company Pemex in Mexico City MEXICO CITY (Reuters) – An $8 billion syndicated loan to Mexico’s national oil company Pemex is a sign of confidence by more than 20 banks involved in the operation, Mexican President AndresRead More →
© Reuters. Boeing Co Chief Executive Dennis Muilenburg during a news conference at the annual shareholder meeting in Chicago By Eric M. Johnson PARIS (Reuters) – The head of Boeing (NYSE:) said on Sunday the U.S. planemaker had made a mistake in implementing a faulty cockpit warning system on theRead More →
© Reuters. From Craft Brews to Car Bills, Shutdown Hits American Confidence (Bloomberg) — Atlanta restaurateur Deborah VanTrece quietly put a notice on Facebook (NASDAQ:) Monday night inviting furloughed federal workers to her Southern (NYSE:) eatery for a free meal on Martin Luther King Jr. Day. She wasn’t prepared forRead More →
