S&P 500 snaps win streak as Middle East tensions push down Wall Street
Wall Street’s major indexes fell from record highs on Friday after a U.S. air strike in Iraq ratcheted up tensions in the Middle East and a bigger-than-expected contraction in the U.S. manufacturing sector raised concerns of slowing economic growth.
Fed officials kick off 2020 with optimistic view of U.S. economy
Top U.S. Federal Reserve officials struck upbeat tones about the economy on Friday, a confidence reflected in a record of their latest meeting that signaled no urgency to offer additional stimulus in the wake of three interest rate cuts last year.
Fed may need new framework to boost inflation to 2%
The Federal Reserve could find itself fighting too-low inflation for years to come, San Francisco Federal Reserve President Mary Daly said on Friday, and may need a new policy framework to achieve its goal of 2% inflation.
Oil, safe havens surge after U.S. strikes kill Iran commander
Oil prices surged as much as $3 a barrel as gold, the yen and safe-haven bonds all rallied on Friday after the U.S. killing of Iran’s top military commander in an air strike in Iraq ratcheted up tensions between Washington and Tehran.
Turkish court formally arrests five suspects over Ghosn’s transit: Anadolu
A Turkish court ruled on Friday to formally arrest five suspects who were detained as part of an investigation into ex-Nissan boss Carlos Ghosn’s transit through Turkey after fleeing Japan, state-owned Anadolu news agency reported.
Wall Street slides on Middle East tensions, weak manufacturing data
Wall Street fell from record highs on Friday after a U.S. air strike in Iraq ratcheted up tensions in the Middle East and a bigger-than-expected contraction in the U.S. manufacturing sector raised concerns of slowing economic growth.
FCC says it will accept comments until February 3 on Huawei, ZTE security risks
The U.S. Federal Communications Commission (FCC) said on Friday it will accept public comments until Feb. 3 on its determination that China’s Huawei Technologies Co Ltd and ZTE Corp pose national security risks.
Story on Ghosn’s exit from Japan is withdrawn
This story, first published at 1243 GMT, has been withdrawn pending more reporting.
Soleimani strike lifts safe-haven yen; grim U.S. data hits dollar
Investors rushed into safe-haven assets on Friday after U.S. air strikes in Iraq killed a senior Iranian military official, sending the Japanese yen to a three-month high, while the U.S. dollar index was knocked by the weakest domestic factory activity…
Wall Street dips on Middle East tensions, weak manufacturing data
Wall Street fell from a record high on Friday after a U.S. air strike in Iraq ratcheted up tensions in the Middle East, while a bigger-than-expected contraction in the U.S. manufacturing sector again fanned fears of slowing economic growth.
