U.S. housing starts increase; permits hit 12-1/2-year high
U.S. homebuilding increased more than expected in November and permits for future home construction surged to a 12-1/2-year high as lower mortgage rates continue to boost the housing market and support the broader economy.
Futures edge lower after Wall Street’s record close; Boeing drops
U.S. stock index futures dipped on Tuesday, a day after Wall Street closed at all-time highs, while Boeing was set for its fourth straight session of losses as the planemaker said it would suspend production of its 737 MAX jet in January.
Exclusive: U.S. finalizing rules to limit sensitive tech exports to China, others
The Trump administration is finalizing a set of narrow rules to limit exports of sophisticated technology to adversaries like China, a document seen by Reuters shows, in a boon to U.S. industry that feared a much tougher crackdown on sales abroad.
Boeing, suppliers slip as planemaker’s crisis deepens
Shares of Boeing Co and its main global suppliers fell on Tuesday after the U.S. planemaker said it would suspend production of its best-selling 737 MAX jet in January, its biggest assembly-line halt in more than two decades.
Timeline: Boeing’s changing schedule for 737 MAX fix, return to service
Boeing Co said on Monday it would suspend production of its best-selling 737 MAX jetliner in January, the firm’s biggest assembly-line halt in more than 20 years, as repercussions of two fatal crashes of the now-grounded aircraft drag into 2020.
U.S. agency upgrades probe into 1.7 million GM vehicles
The U.S. National Highway Traffic Safety Administration (NHTSA) said Tuesday it is upgrading an investigation into 1.7 million General Motors Co vehicles for windshield wiper failures.
Aramco shares dip slightly ahead of MSCI inclusion
Saudi Aramco shares closed down 0.66% at 37.75 riyals ($10.07) on Tuesday, Refinitiv data showed, ahead of their inclusion into the MSCI emerging markets index, which will be effective on Wednesday.
Aramco shares close at $10.07 ahead of MSCI inclusion
Saudi Aramco shares closed down 0.66% at 37.75 riyals ($10.07) on Tuesday, Refinitiv data showed, ahead of their inclusion into the MSCI emerging markets index, which will be effective on Wednesday.
Pound and stocks flop as Brexit fears resurface
European stocks skidded off record highs and sterling dropped more than 1% on Tuesday, as reports that Britain’s prime minister was ready to play rough in Brexit talks brought December’s cross-market rally to a halt.
British Boeing supplier Senior Plc reaffirms 2019 forecast
British engineering firm Senior Plc reaffirmed its expectations for 2019 on Tuesday, a day after Boeing said it would suspend production of its 737 MAX jet in January.