Wall Street gains after Apple, Boeing results
U.S. stocks jumped on Wednesday, as relief after Apple Inc’s earnings and an upbeat report from Boeing Co eased nerves as investors waited for updates from the Federal Reserve and U.S.-China trade talks.
Apple bans Facebook from tech tools for tracking teen browsing habits
Apple Inc said on Wednesday it had banned Facebook Inc from a program designed to let businesses control iPhones used by their employees, saying the social networking company had improperly used it to track the web-browsing habits of teenagers.
Stocks rise on Apple, Boeing before Fed statement
World stocks and the dollar rose on Wednesday ahead of policy guidance from the Federal Reserve, with results from Boeing and Apple and data that showed U.S. private sector jobs increased more than expected in January reassuring investors.
J.P. Morgan sees Fed leaving $1 trillion in excess reserves
J.P. Morgan on Wednesday raised its estimate on the amount of excess reserves that the U.S. Federal Reserve would leave in the U.S. banking system to $1 trillion, double what it had previously projected.
Boeing speeds 787 line to prepare for output of 14 jets a month
Boeing Co has started boosting 787 Dreamliner production to 14 jets a month from 12, Chief Executive Dennis Muilenburg said on Wednesday, putting the U.S. planemaker within reach of a key target designed to boost cash and lower costs.
Fed set to hold rates steady as it navigates data blind spots
In the six weeks since a confident U.S. Federal Reserve raised interest rates in response to a “strong” U.S. economy, consumer confidence dropped, wholesale prices weakened, financial markets wobbled and home sales fell.
Boeing shares soar on profit, aircraft forecast but storm clouds loom
Boeing Co shares jumped on Wednesday as the world’s largest planemaker raised its profit and cash flow expectations for 2019 amid a boom in air travel, while indicating it had overcome supplier delays that snarled 737 production last year.
Oil prices rise more than 1 percent on Venezuela sanctions
Oil prices rose more than 1 percent on Wednesday, boosted by concerns about supply disruptions following U.S. sanctions on Venezuela’s oil industry but pegged back by uncertainty over the global economy.
Wall Street opens higher on Apple, Boeing boost
U.S. stocks opened higher on Wednesday, as results from Apple Inc and Boeing Co calmed nerves ahead of the Federal Reserve’s update on monetary policy and fresh U.S.-China trade talks.
Alibaba sales grow at weakest pace in three years as slowing China bites
E-commerce giant Alibaba Group Holding Ltd’s quarterly revenue grew at its weakest pace since 2016, as the impact of a slowing Chinese economy and a crippling Sino-U.S. trade war kept buyers away during its top-sale season.
