Wall Street rallies on jobs report, Powell comments
U.S. stocks surged over 2.5 percent on Friday, boosted by a robust U.S. jobs report, plans for fresh Sino-U.S. trade talks and as Federal Reserve Chairman Jerome Powell pledged patience and sensitivity to risks in the markets.
Airbus chases aircraft lessors as order race tightens
Airbus has been chasing deals with leasing companies in recent weeks to try to narrow a gap in orders against rival Boeing , while industry experts took a somewhat more sanguine view on 2018 deliveries after shares took a beating.
Strong U.S. jobs data boosts stocks, soothes economic fears
World stock markets rallied on Friday while bond yields rose after sharply declining earlier in the week as Beijing announced a new round of trade talks with Washington and U.S. employment data pointed to economic strength.
Fed’s Powell pledges patience, sensitivity to risks in markets
Federal Reserve Chairman Jerome Powell on Friday moved to ease concerns in financial markets, saying that while U.S. economic momentum is solid, the central bank is sensitive to the risks highlighted by investors and will be patient with its monetary p…
Instant View: Powell pledges patience; says won’t quit if Trump asks
Federal Reserve Chairman Jerome Powell on Friday moved to mollify financial markets concerned about a U.S. economic slowdown, saying that while momentum is solid, the U.S. central bank will be sensitive to the downside risks the market is pricing in.
Fed Chair Powell says he would not resign if asked
Federal Reserve Chairman Jerome Powell on Friday said he has not received any direct communication from the White House about his job performance, and that he would not resign even if President Donald Trump asked him to do so.
China and U.S. to hold trade talks in Beijing next week
China and the United States will hold vice ministerial level trade talks in Beijing on Monday and Tuesday, as the two countries face pressure to end a trade war that is hurting the world’s two top economies and roiling global financial markets.
Take Five: Be careful out there! World markets themes for the week ahead
Following are five big themes likely to dominate thinking of investors and traders in the coming week and the Reuters stories related to them.
Wall Street surges on strong U.S. jobs report, trade optimism
U.S. stocks jumped on Friday, rebounding from a steep slide a day earlier, as a robust U.S. jobs report added to optimism from proposed trade talks between the United States and China next week.
Oil rises above $57 on China-U.S. trade talks, OPEC cuts
Oil rose to above $57 a barrel on Friday after China said it would hold trade talks with the United States and a survey showed China’s services sector expanded in December, while signs of lower crude supply also lent support.
