Wall St. propped up by tech stocks, financials rise ahead of Fed
U.S. stocks rebounded on Tuesday after losing about 2 percent in each of the past two days, helped by gains in the technology sector, and a rebound in some bellwether stocks such as Boeing and J&J.
IPO activity next year could dampen if markets do not rebound: report
The excitement of proposed initial public offerings by ride-hailing rivals Uber and Lyft next year may not be enough to encourage other firms to follow suit, as they fear that slowing global growth and rocky stock markets dragging into next year could …
Equity markets edge up, oil drops, on growth worries ahead of Fed meeting
World stock markets inched higher on Tuesday as investors looked ahead to whether the U.S. Federal Reserve will be able to raise interest rates much further amid turbulent markets and a weakening outlook for the global economy.
GM cutting 50 jobs at U.S. battery plant tied to Chevy Volt
General Motors Co said on Tuesday it plans to cut 50 jobs at a suburban Detroit lithium-ion battery assembly plant after the largest U.S. automaker announced last month it will end production of its plug-in hybrid Chevrolet Volt in 2019.
Tech stocks help Wall Street rebound, financials rise ahead of Fed
U.S. stocks rose roughly 0.5 percent on Tuesday after losing about 2 percent in each of the past two days, helped by gains in the technology sector, upbeat earnings reports and a rebound in some bellwether stocks such as Boeing and J&J.
Oil dives on fears of glut, global economic slowdown
Oil prices tumbled on Tuesday after reports of swelling inventories and forecasts that record U.S. and Russian output will hit a market that may see weaker demand if global growth deteriorates as many expect.
Facebook’s Sandberg cites need to do more after reports of Russia meddling
Facebook Inc’s Chief Operating Officer Sheryl Sandberg said on Tuesday the company needs to step up its efforts to curb misinformation after research revealed that Russia-backed organizations targeted African-Americans, who favored Hillary Clinton, to …
Equity markets edge up, dollar drops, on growth worries ahead of Fed meeting
World stock markets inched higher on Tuesday as investors looked ahead to whether the U.S. Federal Reserve will be able to raise interest rates much further amid turbulent markets and a weakening outlook for the global economy.
Tech stocks, upbeat earnings boost Wall Street; Fed in focus
Wall Street rose on Tuesday, helped by technology stocks, upbeat earnings reports and a rebound in few bellwether stocks, while investors awaited clues on the Federal Reserve’s path for future rate hikes.
Musk’s SpaceX to raise $500 million in funding: WSJ
Elon Musk’s rocket company SpaceX Corp is set to raise $500 million at a $30.5 billion valuation, the Wall Street Journal reported on Tuesday, citing people familiar with the fundraising plan.
