Instant View: S&P 500 trades above January high at new record
The S&P 500 stock index rose as much as 0.57 percent on Tuesday to 2,873.23, putting it above its previous record high of 2,872.87 on Jan. 26. Bolstered by quarterly earnings reports and a rise in stock buybacks, the benchmark S&P 500 has gained over 2 percent in the past month.
The bull that won’t die: S&P 500 back at a record after months on ice
After a seven-month stall, Wall Street’s bull market looks back on track, thanks to Amazon.com , Alphabet and other high-flying technology and consumer discretionary companies.
Italy state lender CDP may take over Autostrade: sources
Italian state lender Cassa Depositi e Prestiti (CDP) may buy a controlling stake in Autostrade per l’Italia in the wake of the collapse last week of a bridge the motorway operator managed, two sources told Reuters on Tuesday.
S&P hits record, equals longest bull-run
The benchmark S&P 500 hit an all-time intraday high on Tuesday, the same day it equaled its longest-ever bull-market run, as U.S. stocks rose on encouraging earnings reports and hopes that the United States and China could resolve their tariff dispute.
Dollar falls, emerging markets rally after Trump’s Fed attack
The dollar weakened on Tuesday after U.S. President Donald Trump slammed the Federal Reserve for raising interest rates, while global equity markets rose as strong economic and earnings growth favored stocks in a relatively benign environment.
BHP warns protectionism will stoke U.S. costs
Protectionism will result in higher prices for U.S. citizens, a senior executive at BHP said on Tuesday, adding that the mining company was already seeing the effect.
Uber hires CFO after lengthy search, paving way for IPO
Uber Technologies Inc has hired a chief financial officer, the ride-services company said on Tuesday, filling a long-standing vacancy and clearing the way for a much-anticipated initial public offering next year.
American cuts second U.S.-China flight; cites fuel cost, competition
American Airlines is cutting a route from Chicago to Shanghai, cancelling the second direct flight from the U.S. city to China in four months, the carrier said on Tuesday, citing higher fuel costs and a “competitive environment.”
Wall St. rises on trade, earnings optimism
U.S. stock indexes rose on Tuesday, with the S&P closing in on its all-time high, helped by some encouraging earnings reports and optimism that planned trade talks between the United States and China would help resolve their trade spat.
Wall St. opens higher on earnings, trade optimism
U.S. stocks opened higher on Tuesday, helped by some encouraging earnings reports and anticipation that planned trade talks between the United States and China would help resolve the spat between the world’s two largest economies.
