Stocks near six-month peak on China boost; S&P nears record, oil up
Equity markets around the world climbed to approach a six-month high on Tuesday, buoyed by a rebound in Chinese stocks, while corporate earnings helped push Wall Street’s benchmark S&P 500 index towards record levels.
UniCredit has stopped using Facebook for advertising: CEO
Italy’s UniCredit has stopped using Facebook for advertising and marketing campaigns and will not do so again until the U.S. giant improves its ethical standards, the bank’s CEO said on Tuesday.
S&P nears record on technology boost
The benchmark S&P 500 was within striking distance of a record high on Tuesday, powered by gains in technology stocks, and a strong second-quarter earnings season fueled optimism about the strength in the U.S. economy.
Wall Street opens higher, S&P near record high
U.S. stocks opened higher on Tuesday, with the S&P 500 within striking distance of a record high, lifted by gains in technology stocks.
China bounce, oil rally pushes world shares toward 6-month high
World shares edged toward a six-month high on Tuesday, as the biggest jump in Chinese stocks for over two years and a sharp rally in Europe’s oil and mining firms set Wall Street up for more gains.
Futures lifted by higher oil prices, earnings
U.S. stock index futures rose on Tuesday as strong corporate earnings lifted sentiment and higher oil prices helped energy shares.
Icahn highlights Amazon threat in bid to block Cigna-Express Scripts deal
Activist investor Carl Icahn on Tuesday urged Cigna Corp shareholders to vote against the health insurer’s $52 billion purchase of Express Scripts Holding Co , citing regulatory hurdles and the growing threat of Amazon.
Factbox: European companies respond to latest Iran sanctions
New U.S. sanctions against Iran took effect on Tuesday, and President Donald Trump, who defied Washington’s allies to impose them, pledged that companies doing business with Tehran would be barred from doing business with the United States.
India doubles import tax on textile products, may hit China
India doubled the import tax on more than 300 textile products to 20 percent on Tuesday as the world’s biggest producer of cotton tries to curb rising imports from China.
Icahn urges Cigna shareholders to vote against Express Scripts deal
Activist investor Carl Icahn on Tuesday urged Cigna Corp shareholders to vote against the health insurer’s $52 billion purchase of Express Scripts Holding Co , citing regulatory hurdles and the growing threat from Amazon.
