S&P rises; technology helps Nasdaq hit intraday record
(Reuters) – The S&P 500 edged slightly higher on Tuesday, on track for its third straight day of gains, while Nasdaq hit an intraday record high with help from the technology and consumer discretionary sectors.
Expect frank trade talks at G7 summit: Canada official
OTTAWA (Reuters) – The Group of Seven leading industrial nations can expect frank discussions on trade at a summit this week, which U.S. President Donald Trump is expected to attend, a senior Canadian government official said on Tuesday.
Two Allergan shareholders call for split of chairman-CEO role
(Reuters) – Two of Allergan Plc’s shareholders, hedge funds Appaloosa Management and Senator Investment Group, asked the drugmaker’s board to split the role of chief executive officer and chairman as well as reconsider its acquisition strategy.
U.S. companies continued stock buyback frenzy in May: report
(Reuters) – U.S. companies continued a shopping spree for their own shares in May, making $173.6 billion in buyback announcements, the highest monthly total ever, according to a research report.
Microsoft launches program for women returning to work
SAN FRANCISCO (Reuters) – Microsoft Corp is stepping up its hiring of women seeking to rejoin the workforce, following a rash of complaints about sexual harassment and gender discrimination at the world’s largest software company.
Bank, healthcare stocks pressure S&P; Nasdaq hits record
(Reuters) – Declines in financial and healthcare stocks weighed on the S&P 500 and Dow on Tuesday, while strong gains in tech heavyweights lifted the Nasdaq to a record intra-day high.
Want to extend the bull market by $6 trillion? Add women
LONDON (Reuters) – The secret to unlocking a further $6 trillion of gains in global stocks and adding another ten years to this bull run? Forget tax cuts and share buybacks, women are key, according to research by S&P Global.
Twitter shares jump 5 percent as they win new follower: The S&P 500
NEW YORK (Reuters) – Consider it the ultimate “like” for a stock: Twitter Inc is joining the benchmark S&P 500 U.S. index, pushing the social media company’s stock price up 5 percent on Tuesday as demand surged from equities investors.
U.S. services sector activity picks up; job openings at record high
WASHINGTON (Reuters) – U.S. services sector activity accelerated in May, pointing to robust economic growth in the second quarter, but trade tariffs and a shortage of workers posed a threat to the outlook.
Tech propels Nasdaq to record; bank, health stocks weigh on S&P
(Reuters) – Strong gains in tech heavyweights lifted the Nasdaq to a record intra-day high on Tuesday, while declines in financial and healthcare stocks weighed on the S&P 500 and Dow.
