Wall Street dragged down by Amazon, tech weakness
(Reuters) – A dreadful week for technology stocks worsened on Monday as Amazon and Tesla shares fell further, setting a grim tone for markets already worried about China’s decision to raise import tariffs on U.S. products.
Amazon shares fall 4 percent as Trump renews attack
(Reuters) – Shares of Amazon.com Inc fell 4 percent on Monday after U.S. President Donald Trump again attacked the online retailer over the pricing of its deliveries through the United States Postal Service and promised unspecified changes.
Hudson’s Bay shares drop after security breach at Saks, Lord & Taylor stores
TORONTO (Reuters) – Hudson’s Bay shares dropped on Monday after the Canadian department store operator reported security breaches at some of its Saks Fifth Avenue, Saks OFF 5th and Lord & Taylor stores on Sunday.
Tesla shares fall again ahead of Model 3 production numbers
(Reuters) – Shares of Tesla Inc fell 8 percent on Monday, ahead of the electric car maker’s announcement of quarterly production numbers for its crucial Model 3 sedan.
Wall St. to open lower as China tariffs revive trade war fears
(Reuters) – Wall Street was set to start the second quarter on a downbeat note on Monday as China’s decision to raise import tariffs on U.S. products revived global trade war fears and technology stocks remained under pressure.
Tesla shares down five percent ahead of Model 3 production numbers
(Reuters) – Shares of Tesla Inc fell 5 percent in premarket trading on Monday ahead of the electric car maker’s announcement of quarterly production numbers for its crucial Model 3 sedan.
Trump, Abe to discuss trade after U.S. aluminum, steel tariffs-White House
WASHINGTON (Reuters) – U.S. President Donald Trump will discuss “reciprocal trade and investment ties” with Japan’s prime minister Shinzo Abe during a visit later this month, the White House said on Monday.
Latin American nations compete for capital in surge of oil auctions
HOUSTON (Reuters) – For decades, many Latin America’s oil-producing nations have often shunned investment from foreign firms, instead keeping their vast reserves under the tight control of governments and state-run oil companies.
Stock futures slip as trade concerns, tech worries persist
(Reuters) – U.S. stock index futures fell on the first trading day of the new quarter as China’s decision to raise import tariffs on U.S. products rekindled global trade war fears and technology stocks showed little signs of recovery.
Rare Japanese unicorn Mercari to targets rapid U.S. expansion
TOKYO (Reuters) – Japanese flea market app operator Mercari Inc targets rapid expansion in the United States, its founder and chief executive told Reuters on Monday, after a recent funding round boosted its value beyond $2 billion.
