S&P 500 declines with transports oil extends recent rally S&P 500 declines with transports; oil extends recent rally: The S&P 500 ended lower following a drop in technology and transportation shares on Thursday, while oil prices extended their recent rally. The S&P 500, along with the Nasdaq, reversed gains […]
Current Business Updates in USA.
Asian shares pull back after U.S. techs knocked off highs Asian shares pull back after U.S. techs knocked off highs: Â Asian stock markets sagged on Friday after U.S. tech shares retreated from recent rallies, though optimism about U.S. corporate earnings and the global economy underpinned overall sentiment. MSCI’s broadest index […]
Chipotle links sick worker to latest Norovirus outbreak Chipotle links sick worker to latest Norovirus outbreak: Chipotle Mexican Grill Inc (CMG.N) is retraining kitchen crews on food safety and enforcing a zero-tolerance policy for employees refusing to abide by new rules, after identifying a sick employee as the cause of […]
AT&T’s quarterly profit tops Wall Street estimates, shares rise AT&T’s quarterly profit tops Wall Street estimates, shares rise: AT&T Inc’s (T.N) quarterly profit topped Wall Street estimates on Tuesday as the No. 2 U.S. wireless carrier lowered operating costs and introduced new promotions bundling video with phone service that helped […]
IMF keeps global growth forecasts; China, eurozone revised higher IMF keeps global growth forecasts; China, eurozone revised higher: The International Monetary Fund on Monday kept its growth forecasts for the world economy unchanged for this year and next, although it slightly revised up growth expectations for the eurozone and China. […]
Asian shares slip as risk appetite ebbs, dollar sulks Asian shares slip as risk appetite ebbs, dollar sulks: Asian stocks slipped on Monday as demand for riskier assets ebbed after their recent strong gains, while the European Central Bank’s apparent equanimity at the euro’s two-year highs left the dollar languishing. […]
Oil gains ahead of producer meeting; Nigeria, Libya output in focus Oil gains ahead of producer meeting; Nigeria, Libya output in focus: Oil prices gained on Monday after a steep fall the session before, buoyed by expectations that a joint OPEC and non-OPEC meeting later in the day may address […]
