Equity News Results

  • U.S. Stocks Open Higher as Hopes Build for More Stimulus

    Global stocks rose Wednesday as social unrest across the U.S. showed signs of calming, and investors bet economic activity will improve with the ebbing of coronavirus infections and additional government spending to shore up the recovery. The S&P 500 gained 0.7% in early New York trading, while the Dow Jones Industrial Average added 222 points, or 0.9%. The Nasdaq Composite rose 0.3%.

  • Stocks open higher, aim for fourth day of gains after private-sector jobs report is better than feared

    U.S. stocks rose at the start of trade Wednesday as investors focused on signs of a rebounding global economy and a report from payroll firm ADP, which showed far fewer private-sector job losses in May than economists were expecting. The Dow Jones Industrial Average rose 222 points, or 0.9%, to 25,965, the S&P 500 index gained 21 points, or 0.7% to about 3,102 and the Nasdaq Composite index advanced 26 points, or 0.3% to trade at 9,640. ADP said the private sector shed 2.76 million jobs...

  • Treasury yields rise on global equity gains, employment data

    Treasury yields rose slightly on Wednesday in line with the buoyancy in global equity markets as investors eyed the easing of lockdown measures, while largely disregarding the civil unrest roiling the country. The 10- year Treasury note yield rose 3 basis points to 0.710%. The 2- year note rate picked up a basis point to trade at 0.178%, while the 30- year bond yield climbed 4.3 basis points to 1.522%.

  • Dow futures up 160 points as investors await private-sector jobs report

    By Mark DeCambre, MarketWatch, Sunny Oh. The stock market has so far ignored civil unrest playing out across America. U.S. stock-index futures looked to extend their gains on Wednesday, a day after major equity benchmarks closed at their early March highs, as investors awaited an important indicator of the labor market's health.

  • US STOCKS-Futures buoyed by optimism over economic revival

    * Futures up: Dow 0.76%, S&P 0.50%, Nasdaq 0.40% By Medha Singh. U.S. stock index futures climbed on Wednesday, with Nasdaq futures inching closer to a record high as investors remained optimistic about an economic rebound from a coronavirus-led slump amid continuing social unrest.

  • Global Stocks Rise as Hopes Build for More Stimulus

    Global stocks rose Wednesday as social unrest across the U.S. showed signs of calming, and investors bet economic activity will improve with the ebbing of coronavirus infections and additional government spending to shore up the recovery. Futures linked to the S&P 500 gained 0.5%, indicating the benchmark index will rally after the opening bell. The gauge is less than 10% off the record high it hit in February.

  • Euro set for seventh day of gains, dollar loses to riskier assets

    * Euro/Swiss franc highest since January. * Dollar index falls to nearly three-month low. * Australian dollar highest in five months vs US dollar. * Norwegian crown best G10 currency year-to-date. * Graphic: World FX rates in 2019 http://tmsnrt.rs/2egbfVh. By Olga Cotaga.

  • EMERGING MARKETS-Currencies at 11-week high as stimulus, upbeat data fuel recovery hopes

    * China services sector returns to growth. * South Korean shares gain on fresh stimulus. * Russian services PMI picks up from April's record low. * Weak lira bad sign for Turkey inflation - analyst. By Susan Mathew.

  • GLOBAL MARKETS-Global shares hit 3-month highs on economic recovery hopes

    * Graphic: World FX rates in 2020 http://tmsnrt.rs/2egbfVh. * Reuters Live Markets blog on European and UK stock markets: By Elizabeth Howcroft. World shares hit three-month highs on Wednesday and the dollar fell for the sixth day running as easing lockdowns and hopes for more monetary stimulus gave investors confidence, despite civil unrest in the United States and rising COVID-19 tolls.

  • European shares rise on upbeat China data; Renault jumps

    European shares joined a global rally on Wednesday as signs of a pickup in China's services activity offset concerns about Sino-U.S. trade tensions and widespread civil unrest in the United States. The pan-European STOXX 600 rose 0.8% by 0714 GMT, holding near a three-month high.

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