Equity News Results

  • GLOBAL MARKETS-World stocks notch best day in 5 months; oil, govt bond yields up

    * Dollar near three-year high vs yen. * U.S. stocks rally as Goldman posts solid Q3 profits. * FTSE 100 recovers all ground lost in pandemic. * Oil prices back near multi-year highs. * Bitcoin within sight of record high. By Koh Gui Qing.

  • Eyeing higher inflation and volatility, investors turn more selective - fund managers

    Global investors are looking harder for pockets of opportunity and becoming more selective in their fixed income and equity allocations, some fund managers told Reuters, anticipating volatility spurred by quicker inflation and uncertainty around central bank policy.

  • GRAINS-Chicago corn, soybean futures bounce on technical buying, potential export demand

    * CBOT corn, soy firm on renewed hopes of increased exports. * CBOT wheat turns higher on Paris rally. * U.S. soybean crush hits three-month low in September. By P.J. Huffstutter. CHICAGO, Oct 15 - Chicago corn and soybean futures prices rose on Friday, supported by technical buying and renewed hopes of export demand, while wheat prices were boosted by a rally in the European market, traders said.

  • European stocks mark best week in seven months

    * STOXX 600 up 0.7%; rises 2.6% on the week. * Hugo Boss boosted by forecast lift. * Rio Tinto slips on production cut. By Sruthi Shankar. European stocks marked their best weekly performance in seven months on Friday, as a bright start to the earnings season helped ease investor concerns about higher inflation.

  • U.S. business inventories rise solidly, but auto stocks fall

    U.S. business inventory accumulation increased solidly in August, though motor vehicle retailers continued to struggle to restock amid an ongoing global semiconductor shortage, which is forcing automobile manufacturers to cut production. Business inventories rose 0.6% after a similar gain in July, the Commerce Department said on Friday. Inventories increased 7.4% on a year-on-year basis in August.

  • U.S. business inventories rise solidly, but auto stocks fall

    U.S. business inventory accumulation increased solidly in August, though motor vehicle retailers continued to struggle to restock amid an ongoing global semiconductor shortage, which is forcing automobile manufacturers to cut production. Business inventories rose 0.6% after a similar gain in July, the Commerce Department said on Friday. Inventories increased 7.4% on a year-on-year basis in August.

  • Wall St climbs after week of strong bank results; market set for weekly gains

    U.S. stocks rose on Friday as Goldman Sachs (GS) was the latest big bank to report strong results and better-than-expected retail sales eased worries about demand. The three major stock indexes were on track to post gains for the week as well. Goldman Sachs Group (GS) jumped 3.4%, giving the Dow its biggest boost, as a record wave of dealmaking activity drove a surge in the bank's quarterly profit.

  • EUROPEAN MIDDAY BRIEFING: Airlines, Energy Majors Lift Stocks

    European shares posted modest gains Friday, supported by travel, energy and bank stocks. In London, the FTSE 100 continued to rally, hitting a 19- month high, as the travel sector was lifted by the easing of coronavirus testing rules for travelers returning to England. Energy shares rose on higher oil prices while U.K. banks rallied after strong earnings from U.S. rivals.

  • European stocks mark best week in seven months

    - European stocks marked their best weekly performance in seven months on Friday, as a bright start to the earnings season helped ease investor concerns about higher inflation. The pan-European STOXX 600 index rose 0.7% to close at a one-month high, ending the week with a 2.6% gain after a sharp rebound in risk appetite in the past two sessions.

  • Regional bank loan growth could hint at healthier supply chains

    If regional banks show signs of accelerating loan growth when they report earnings in the week ahead, it could signal an easing of the supply chain bottlenecks that have weighed down the U.S. economic recovery from the pandemic, analysts and investors said.

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