Market Pulse - Usa
Jan 24
New York Stock Exchange, NYSE, markets, Wall Street, US. Photo: Grant Wickes
US close: Stocks record further losses as CDC confirms another case of coronavirus

Wall Street stocks closed lower on Friday after the World Health Organization branded the Wuhan coronavirus an "emergency in China" and the US saw its second reported case of the virus.

Jan 24
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Intel surges after topping Q4 estimates

Chipmaker Intel posted strong fourth-quarter earnings overnight that were boosted by an upswing in personal-computer shipments and robust demand for chips to power data centres.

Jan 24
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Hawkin's Bazaar collapses putting 200 jobs at risk

Toy chain Hawkin’s Bazaar collapsed into administration on Friday putting almost 200 jobs at risk with most of its stores readying for closure.

Jan 24
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Lagarde and Mnuchin clash on energy transition strategies

ECB President Christine Lagarde and US Treasury Secretary Steve Mnuchin have clashed at the World Economic Forum in Davos over how the world should transition to cleaner energies.

Jan 24
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American Express guides higher for 2020, pushing shares to record high

Shares in financial services giant American Express notched up a fresh record high as the company beat estimates on the Street for both its fourth quarter revenue and earnings, and guided higher on both its top and bottome lines.

Jan 24
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US open: Stocks record small gains as earnings overshadow coronavirus fears

Wall Street stocks recorded some small gains at the bell on Friday despite the World Health Organization branding the Wuhan coronavirus an "emergency in China" the day before.

Jan 24
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US pre-open: Futures point to early gains as coronavirus fears fade

US futures were pointing to some modest gains ahead of the bell on Friday despite the World Health Organization branding the Wuhan coronavirus an "emergency in China" yesterday.

Jan 24
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US Fed meeting will decide if 'irrational exuberance' extends into Q1, BofA says

You should "sell" as the S&P 500 nears the 3,500 point mark and if you are wondering what the level of "irrational exuberance" is that would prompt the US central bank, the Federal Reserve, to raise interest rates, for the Nasdaq Composite that level would come in at about 10,600 points, a top-rated strategy team said.

Jan 23
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US close: Mixed close on the Street as WHO tries to calm coronavirus concerns

Wall Street stocks turned in a mixed performance on Thursday as the spread of the Chinese coronavirus continued to dampen the mood in global capital markets.

Jan 23
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US officials believe trade deals with UK and EU possible by year-end 2020

The US has raised the prospect that trade deals with both the United Kingdom and the European Union could be in place by year-end 2020.

Jan 23
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US open: Early losses as coronavirus outbreak remains in focus

Wall Street stocks recorded some early losses at the bell on Thursday as the spread of the Chinese coronavirus continued to dampen the mood in global capital markets.

Jan 23
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US leading index drops but continues to point towards modest economic growth

A closely-followed gauge of economic activity in the States turned slightly lower at the end of 2019, but continued to point towards growth of around 2. 0% in the early part of the current year.

Jan 23
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Hg invests in medical imaging software firm Intelerad

Specialist private equity investor Hg has finalised an agreement for an investment in medical imaging software and enterprise workflow specialist Intelerad Medical Systems.

Jan 23
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Weekly US jobless claims continue to undershoot forecasts, economists upbeat

A key leading indicator of joblessness in the US continued to point to better-than-expected conditions.

Jan 23
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Trump dilutes new environmental legislation after BP lobbying

Trump watered down a landmark environmental law which could allow major infrastructure projects to avoid certain checks after BP lobbied against it.

Jan 23
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US pre-open: Futures point to flat open as coronavirus fears persist

US futures were pointing to a broadly flat open on Thursday as the spread of a new Chinese coronavirus continued to dampen the mood in global capital markets.

Jan 22
New York Stock Exchange, NYSE, markets, Wall Street, US. Photo: Grant Wickes
US close: Mixed performance on the Street as earnings remain in focus

US stocks turned in a mixed performance on Wednesday as corporate releases continued to stream in and focus remained on the spread of a deadly virus in China.

Jan 22
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US open: Dow breaches 29,300 again as traders look past coronavirus outbreak

US stocks opened higher on Wednesday as corporate releases continued to stream in and investors shrugged off concerns about the spread of a deadly virus in China.

Jan 22
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Jeff Bezos's phone hacked by crown prince of Saudi Arabia

The Amazon founder Jeff Bezos has suffered a mobile hack in 2018 by the crown prince of Saudi Arabia, reported the Guardian on Wednesday.

Jan 22
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US pre-open: Stocks seen up as Wall Street shrugs off coronavirus fears

US futures were pointing to some early gains on Wednesday ahead of an array of corporate releases as investors seemingly shrug off concerns about the spread of a deadly virus in China.