Finance

The S&P 500 nabs another all-time closing high ahead of Jackson Hole

Wall Street gained ground on Wednesday, with chipmakers and financials helping to push the S&P 500 and the Nasdaq to record closing highs as investors look to the upcoming Jackson Hole Symposium for assurances that Federal Reserve’s timeline for policy tightening remains intact.

Marketmind: Europe’s powerhouse just isn’t feeling it

As the COVID-19 Delta variant and supply chain disruptions persist globally, damage inflicted on business sentiment in Europe’s biggest economy could become clear in Wednesday’s Ifo German business sentiment index.

S&P 500 slips after Fed minutes show split over jobs, taper

The S&P 500 and the Dow industrials fell modestly on Wednesday after the release of minutes from the Federal Reserve’s policy meeting last month showed officials felt the employment benchmark for decreasing support for the economy “could be reached this year.”

Crypto exchange Binance hires former US Treasury criminal investigator

Binance said on Wednesday it had appointed a former U.S. Treasury criminal investigator as its global money laundering reporting officer, part of an attempt by one of the world’s largest crypto exchanges to reinvent itself as a regulated financial firm.

Asian shares move off near year lows, NZ holds rates steady

Asian shares edged off near year-to-date lows on Wednesday despite Wall Street’s overnight declines, while New Zealand’s central bank defied expectations by not raising interest rates as the country is in lockdown due to cases of the COVID-19 Delta variant.

Carlsberg raises guidance as beer volumes recover

Danish brewer Carlsberg (CARLb.CO) raised its full-year earnings guidance on Wednesday after reporting second-quarter sales above expectations as beer volumes exceeded pre-pandemic levels.

The S&P 500 nabs another all-time closing high ahead of Jackson Hole

Wall Street gained ground on Wednesday, with chipmakers and financials helping to push the S&P 500 and the Nasdaq to record closing highs as investors look to the upcoming Jackson Hole Symposium for assurances that Federal Reserve’s timeline for policy tightening remains intact.

Marketmind: Europe’s powerhouse just isn’t feeling it

As the COVID-19 Delta variant and supply chain disruptions persist globally, damage inflicted on business sentiment in Europe’s biggest economy could become clear in Wednesday’s Ifo German business sentiment index.

S&P 500 slips after Fed minutes show split over jobs, taper

The S&P 500 and the Dow industrials fell modestly on Wednesday after the release of minutes from the Federal Reserve’s policy meeting last month showed officials felt the employment benchmark for decreasing support for the economy “could be reached this year.”

Crypto exchange Binance hires former US Treasury criminal investigator

Binance said on Wednesday it had appointed a former U.S. Treasury criminal investigator as its global money laundering reporting officer, part of an attempt by one of the world’s largest crypto exchanges to reinvent itself as a regulated financial firm.

Asian shares move off near year lows, NZ holds rates steady

Asian shares edged off near year-to-date lows on Wednesday despite Wall Street’s overnight declines, while New Zealand’s central bank defied expectations by not raising interest rates as the country is in lockdown due to cases of the COVID-19 Delta variant.

Carlsberg raises guidance as beer volumes recover

Danish brewer Carlsberg (CARLb.CO) raised its full-year earnings guidance on Wednesday after reporting second-quarter sales above expectations as beer volumes exceeded pre-pandemic levels.

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