The S&P 500 (.SPX) and Dow Jones Industrial Average (.DJI) posted closing record highs on the first trading day of the year on Monday, helped by gains in Tesla Inc (TSLA.O)and bank shares.
Apple (AAPL.O) on Monday became the first publicly traded company with a stock market value of over $3 trillion, marking the latest milestone in the Silicon Valley heavyweight’s spectacular stock surge since introducing the iPhone in 2007.
Exxon Mobil Corp’s (XOM.N) fourth quarter profit should top Wall Street’s consensus and surpass its pre-pandemic levels, lifted by better-than-expected earnings from oil and gas, analysts said.
Oil prices were largely steady on Tuesday as investors expected major producers to agree to stick to their planned output increase at their meeting later in the day amid diminishing concerns over the spread of the Omicron variant of COVID-19.
The U.S. dollar reached its strongest level in nearly five years against the Japanese yen on Tuesday, lifted by a jump in Treasury yields as traders bet on an early Federal Reserve interest rate hike despite surging COVID-19 cases.
China said on Tuesday it would put in force new rules that will boost oversight over how its platform companies make plans to list abroad or use recommendation algorithms, in moves set to tighten Beijing’s grip over its sprawling technology sector.
Apple Inc (AAPL.O) on Monday became the first company to hit a $3 trillion stock market value, before ending the day a hair below that milestone, as investors bet the iPhone maker will keep launching best-selling products as it explores new markets such as automated cars and virtual reality.
U.S. banks have been more proactive than other industries in encouraging employees back to the office, but those plans have come under renewed scrutiny due to the rapid spread of the Omicron coronavirus variant.
Mercedes-Benz (DAIGn.DE) on Monday took the wraps off its battery-powered VISION EQXX prototype which it says will have a range of more than 1,000 kilometres (km) per charge, taking a big stride in its electric vehicle (EV) ambitions.
Major U.S. retailers’ longer return policies, launched during the pandemic this year to lure consumers, could leave them facing much higher costs if shoppers bring back a record-setting $112 billion in gifts bought during the extended holiday shopping season.
The S&P 500 (.SPX) and Dow Jones Industrial Average (.DJI) posted closing record highs on the first trading day of the year on Monday, helped by gains in Tesla Inc (TSLA.O)and bank shares.
Apple (AAPL.O) on Monday became the first publicly traded company with a stock market value of over $3 trillion, marking the latest milestone in the Silicon Valley heavyweight’s spectacular stock surge since introducing the iPhone in 2007.
Exxon Mobil Corp’s (XOM.N) fourth quarter profit should top Wall Street’s consensus and surpass its pre-pandemic levels, lifted by better-than-expected earnings from oil and gas, analysts said.
Oil prices were largely steady on Tuesday as investors expected major producers to agree to stick to their planned output increase at their meeting later in the day amid diminishing concerns over the spread of the Omicron variant of COVID-19.
The U.S. dollar reached its strongest level in nearly five years against the Japanese yen on Tuesday, lifted by a jump in Treasury yields as traders bet on an early Federal Reserve interest rate hike despite surging COVID-19 cases.
China said on Tuesday it would put in force new rules that will boost oversight over how its platform companies make plans to list abroad or use recommendation algorithms, in moves set to tighten Beijing’s grip over its sprawling technology sector.
Apple Inc (AAPL.O) on Monday became the first company to hit a $3 trillion stock market value, before ending the day a hair below that milestone, as investors bet the iPhone maker will keep launching best-selling products as it explores new markets such as automated cars and virtual reality.
U.S. banks have been more proactive than other industries in encouraging employees back to the office, but those plans have come under renewed scrutiny due to the rapid spread of the Omicron coronavirus variant.
Mercedes-Benz (DAIGn.DE) on Monday took the wraps off its battery-powered VISION EQXX prototype which it says will have a range of more than 1,000 kilometres (km) per charge, taking a big stride in its electric vehicle (EV) ambitions.
Major U.S. retailers’ longer return policies, launched during the pandemic this year to lure consumers, could leave them facing much higher costs if shoppers bring back a record-setting $112 billion in gifts bought during the extended holiday shopping season.
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