WALL STREET

Ackman sees path to possible U.S. listing for Universal, working on next deal

William Ackman, whose blank check acquisition company struck a deal to buy 10% of Universal Music Group (UMG) last week,…

4 years ago

Nasdaq hits record high as factory activity scales new peak

The Nasdaq hit an all-time high on Wednesday, helped by a boost from Tesla's shares, with investors cheering data showing…

4 years ago

Tech leads way to Wall Street rebound as Powell promises steady hand

Wall Street rebounded Tuesday as Federal Reserve Chairman Jerome Powell vowed not to raise rates too quickly as the dollar…

4 years ago

Stocks recover from 4-week lows as focus switches back to post-pandemic growth

Global shares extended their recovery on Tuesday from four week lows, as investors focused on prospects for post-pandemic economic growth,…

4 years ago

Wall Street ends sharply higher, led by Dow surge

Wall Street rallied on Monday, with the Dow completing its strongest session in over three months as investors piled back…

4 years ago

Wall St rebounds after Fed-induced pullback

Wall Street's main indexes were set to open higher on Monday as financials and energy stocks rebounded after hawkish comments…

4 years ago

U.S. labor market healing despite unexpected rise in weekly jobless claims

The number of Americans filing new claims for unemployment benefits increased last week for the first time in 1-1/2 months,…

4 years ago

‘Meme’ stock prices may not properly reflect demand -NYSE president

The prices of so-called meme stocks may be distorted because the majority of trades in those names are executed away…

4 years ago

Wall Street closes lower as Fed officials project rate hikes for 2023

The three main Wall Street indexes all closed down on Wednesday, as U.S. Federal Reserve officials unnerved investors with indications…

4 years ago

Asian shares rise in early trade, investors eye Fed meeting

Asian shares rose early on Tuesday, tracking Wall Street higher, though investors looked to a much-anticipated Federal Reserve policy meeting…

4 years ago