GLOBAL MARKETS-Tepid US data hits stocks, lifts Treasury yields to over 5-month high
Stocks snapped a three-day winning streak on Thursday as disappointing forecasts from Facebook and Instagram owner Meta hammered the tech sector, and Japan's yen sank through 155 per dollar for the first time since 1990. U.S. Treasury yields hit their...
GLOBAL MARKETS-Equities fall amid earnings gloom, as persistent inflation lifts Treasury yields
Stocks snapped a three-day winning streak on Thursday as disappointing forecasts from Facebook and Instagram owner Meta hammered the tech sector, and Japan's yen sank through 155 per dollar for the first time since 1990. Tepid U.S. GDP data pushed Wal...
Wall Street plunges after US inflation shock
US stock markets plunged amid fears of stagflation in the American economy, which grew at its slowest pace in nearly two years just as inflation jumped.
GLOBAL MARKETS-Tepid economic data weighs on equities; yen sinks to fresh lows
Stocks snapped a three-day winning streak on Thursday as disappointing forecasts from Facebook and Instagram owner Meta hammered the tech sector, and Japan's yen sank through 155 per dollar for the first time since 1990. Tepid U.S. GDP data pushed Wal...
South African backlash throws £31bn FTSE miner takeover into doubt
South Africa has thrown a £31bn bid for mining titan Anglo American into immediate doubt after its mineral resources minister criticised the deal.
GLOBAL MARKETS-Stocks struggle after Meta moodswings, tepid US GDP
Stocks snapped a three-day winning streak on Thursday as disappointing forecasts from Facebook and Instagram owner Meta hammered the tech sector, while FX markets watched Japan's yen sink through 155 per dollar for the first time since 1990. Tepid U.S...
Meta plunges, mega mining merger revealed
Megacap Meta revived Big Tech jitters on Wall St overnight as its pumped-up stock balked at an ostensibly decent earnings update late Wednesday - but the mining sector was abuzz about BHP's possible $39 billion mega bid for Anglo American. Either way,...
The U.K.’s FTSE 100 Is ‘Having the Time of Its Life’
European stocks were broadly lower early Thursday but there was no stopping the U.K.’s FTSE 100 Index, which was heading for another record high. The U.K.’s blue-chip index jumped 0.7% in morning trading, helped by strong gains for some of its largest...
REFILE-MORNING BID AMERICAS-Meta plunges, mega mining merger revealed
Either way, the Meta retreat has dragged Wall St stock futures back down about 0.5-1.0% ahead of Thursday's bell and ups the ante as the 'Magnificent 7' reports keep rolling in. With almost a third of the S&P500 reported already, nearly 80% have beat...
Trending tickers: Microsoft, Alphabet, Anglo American, IBM, Astrazeneca, Unilever and Sainsbury’s
The latest investor updates on stocks that are trending on Thursday.