tag Wall Street

Summer rumblings could herald a stormy fall for U.S. stocks

EghtesadOnline: The Trump-fed rally in stocks, lately showing signs of faltering as the long Wall Street summer nears its end, faces a key test in the weeks ahead with the approach of a historically unkind season for equities and a clutch of issues - such as raising the debt ceiling - awaiting the return of lawmakers to Washington.
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Publish Date:19/August/2017 | 08:59

U.S. regulators look at Volcker Rule, a sign they hear Wall Street

EghtesadOnline: U.S. financial regulators on Monday discussed the Volcker rule governing banks' speculative trading, tackling one of Wall Street 's biggest concerns and a sign President Donald Trump's administration is listening to banks' wishes about reforms resulting from the financial crisis.
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Publish Date:09/May/2017 | 04:46

Wall Street fears end of boom as automakers' April U.S. sales drop

EghtesadOnline: Major automakers on Tuesday posted declines in U.S. new vehicle sales for April in a sign the long boom cycle that lifted the American auto industry to record sales last year is losing steam, sending carmaker stocks down.
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Publish Date:03/May/2017 | 04:45

Stocks up, formal Brexit start casts shadow over sterling

EghtesadOnline: European shares rose on Wednesday, following Wall Street 's late surge, while sterling was the biggest loser on major currency markets ahead of the formal triggering of Britain's exit process from the European Union later in the day.
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Publish Date:29/March/2017 | 09:10

Wall Street drifts with eyes on Fed; Intel drops

EghtesadOnline: U.S. stocks ended little changed in light volume on Monday, with traders eyeing a Federal Reserve meeting expected to result in an interest rate increase later this week.
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Publish Date:14/March/2017 | 06:29

Wall Street slips on wiretap accusation, geopolitical worries

EghtesadOnline: U.S. stocks opened lower on Monday amid losses across sectors as investors' appetite for risk was curbed by geopolitical tensions in Asia and President Donald Trump's accusation that his predecessor, Barack Obama, wiretapped him.
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Publish Date:07/March/2017 | 05:40

Warren Buffett rails against fee-hungry Wall Street managers

EghtesadOnline: Billionaire Warren Buffett, whose stock picks over several decades have enriched generations of Berkshire Hathaway Inc (BRKa.N) shareholders, delivered a black eye to the investment industry on Saturday, urging ordinary investors to buy plain-vanilla index funds.
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Publish Date:26/February/2017 | 10:46

White House Chaos Doesn’t Bother the Stock Market

EghtesadOnline: Follow the money: it’s a classic Washington catchphrase. And if you follow the money on Wall Street right now, it’s hard to see how all that chaos in the White House you’ve been reading about adds up to much for the financial markets.
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Publish Date:18/February/2017 | 04:33

Apple, banks push Wall Street to all-time high

EghtesadOnline: Major U.S. stock indexes established record highs on Tuesday, led by bank stocks after Federal Reserve Chair Janet Yellen said it would be unwise to wait too long to raise interest rates.
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Publish Date:15/February/2017 | 05:26

Wall Street stands with two Fed-hike outlook for 2017: Reuters poll

EghtesadOnline: Wall Street 's top banks expect just two rate hikes from the Federal Reserve this year and see only modest risk to the U.S. central bank being pressed into a more aggressive pace of monetary policy tightening, a Reuters poll showed on Friday.
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Publish Date:04/February/2017 | 13:44

Trump ignites political fight over U.S. banking law reforms

EghtesadOnline: U.S. President Donald Trump on Friday ordered reviews of major banking rules that were put in place after the 2008 financial crisis, drawing fire from Democrats who said his order lacked substance and squarely aligned him with Wall Street bankers.
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Publish Date:04/February/2017 | 05:15

Wall St. edges up on gains in consumer stocks

EghtesadOnline: U.S. stocks reversed course and were up slightly on Thursday, as a rise in consumer shares helped offset losses in financials, but investors remained cautious over President Donald Trump's isolationist policies.
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Publish Date:02/February/2017 | 17:46

Wall St. slightly lower at open

EghtesadOnline: U.S. stocks were slightly lower at the open on Friday as investors took a breather following the Dow Jones Industrial Average's three-day winning streak, which has kept the index firmly above the 20,000 mark.
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Publish Date:27/January/2017 | 19:26

Boosted by Apple, Wall Street parties like it's 19,999

EghtesadOnline: The Dow came within one point of 20,000 for the first time on Friday and the Nasdaq and S&P 500 reached record highs, boosted by Apple, extending a two-month rally fueled by optimism about U.S. President-elect Donald Trump.
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Publish Date:07/January/2017 | 05:32