Wall St Week Ahead Investors wonder when vicious sell-off in US stocks will end

A specialist trader works on the floor of the New York Stock Exchange (NYSE) in New York City, US, September 22, 2022. REUTERS / Brendan McDermid Register now for FREE unlimited access to Reuters.com Register NEW YORK, Sept 23 (Reuters) – A week of heavy selling has rocked US stocks and bonds, and many investors … Read more

US labor market resilient as recession signals grow stronger

Weekly jobless claims increase 5,000 to 213,000 Continuing claims drop 22,000 to 1.379 million WASHINGTON, Sept 22 (Reuters) – The number of Americans filing new claims for unemployment benefits increased moderately last week, indicating the labor market remains tight despite the Federal Reserve’s attempt to cool demand with aggressive interest rate increases. The weekly unemployment … Read more

Wall Street ends down for third day as growth concerns weigh on tech

Register now for FREE unlimited access to Reuters.com Register Tech stocks down in aftermath of Fed’s latest rate move Investors concerned about possibility of recession Darden Restaurants falls on downbeat quarterly sales JetBlue posts lowest close since March 2020 Indexes down: Dow 0.35%, S&P 0.84%, Nasdaq 1.37% Sept 22 (Reuters) – Major Wall Street indexes … Read more

Yen spikes after Japan intervention, stocks slump

Japan intervenes after dollar / yen breaks 145 Central bank bonanza as UK, Swiss, Norway hike Stocks slump on Wall Street, in Europe, Asia Bond yields rise after Fed rate hike NEW YORK / LONDON, Sept 22 (Reuters) – The yen spiked higher on Thursday after the Federal Reserve’s strong stance on rates the day … Read more

William and Harry stand vigil with cousins ​​at queen’s coffin

Queen Elizabeth’s grandchildren hold vigil Line to see queen’s coffin stretches for 11 hours World leaders start arriving in London for funeral LONDON, Sept 17 (Reuters) – Princes William and Harry stood vigil at either end of the coffin of their grandmother Queen Elizabeth on Saturday, heads bowed as a line of mourners streamed past … Read more

US retail sales unexpectedly rise, but inflation hampering spending

Retail sales increase 0.3% in August July data revised down to show sales falling 0.4% Core retail sales unchanged; July sales revised lower Weekly jobless claims fall 5,000 to 213,000 Manufacturing production edges up 0.1% in August WASHINGTON, Sept 15 (Reuters) – US retail sales unexpectedly rebounded in August as Americans ramped up purchases of … Read more

US stocks slip while yields rise, Fed in focus

Register now for FREE unlimited access to Reuters.com Register Fed looms over broader markets, dollar rises Oil tumbles on demand concerns, US rail strike averted Treasury yields climb while oil gold tumbles NEW YORK, Sept 15 (Reuters) – Wall Street indexes were firmly in the red after a choppy start to Thursday’s session while bond … Read more

Wall St staggers to higher close as Fed rate hike looms

Register now for FREE unlimited access to Reuters.com Register Market sees 22% likelihood of a 100 bps rate hike from Fed -CME Railroad stocks drop amid negotiations to avoid strike Indexes up: Dow 0.10%, S&P 0.34%, Nasdaq 0.74% NEW YORK, Sept 14 (Reuters) – Wall Street ended a directionless session higher on Wednesday as an … Read more

King Charles, William and Harry reunited in grief to escort queen’s coffin

Queen’s coffin taken from palace to parliament William and Harry in royal procession Four days of lying in state Long queues as people wait hours to see coffin LONDON, Sept 14 (Reuters) – King Charles, his sons Princes William and Harry and other senior royals joined a solemn procession taking Queen Elizabeth’s coffin as the … Read more

US job growth solid in August; labor market pressure starting to ease

Nonfarm payrolls increase 315,000 in August Unemployment rate rises to 3.7% from 3.5% in July Average hourly earnings gain 0.3%; up 5.2% year-on-year Average workweek dips to 34.5 hours from 34.6 hours WASHINGTON, Sept 2 (Reuters) – US employers hired more workers than expected in August, but moderate wage growth and a rise in the … Read more