07292016Fri
Last update: Fri, 29 Jul 2016 09am

Americas

Markets - Equity - Americas

Wall St ticks up with eyes on tech earnings NEW YORK: The S&P 500 edged higher on Thursday as investors looked beyond disappointing earnings from Ford and ahead to quarterly scorecards from technology heavyweights Alphabet and Amazon. The Dow Jones industrial average fell 15.96 points, or 0.09 percent, to 18,456.21, the S&P 500 gained 3.47 points, or 0.16 percent, to 2,170.05 and the Nasdaq Composite added 15.17 points, or 0.3 percent, to 5,154.98. Copyright Reuters, 2016 ...

Markets - Equity - Americas

Latam stocks fall on oil prices, company results SAO PAULO: Most Latin American stock markets fell slightly on Thursday after a dip in oil prices and after the US Federal Reserve left the door open to raising rates this year.Oil prices fell nearly 2 percent, hitting April lows while US crude headed for its biggest monthly loss in a year.The Federal Reserve left interest rates unchanged on Wednesday but policy makers appeared less worried about near term risks to the economy.The Mexican peso ...

Markets - Equity - Americas

European stocks fall on weak earnings NEW YORK: European stocks were under pressure Thursday following disappointing earnings reports, while Japanese stocks faltered ahead of a key central bank policy announcement.In Frankfurt, Volkswagen shares retreated after costs related to its 2015 diesel emissions cheating scandal hit quarterly earnings.In Paris, Carrefour shares dropped sharply following disappointing results due to low fuel prices, currency fluctuations and restructuring costs.London-listed Lloyds Banking Group fell as it announced it will axe another 3,000 jobs by 2017, partly ...

Markets - Equity - Americas

TSX ekes out gain on busy, mixed earnings day TORONTO: Canada's main stock index eked out a small gain on Thursday, helped by positive earnings surprises from Teck Resources and others, while disappointment over Potash Corp's dividend and outlook cut and other earnings misses weighed. The two materials stocks were emblematic of the mixed picture emerging from Canada's earnings season. Potash Corp fell 7.2 percent to C$20.95 after cutting its full-year profit forecast and dividend for a second time this year.Meanwhile, Teck Resources Ltd, ...

Markets - Equity - Americas

Latam currencies, stocks seesaw ahead of BoJ policy meeting SAO PAULO: Most Latin American currencies and stocks seesawed in thin trading volumes on Thursday as traders kept to the sidelines ahead of a Bank of Japan policy meeting.Tokyo's decision to unveil a $267 billion stimulus package lifted hopes that the BOJ could follow along and inject more money in the economy when it meets on Friday.Part of that capital could flow into emerging markets, which offer relatively high financial returns amid a global environment ...

Markets - Equity - Americas

Stocks fall on poor company results, dollar slides NEW YORK: Global stock markets fell on Thursday in the wake of disappointing US and European corporate results while the dollar took its biggest tumble in almost two months after the US Federal Reserve left unclear when it will raise interest rates. Expectations of further stimulus in Japan have dominated currency trading in recent weeks and overshadowed the US central bank's policy-setting statement on Wednesday, when the Fed indicated it was in no rush to ...

Markets - Equity - Americas

Facebook lifts Nasdaq; Dow edges down NEW YORK: Strong Facebook earnings boosted the Nasdaq early Thursday but failed to ignite a rally in the broad market, suggesting growing fatigue with a month-long stock rally.Facebook advanced 3.5 percent after reporting that net profit surged 186 percent to $2.05 billion on growing online advertising revenues.Still, "the broader market isn't being moved by Facebook's terrific earnings results," said Briefing.com analyst Patrick O'Hare."The lackluster response is indicative somewhat of a tired market, which has good ...