01242017Tue
Last update: Tue, 24 Jan 2017 03am

Americas

Markets - Equity - Americas

Wall St dips as investors turn defensive NEW YORK: U.S. stocks declined on Monday to put the S&P 500 on track for its worst session of the year as early signals from President Donald Trump highlighting a protectionist stance on trade put investors on the defensive.In his latest executive order, Trump signed to formally withdraw the United States from the 12-nation Trans-Pacific partnership trade deal.Trump has also vowed to renegotiate the North American Free Trade Agreement (NAFTA) with leaders of Canada and Mexico."Given that the President's first order of business is challenging trade deals, it has probably caught a number of optimistic investors off balance," said Jack Ablin, chief investment officer at BMO Private Bank in Chicago."Investors were positioning for tax cuts and regulatory rollbacks out of the gate. Perhaps they are impatient but they are certainly disappointed."Earlier in the day, Trump met with a dozen prominent American manufacturers at the White House and said he would ...

Markets - Equity - Americas

US stocks fall amid fear of Trump protectionism NEW YORK: Wall Street stocks declined early Monday to open the first week of the Trump administration amid lingering anxiety over the new president's stances on international trade.Some analysts said stock buying was limited by unease over President Donald Trump's protectionist inaugural address, which was followed up Sunday by an announcement that he would begin renegotiating the North America Free Trade Agreement and by news he was planning to officially walk away from the Trans-Pacific ...

Markets - Equity - Americas

US stocks cut gains at midday after Trump speech NEW YORK: Wall Street stocks gave up some of their early gains around midday Friday after Donald Trump was inaugurated as the 45th president of the United States and Barack Obama left office.Around 12:50 pm (1750 GMT), the Dow Jones Industrial Average was at 19,780.45, up 0.2 percent, but about 60 points below its session high.The broad-based S&P 500 dipped 0.2 percent to 2,267.76, while the tech-rich Nasdaq Composite Index added 0.1 percent at 5,547.65.In ...

Markets - Equity - Americas

Wall St trims gains as President Trump speaks NEW YORK: US stocks trimmed gains at midday on Friday, shortly after Donald Trump started his inaugural speech during his swearing-in as the 45th US president. The Dow Jones Industrial Average was up 50.88 points, or 0.26 percent, at 19,783.28, the S&P 500 was up 5.41 points, or 0.24 percent, at 2,269.1 and the Nasdaq Composite was up 10.56 points, or 0.19 percent, at 5,550.65. Copyright Reuters, 2017 ...

Markets - Equity - Americas

Wall St rises as Trump inauguration kicks off NEW YORK: US stocks rose amid gains across sectors on Friday as Donald Trump gets set to become the 45th president of the United States.Trump will be sworn in by US Supreme Court Chief Justice John Roberts in Washington. Investors will focus on Trump's inaugural speech to get more insight into his economic policies. "There is a lot of optimism and renewed hope for better things to come," said Sean O'Hara, president of Pacer ETFs. ...

Markets - Equity - Americas

US stocks rise ahead of Trump inauguration NEW YORK: Wall Street stocks opened higher Friday ahead of the presidential inauguration of Donald Trump amid expectations of pro-growth economic policies from the new administration.Trump's election in November, coupled with the Republican sweep of Congress, raised expectations for business-friendly policies, including tax cuts and regulatory rollbacks. US stocks bulldozed to multiple records in November and December, although the market has been choppy in recent weeks."The axiom that has made the rounds in recent weeks ...

Markets - Equity - Americas

TSX rises as energy, financials and industrials gain TORONTO: Canada's main stock index rose on Thursday as oil prices rose and the energy, financial and industrial groups gained ground. The Toronto Stock Exchange's S&P/TSX composite index was up 17.50 points, or 0.11 percent, at 15,415.35, shortly after the open. Seven of the index's 10 main groups were higher. Copyright Reuters, 2017 ...