09292016Thu
Last update: Thu, 29 Sep 2016 11pm

Americas

Markets - Equity - Americas

US stocks flat ahead of Apple launch, Fed report NEW YORK: US stocks were little changed early Wednesday ahead of Apple's expected launch of a new iPhone and the Federal Reserve's "Beige Book" report assessing economic conditions around the country.Apple shares were flat a few hours before the San Francisco event, which could also see the introduction of a second-generation smartwatch.About 35 minutes into trade, the Dow Jones Industrial Average was at 18,524.94, down 0.1 percent.The broad-based S&P 500 lost less than 0.1 percent at 2,185.62, while the tech-rich Nasdaq Composite Index rose 0.1 percent to 5,281.54.Chipotle Mexican Grill advanced 6.2 percent after activist investor Bill Ackman disclosed a nearly 10 percent stake in the restaurant chain and said he plans to engage the company's board on discussions on strategy and business operations.Midsized oil company Apache jumped 8.6 percent as it announced a large new hydrocarbon discovery in Texas and raised its capital spending plan. Western Digital shot up ...

Markets - Equity - Americas

US stocks rise on Enbridge, GE acquisitions NEW YORK: Wall Street stocks rose early Tuesday, lifted by merger announcements, including Canadian pipeline company Enbridge's acquisition of Spectra Energy in an all-stock deal valued at $28 billion.The Enbridge deal will create an network of oil and gas pipelines serving most of Canada and the United States. Spectra surged 10.7 percent, while Enbridge advanced 4.2 percent.About 30 minutes into trade, the Dow Jones Industrial Average stood at 18,510.52, up 0.1 percent.The broad-based S&P 500 ...

Markets - Equity - Americas

Latam stocks mostly rise on thin trading volumes SAO PAULO: Most Latin American stocks inched up on Monday, supported by higher crude prices and expectations of low US interest rates, though trading volumes were thin due to the Labor Day holiday in the United States.Surprisingly weak US jobs data cast doubt on Friday over the possibility of rate hikes this year, boosting demand for high-yielding emerging market assets.The figures seemed to contradict recent comments by key Federal Reserve policymakers, who have repeatedly stressed ...

Markets - Equity - Americas

US stocks open higher after middling jobs report NEW YORK: Wall Street shares opened higher Friday after the much-awaited US jobs report for August came in a slight disappointment, not clearly strong enough to support a Federal Reserve rate increase.Markets took the lower-than-expected 151,000 jobs created last month -- compared to the 190,000 average of the previous three months -- as not weak enough to clearly deter the Fed from hiking rates at its September 20-21 meeting, but not strong enough to push ...

Markets - Equity - Americas

US stocks push higher after middling jobs report NEW YORK: Wall Street shares gained in early trade Friday after the much-awaited US August jobs report came in under forecasts, not clearly strong enough to support a Federal Reserve rate increase.Markets took the lower-than-expected 151,000 jobs created last month -- compared to the 190,000 average of the previous three months -- as not weak enough to clearly deter the Fed from hiking rates at its September 20-21 meeting, but not strong enough to push ...

Markets - Equity - Americas

US stocks hold steady ahead of August jobs report NEW YORK: US stocks recouped early losses to end little-changed Thursday ahead of the August jobs report that could tip the Federal Reserve's hand on interest rates.Unemployment insurance claims remained low and pointed to continued firmness in the jobs market, and could presage a solid report on US job creation last month on Friday.But optimism was dulled when the Institute of Supply Management reported that the US manufacturing sector contracted last month, based on its ...

Markets - Equity - Americas

TSX rises modestly with gold miners; oil weighs TORONTO: Canada's main stock index moved slightly higher on Thursday as gold miners bucked bullion's fall after an August sell-off and investors cheered the expansion of Tim Hortons into Britain. The coffee and doughnut chain's owner Restaurant Brands International Inc was among the most influential movers on the index, up 2.2 percent to C$63.73.Gold miners also gained, even as the price of gold fell, after having lost significant ground over the course of August, with ...