Tag: S&P

S&P Global says no immediate pressure on South Africa rating

S&P Global's long-term foreign-currency rating for South Africa's debt is 'BB'. Africa's most industrialised economy is ranked at sub-investment grade by S&P and Fitch. JOHANNESBURG:...

S&P 500 closes in on record-high on trade hopes, euro zone stimulus

United States would delay increasing tariffs on $250 billion worth of Chinese imports. S&P 500 sectors, taking the benchmark index just 0.3pc off the...

S&P 500, Nasdaq fall after gloomy data; Fed officials dampen rate cut hopes

The benchmark S&P 500 and the Nasdaq fell on Thursday after weak US manufacturing data raised concerns about the health of the economy, with comments...

S&P 500, Dow climb as health insurers, financials gain

NEW YORK: The Dow and S&P 500 rose on Thursday to close at record highs as health insurers gained after the Trump administration scrapped a...

S&P 500 hits record high on rising rate cut hopes

The S&P 500 index hit a record high on Wednesday, led by defensive sectors, as bets of an interest rate cut rose on fears of...

Oil shares sag as S&P 500 ends at another record

NEW YORK: Petroleum-linked shares tumbled with oil prices on Tuesday as Wall Street stocks finished a choppy session higher, with the S&P 500 at a...

S&P 500 hits fresh record high as Pence sparks trade optimism

The S&P 500 hit a new all-time high on Friday, as US Vice President Mike Pence's decision to defer a planned speech on China policy...

S&P boosts Indonesia’s credit rating after Widodo re-election

JAKARTA: Ratings agency S&P lifted Indonesia's credit rating Friday, citing strong prospects for Southeast Asia's biggest economy after the re-election of president Joko Widodo. The upgrade...

S&P 500 flat as losses in industrials offset gains in Facebook, Microsoft

The S&P 500 was flat on Thursday as gains in Facebook and Microsoft were overshadowed by 3M's bleak quarterly report, which sparked concerns about slowing...

S&P falls as investors await earnings, Nasdaq slips from record high

NEW YORK: The S&P 500 slipped on Wednesday, after ending the previous session with a record and the Nasdaq edged lower after reaching an all-time...