The popularity of lower cost China startup DeepSeek heightened jitters ahead of a big few days for mega-cap results. Elsewhere, low-cost airline Ryanair has downgraded its passenger growth target due to Boeing delivery delays.
A gloomy survey of UK consumer confidence today revealed people are thinking more about saving money as they prepare for “dark days ahead”. GfK’s long-running consumer barometer fell five points to minus 22, with all five measures that make up the headline score lower in the month.
Nate Anderson, the founder of Wall Street’s top activist short seller Hindenburg, announced this month that he was hanging up his boots. He is just the latest high profile investor to call it quits. Anderson,
For Wall Street, it was a welcome return to the type of environment craved by traders and bankers after a muted period when the Federal Reserve was raising rates as it grappled with inflation. Boosted by a Fed in easing mode and the election of Donald ...
The S&P 500 was 1.5% higher in early trading. The Dow Jones Industrial Average was up 652 points, or 1.5%, as of 9:35 a.m. Eastern time, and the Nasdaq composite was 1.7% higher.
U.S. stock indexes are drifting higher following a mostly encouraging batch of profit reports from big companies.
The FTSE 100 ( ^FTSE) and European stocks were muted on Thursday as consumer confidence in the British economy tumbled to a new low amid recession fears.
Global shares are trading mixed after Wall Street’s tech superstars tumbled as a competitor from China raised doubts over the recent artificial-intelligence market frenzy. Shares rose in early Tuesday trading in Germany and Britain while falling in France.
The FTSE 100 (^FTSE) and European stocks were muted on Thursday ... needed for the further development of artificial intelligence. Across the pond on Wall Street, the S&P 500 (^GSPC) rose 0.6%, to 6,086.37, and came close to its all-time closing high ...
The FTSE 100 (^FTSE) and European stocks were muted on Thursday ... needed for the further development of artificial intelligence. Across the pond on Wall Street, the S&P 500 (^GSPC) rose 0.6%, to 6,086.37, and came close to its all-time closing high ...
Marks and Spencer (LON: MKS) Group PLC continue to lead the day’s fallers, down 3.6%, while a lack of major movers saw Taylor Wimpey (LON: TW) PLC and Compass Group (LON: CPG) PLC also among losers.
Monday’s bloodbath in Nvidia and other AI stocks wiped out some $1 trillion from the stock market’s value.