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Wall Street falls with Amazon; S&P 500 posts sixth straight month of gains

(For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window.) * Pinterest sinks on stalled U.S. user growth * U.S. consumer spending rises in June, inflation increases * Indexes: Dow down 0.4%, S&P 500 down 0.5%, Nasdaq down 0.7% By Caroline Valetkevitch NEW YORK, July 30 (Reuters) - U.S. stocks fell
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U.S., Britain believe Iran attacked Israeli-managed tanker off Oman

LONDON/WASHINGTON, Aug 1 (Reuters) - The United States and Britain said on Sunday they believed Iran carried out an attack on an Israeli-managed petroleum product tanker off the coast of Oman on Thursday that killed a Briton and a Romanian, both pledging to work with partners to respond. Iran earlier on Sunday denied it was involved in the incident

Peru's July inflation rate highest in more than 4 years -government

LIMA, Aug 1 (Reuters) - Consumer prices in Peru rose 1.01% in July, marking the fastest rate in 52 months, the government's statistics agency said on Sunday as the country's leftist President Pedro Castillo wrestles with the challenges of starting a new administration. The country has an official inflation target of 1% to 3% this year, a goal that

TOKYO OLYMPICS: What you need to know right now

(updates for latest news on Day 9) TOKYO, Aug 1 (Reuters) - A Belarusian sprinter said she had sought the protection of Japanese police at a Tokyo airport after being taken there to board a flight against her wishes. Here's what you need to know about the Tokyo Games: ITALIAN SPRINTER WINS Lamont Marcell Jacobs won the most coveted Link crown in at

UK says 'highly likely' Iran attacked tanker off Oman

LONDON, Aug 1 (Reuters) - Britain on Sunday said it believed Iran carried out an attack on an Israeli-managed petroleum product tanker off the coast of Oman on July 29 that killed a Briton and a Romanian, and said it was working with partners on a "concerted response". "The UK condemns the unlawful and callous attack committed on a merchant vessel

U.S. senators make final tweaks to infrastructure bill, expect passage this week

By David Morgan and David Lawder WASHINGTON, Aug 1 (Reuters) - The U.S. Senate on Sunday worked to finalize legislation to forge ahead with a sweeping $1 trillion spending plan for roads, rail lines, high-speed internet and other infrastructure, with some senators predicting final passage later this week. Senate Majority Leader Chuck Schumer said t

Wall St Week Ahead-Earnings bounce, bond-yield drop help keep party going for U.S. stocks

By Lewis Krauskopf NEW YORK, July 30 (Reuters) - A rebound in corporate profits and the recent drop in bond yields are helping to moderate U.S. equity valuations, bolstering the case for owning stocks even as markets stand near records and economic growth is expected to slow. The benchmark S&P 500 .SPX has climbed more than 17% so far this year, ga
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Israeli cabinet starts first state budget debate in three years

(Edits headline) By Steven Scheer JERUSALEM, Aug 1 (Reuters) - Israeli cabinet ministers on Sunday began debate on the 2021-2022 state budget, more than three years after the government last approved a fiscal spending package. Due to two years of political stalemate and four elections, Israel is using a pro-rated version of the 2019 state budget th

Egypt's stock exchange to lift limit on share price moves to 20% from September

CAIRO, Aug 1 (Reuters) - The Egyptian Stock Exchange will lift the limit on intraday share price moves to 20% from September, the bourse said on Sunday. The stock exchange currently limits moves in share prices to 10% either up or down, after which the share is suspended. The 10% limit has been in place since February 2011 under measures introduced

Abu Dhabi hits record high, boosted by telco Etisalat

Aug 1 (Reuters) - Most major stock markets in the Gulf rose in early trade on Sunday, with Abu Dhabi index hitting a record high, although Qatar bucked the trend to trade lower. In Abu Dhabi, the index .ADI advanced 1.7%, hitting its record high, buoyed by a 6.5% jump in Emirates Telecommunications Group (Etisalat) ETISALAT.AD . On Thursday, the te

U.S., Britain believe Iran attacked Israeli-managed tanker off Oman

(Recasts with U.S. comments) LONDON/WASHINGTON, Aug 1 (Reuters) - The United States and Britain said on Sunday they believed Iran carried out an attack on an Israeli-managed petroleum product tanker off the coast of Oman on Thursday that killed a Briton and a Romanian, both pledging to work with partners to respond. Iran earlier on Sunday denied it

Iran denies involvement in attack on Israeli-managed tanker off Oman

DUBAI, Aug 1 (Reuters) - Iran was not involved in an attack on an Israeli-managed petroleum product tanker off the coast of Oman, the Iranian Foreign ministry spokesman said on Sunday, referring to an incident last week that killed two and which Israel blamed on the Islamic Republic. "The Zionist regime (Israel) has created insecurity terror and vi

China securities watchdog seeks closer cooperation with U.S.

BEIJING, Aug 1 (Reuters) - China's securities regulator said on Sunday it will seek closer cooperation with its U.S. counterpart and will support overseas listings, after U.S. regulators tightened disclosure for Chinese companies and voiced concern about Beijing's regulatory actions. The China Securities Regulatory Commission (CSRC) said in a state

Egypt's M2 money supply up 18.1 pct year-on-year in June -central bank

CAIRO, Aug 1 (Reuters) - Egypt's M2 money supply increased 18.1% year-on-year in June, central bank statistics showed. Money supply stood at 5.36 trillion Egyptian pounds ($342.7 billion) in June, compared with 4.54 trillion in the same month one year before. ($1 = 15.6400 Egyptian pounds) Writing by Nafisa Eltahir; Editing by Toby Chopra

Factors to watch - August 1

DUBAI, Aug 1 (Reuters) - Here are some factors that may affect Middle East stock markets on Sunday. Reuters has not verified the press reports and does not vouch for their accuracy. INTERNATIONAL/REGIONAL * GLOBAL MARKETS-U.S. stocks slip, dollar has worst week in almost two months * Oil climbs, notches fourth monthly gain on growing demand * PRECI

U.S. Senate in rare Saturday session on $1 trln infrastructure bill

By Susan Cornwell WASHINGTON, July 31 (Reuters) - The U.S. Senate in a rare Saturday session worked on a bill that would spend $1 trillion on roads, rail lines and other infrastructure, as lawmakers from both parties sought to advance President Joe Biden's top legislative priority. The ambitious plan has the backing of Democrats and Republicans ali

TOKYO OLYMPICS: What you need to know right now

(corrects to say Ledecky has won seven Olympic golds) * Thompson-Herah fastest woman alive * Poland upset U.S. on track in mixed relay * Dressel and Ledecky come to America's aid TOKYO, July 31 (Reuters) - Jamaican sprinters swept the podium on Saturday in the highly anticipated women's 100 metres with Elaine Thompson-Herah snatching the gold in an

TOKYO OLYMPICS: What you need to know right now

July 31 (Reuters) - A world record swim by Caeleb Dressel helped the United States close the gap with China and Japan at the top of the medal tally on Saturday as compatriot Simone Biles bowed out of two more gymnastic events. Here's what you need to know about the Tokyo Games: DRESSEL AND LEDECKY COME TO US AID Dressel and Katie Ledecky added to t

More countries hike climate pledges, piling pressure on major emitters

By Kate Abnett BRUSSELS, July 31 (Reuters) - A group of mostly smaller countries submitted new, more ambitious climate pledges to the United Nations this week, raising pressure on big emitters including China to do the same ahead of a major U.N. climate summit in November. U.N. climate chief Patricia Espinosa said that as of Saturday the United Nat

U.S. Senate works on the weekend on $1 trln infrastructure bill

WASHINGTON, July 31 (Reuters) - The U.S. Senate will continue work on Saturday on a bill that would spend $1 trillion on roads, rail lines and other infrastructure, as lawmakers from both parties sought to advance President Joe Biden's top legislative priority. The ambitious plan Link has the backing of Democrats and Republicans alike and has alrea

TOKYO OLYMPICS: What you need to know right now

(corrects competitors in women's relay in 14th paragraph) July 31 (Reuters) - A world record swim by Caeleb Dressel helped the United States close the gap with China and Japan at the top of the medal tally on Saturday as compatriot Simone Biles bowed out of two more gymnastic events. Here's what you need to know about the Tokyo Games: DRESSEL AND L



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