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Reuters - 5 hours ago

Wall St closes up on revival supported by inflation data, tech stocks

US STOCKS-Wall St closes up on revival supported by inflation data, tech stocks PCE inflation rises moderately in June Russell 2000, S&P Small Cap 600 gain for fourth day in five Deckers, Baker Hughes, Norfolk Southern climb after results Indexes up on Friday: Dow 1.64%, S&P 1.11%, Nasdaq 1.03% Indexes this week: Dow up 0.8%, S&P down 0.8%, Nasdaq down 2.1% Updates with closing prices By David French July 26 (Reuters) - Wall Street's major indexes ended higher on Friday as investors flocked back
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Reuters - 6 hours ago

Wall St ends higher on revival supported by inflation data, tech

US STOCKS-Wall St ends higher on revival supported by inflation data, tech PCE inflation rises moderately in June Russell 2000 gains for fourth day in five Deckers, Baker Hughes climb after results Dexcom slips after cutting revenue forecast Updates to close By David French July 26 (Reuters) - Wall Street's major indexes closed higher on Friday , recoupi ng some ground lost earlier this week, as investors flocked back to tech megacaps that had triggered broad sell-offs and inflation data boosted
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Reuters - 7 hours ago

Dow leads Wall St revival on inflation data, tech stocks rebound

US STOCKS-Dow leads Wall St revival on inflation data, tech stocks rebound PCE inflation rises moderately in June Russell 2000 hits one-week high Deckers, Baker Hughes climb after results Dexcom slips after cutting revenue forecast Indexes up: Dow 1.73%, S&P 1.24%, Nasdaq 1.07% Updated to 2:01 p.m. ET/1801 GMT By David French July 26 (Reuters) - Wall Street's major stock indexes rose on Friday, on course to recoup some ground lost earlier in the week, as tech megacaps recovered and in-line infla
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Reuters - 7 hours ago

What to Watch in the Week Ahead and on Monday, July 29

What to Watch in the Week Ahead and on Monday, July 29 The Day Ahead is an email and PDF publication that includes the day's major stories and events, analyses and other features. To receive The Day Ahead, Eikon users can register at DAY/US . Thomson One users can register at RT/DAY/US. All times in ET/GMT ON MONDAY McDonald's is expected to post a smaller growth in second-quarter revenue as customers cut back on dining out amid persistent inflation.
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Reuters - 8 hours ago

Warner Bros Discovery sues NBA over bid for broadcast rights

UPDATE 3-Warner Bros Discovery sues NBA over bid for broadcast rights Adds analyst comment in paragraphs 12-14 By Dawn Chmielewski July 26 (Reuters) - Warner Bros Discovery WBD.O and its sports division, Turner Broadcasting System, filed a lawsuit on Friday against the National Basketball Association in New York over the league's rejection of its matching bid for media rights.
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Reuters - 8 hours ago

Netflix's ex-film head Stuber ties with Amazon MGM to revive United Artists

Netflix's ex-film head Stuber ties with Amazon MGM to revive United Artists July 26 (Reuters) - Amazon MGM Studios has entered a multi-year film partnership with Scott Stuber, the former longtime head of films at Netflix NFLX.O , to finance and release movies from his new production company, it said on Friday. Stuber, who left Netflix in March to start his media company, will produce several films annually under United Artists (UA), a relaunched label that once operated under MGM.
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Reuters - 9 hours ago

Earnings expectations creep higher

LIVE MARKETS-Earnings expectations creep higher U.S. equity indexes rally: Dow out front, up ~2% All S&P 500 sectors green; Industrials out front, up >2% Dollar edges red; gold up ~1%; bitcoin up >3%; crude off >1% U.S. 10-Year Treasury yield falls to ~4.21% Welcome to the home for real-time coverage of markets brought to you by Reuters reporters.
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Reuters - 9 hours ago

Dow leads Wall St revival after inflation data; tech stocks recoup losses

US STOCKS-Dow leads Wall St revival after inflation data; tech stocks recoup losses For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window. PCE inflation rises moderately in June Russell 2000 hits one-week high Deckers, Baker Hughes climb after results Dexcom slips after cutting revenue forecast Indexes up: Dow 1.63%, S&P 1.06%, Nasdaq 0.92% Updated at 11:46 a.m.
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Reuters - 9 hours ago

Amazon under second investigation in Milan for tax evasion, sources say

Amazon under second investigation in Milan for tax evasion, sources say MILAN, July 26 (Reuters) - An Italian unit of Amazon AMZN.O is being investigated by Milan prosecutors for suspected tax evasion, two sources said on Friday, but the inquiry was not linked to a multi-million euro seizure from another of the group's Italian units this week. Italy's tax police on Tuesday seized some 121 million euros ($131 million) from another unit of the U.S.
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Reuters - 10 hours ago

Take Five: Scores on the doors for Big Tech

GRAPHIC-Take Five: Scores on the doors for Big Tech Adds inflation reference in paragraph 22 July 26 (Reuters) - It's a big week for central banks, with policymakers in the United States, Japan and Britain all due to reconsider lending rates and markets on edge over more earnings from U.S. tech giants. In Venezuela, voters head to the polls to elect a president.
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Reuters - 11 hours ago

Wall St rebounds on tech recovery, small caps jump after benign inflation data

US STOCKS-Wall St rebounds on tech recovery, small caps jump after benign inflation data For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window. PCE inflation rises moderately in June Russell 2000 jumps Deckers, Baker Hughes climb after results Dexcom slips after cutting revenue forecast Indexes up: Dow 1.37%, S&P 0.80%, Nasdaq 0.64% Updated at 9:51 a.m.
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Reuters - 12 hours ago

Wall St set for strong open as megacaps recover; inflation data in focus

US STOCKS-Wall St set for strong open as megacaps recover; inflation data in focus For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window. US inflation rises moderately in June Russell 2000 futures jump Deckers, Baker Hughes climb after results Dexcom slips after cutting revenue forecast Futures up: Dow 0.54%, S&P 500 0.71%, Nasdaq 0.93% Updated at 8:48 a.m.
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Reuters - 13 hours ago

Stocks bounce after heavy sell-off as US inflation cools

GLOBAL MARKETS-Stocks bounce after heavy sell-off as US inflation cools Updates after US PCE inflation data By Harry Robertson LONDON, July 26 (Reuters) - European shares and U.S. stock futures rebounded on Friday as markets stabilised after a week in which global equities have tumbled almost 2%, while the dollar regained ground against the yen. There was little major reaction to data showing the U.S.
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Reuters - 14 hours ago

Stocks bounce after heavy sell-off as traders await US price data

GLOBAL MARKETS-Stocks bounce after heavy sell-off as traders await US price data Updates prices at 1135 GMT By Harry Robertson LONDON, July 26 (Reuters) - European stocks and U.S. futures rebounded on Friday as markets stabilised after a week in which global equities have tumbled almost 2 %, while the dollar regained ground against the yen ahead of U.S.
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Reuters - 14 hours ago

Futures jump as megacaps recover; inflation data awaited for policy cues

US STOCKS-Futures jump as megacaps recover; inflation data awaited for policy cues For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window. Russell 2000 futures jump Deckers, Baker Hughes climb after results Dexcom slips after cutting revenue forecast PCE inflation data due at 8:30 a.m. ET Futures up: Dow 0.62%, S&P 500 0.75%, Nasdaq 0.98% Updated at 7:09 a.m.
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Reuters - 14 hours ago

Take Five: Scores on the doors for Big Tech

RPT-GRAPHIC-Take Five: Scores on the doors for Big Tech Swaps the position of the first two graphics with no changes to text July 26 (Reuters) - It's a big week for central banks, with policymakers in the United States, Japan and Britain all due to reconsider lending rates and markets on edge over more earnings from U.S. tech giants. In Venezuela, voters head to the polls to elect a president.
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Reuters - 15 hours ago

Walmart looks to bet $200 mln on autonomous forklifts -sources

EXCLUSIVE-Walmart looks to bet $200 mln on autonomous forklifts -sources By Siddharth Cavale and Jeffrey Dastin NEW YORK, July 26 (Reuters) - Walmart WMT.N has plans to potentially spend $200 million on self-driving forklifts as part of broader efforts to automate more warehouse operations, according to three people familiar with the matter. The world's largest retailer wants autonomous forklifts to move pallets of goods in its distribution centers, which replenish Walmart stores.
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Reuters - 15 hours ago

Nasdaq futures jump as megacaps recover; inflation data in focus

US STOCKS-Nasdaq futures jump as megacaps recover; inflation data in focus For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window. Futures up: Dow 0.45%, S&P 500 0.76%, Nasdaq 1.06% July 26 (Reuters) - Nasdaq futures jumped 1% on Friday as megacap tech and chip stocks bounced back after a drubbing earlier this week, while investors hoped for a further let-up in inflation in a crucial data release later in the day.
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Reuters - 16 hours ago

Wall St Week Ahead-Spooked U.S. stock market faces tech earnings minefield, Fed meeting

Wall St Week Ahead-Spooked U.S. stock market faces tech earnings minefield, Fed meeting By David Randall NEW YORK, July 26 (Reuters) - Rattled investors are bracing for earnings from the market’s biggest tech companies, a Federal Reserve policy meeting and closely watched employment data in a week that could determine the near-term trajectory of U.S.
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Reuters - 16 hours ago

Stocks rebound after brutal sell-off as traders await US price data

GLOBAL MARKETS-Stocks rebound after brutal sell-off as traders await US price data Updates at 0850 GMT By Harry Robertson LONDON, July 26 (Reuters) - European stocks and U.S. futures rebounded on Friday as markets stabilised after a week in which global equities have tumbled almost 2%. Meanwhile, the dollar regained some ground against the yen after a sharp drop this week, as investors awaited U.S.
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