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Reuters - 24 minutes ago

China's industrial profits post faster gains in June despite faltering economy

UPDATE 2-China's industrial profits post faster gains in June despite faltering economy China June industrial profits +3.6% y/y vs +0.7% y/y in May June profit growth quickens despite slowing economy H1 industrial profits +3.5% y/y vs +3.4% in Jan-May Adds statistician's comments in paragraph 3-4 BEIJING, July 27 (Reuters) - China's industrial profits grew at a faster clip in June, official data showed on Saturday, even as businesses were grappling with a downshift in consumers' sentiment amid a

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

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

Reuters - 8 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

Reuters - 10 hours ago

The trades that could bring down short-seller Andrew Left

FACTBOX-The trades that could bring down short-seller Andrew Left July 26 (Reuters) - U.S. authorities filed criminal and civil charges against Andrew Left, a prominent face of the activist short-selling industry, alleging he had for years manipulated the market and defrauded investors with misleading claims about his trades. The Securities and Exchange Commission and the U.S.

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