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Wall St plunges as Snap's bleak forecast sparks selloff

(For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window) * Snap set for worst day on record after profit warning * Abercrombie & Fitch slumps after lowering revenue outlook * Indexes down: Dow 0.77%, S&P 1.77%, Nasdaq 3.26% (Updates to open) By Devik Jain and Anisha Sircar May 24 (Reuters) - Wall
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Wall Street opens lower on Snap shock, growth fears

May 24 (Reuters) - Wall Street's main indexes opened lower on Tuesday following a strong relief rally in the previous session as weak forecasts from firms including Snapchat owner Snap Inc added to nerves about an inflation-struck economy. The Dow Jones Industrial Average .DJI fell 162.63 points, or 0.51%, at the open to 31,717.61. The S&P 500 .SPX
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Wall St's relief rally set to fade on Snap shock, growth fears

(For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window.) * Snap slumps after profit warning * Abercrombie & Fitch slumps after lowering revenue outlook * Futures down: Dow 0.59%, S&P 1.01%, Nasdaq 1.64% By Devik Jain and Anisha Sircar May 24 (Reuters) - U.S. stock indexes were set to fall on Tues
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Futures fall after Snapchat owner's profit warning

(For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window) * Futures down: Dow 0.71%, S&P 1.09%, Nasdaq 1.68% May 24 (Reuters) - U.S. stock index futures fell on Tuesday as a weak forecast from Snap Inc hit shares of social media companies, a day after Wall Street enjoyed a relief rally. The Snapcha
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I know what you'll do this summer

A look at the day ahead in markets from Julien Ponthus. European Central Bank President Christine Lagarde openly admitted for the first time what investors had already been betting on for a while: negative interest rates, a eurozone feature for eight years, will most likely be gone by the end of summer. With inflation running at a record 7.4% in th
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Cryptoverse: Is the end of the bitcoin winter nigh?

By Medha Singh and Lisa Pauline Mattackal May 24 (Reuters) - The crypto winter is into its ninth week and bitcoin can't shake the chills. From technicals to turnover, market indicators are flashing red or amber for the biggest cryptocurrency, which has lost a third of its value in just two months. So what now? Bitcoin's BTC=BTSP limited history isn
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Stocks rally as euro gains on likely rate hikes

* Major U.S. and European indices gain more than 1% * German IFO business index shows unexpected resilience * ECB says it could see interest rate "lift-off" in July * Dollar weakens as euro gains on ECB rate talk By Herbert Lash and Marc Jones NEW YORK/LONDON, May 23 (Reuters) - U.S. and European stocks rallied on Monday, with the S&P 500 .SPX for
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Wall Street rallies on back of big tech, banks

(For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window) * JPMorgan Chase upbeat interest income outlook boosts banks * Broadcom shares fall on potential VMware buyout * Indexes up: Dow 1.98%, S&P 1.86%, Nasdaq 1.59% (Updates with closing prices) By Stephen Culp NEW YORK, May 23 (Reuters) - U.S. s
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Wall Street rallies to higher close boosted by banks, big tech

(For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window) (Updates to closing bell) By Stephen Culp NEW YORK, May 23 (Reuters) - U.S. stocks ended higher on Monday as gains from banks and a rebound in megacap market leaders supported a broad-based rally following Wall Street's longest streak of wee
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Stocks rally as euro gains on likely rate hikes

* Major U.S. and European indices gain more than 1% * German IFO business index shows unexpected resilience * ECB says it could see interest rate "lift-off" in July * Dollar weakens as euro gains on ECB rate talk By Herbert Lash and Marc Jones NEW YORK/LONDON, May 23 (Reuters) - U.S. and European stocks rallied on Monday, with the S&P 500 staying c
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Wall Street rebounds with assist from banks, big tech

(For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window) * JPMorgan leads banks higher on upbeat interest income outlook * Broadcom shares fall on potential VMware buyout * Indexes up: Dow 1.98%, S&P 1.73%, Nasdaq 1.26% By Stephen Culp NEW YORK, May 23 (Reuters) - Wall Street rallied on Monday as
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Wall Street bounces back on boost from banks, Apple after volatile week

(For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window) * JPMorgan leads banks higher on upbeat interest income outlook * Broadcom shares fall on potential VMware buyout * Indexes up: Dow 2.15%, S&P 1.75%, Nasdaq 1.18% By Anisha Sircar and Devik Jain May 23 (Reuters) - U.S. stock indexes climbed
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S&P 500, Dow rise as banks, Apple offer support

* Broadcom shares decline on potential VMware buyout * JPMorgan rises on upbeat profit forecast * Indexes: Dow adds 0.87%, S&P up 0.34%, Nasdaq down 0.33% By Anisha Sircar and Devik Jain May 23 (Reuters) - The S&P 500 and the Dow rose on Monday, led by gains in banks and Apple after a sharp selloff last week, while a slide in Tesla and chipmakers w
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Stocks rally as euro leaps on likely rate hikes

* Wall Street rallies as European bourses also gain * German IFO business index shows unexpected resilience * ECB says could see interest rate "lift-off" in July * Dollar weakens as euro gains on ECB rate talk By Herbert Lash and Marc Jones NEW YORK/LONDON, May 23 (Reuters) - U.S. and European stocks mostly rallied on Monday, with the S&P 500 tradi
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BlackRock moves to sidelines on developed market equities

By Stephen Culp NEW YORK, May 23 (Reuters) - BlackRock Investment Institute cut its ratings of developed market (DM) equities to "neutral" from "overweight" on Monday, citing the U.S. Federal Reserve's potentially overzealous efforts to curb inflation and signs of economic slowdown in China. Regarding the Fed's ramped-up rhetoric "vowing to bring i
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S&P 500, Dow rise as banks, Apple offer support

(For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window.) * Broadcom shares decline on potential VMware buyout * JPMorgan rises on upbeat profit forecast * Indexes: Dow adds 0.87%, S&P up 0.34%, Nasdaq down 0.33% (Updates to open) By Anisha Sircar and Devik Jain May 23 (Reuters) - The S&P 500 and
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Wall St opens higher on banks, growth stocks boost

May 23 (Reuters) - Wall Street's main indexes opened higher on Monday, helped by a bounce back in growth and bank stocks, after the benchmark S&P 500 hovered near a grim market milestone at the end of last week. The Dow Jones Industrial Average .DJI rose 133.99 points, or 0.43%, at the open to 31,395.89. The S&P 500 .SPX opened higher by 18.06 poin
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Wall St set to rebound after volatile week; takeover talks boost VMware

(For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window) * Broadcom shares decline on potential VMware buyout * JPMorgan rises on upbeat profit forecast * Futures up: Dow 0.94%, S&P 0.84%, Nasdaq 0.48% By Anisha Sircar and Devik Jain May 23 (Reuters) - Wall Street's main indexes were set for a hig
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Stocks steadier as euro leaps on likely rate hikes

* Futures point to opening gains on Wall Street * German IFO business index shows unexpected resilience * ECB says could see interest rate "lift-off" in July * Euro rallies on prospect of rise in euro zone rates By Huw Jones LONDON, May 23 (Reuters) - Stocks kept just above bear market terrain on Monday while the euro leapt after the European Centr
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Futures rebound after volatile week, takeover talks boost VMware

(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 1.11%, S&P 1.21%, Nasdaq 1.05% May 23 (Reuters) - Wall Street futures rose on Monday, helped by a bounce in growth stocks and banks, after the benchmark S&P 500 hovered near a grim market milestone at the end of last week.
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