By David Randall NEW YORK (Reuters) – An upcoming “economic soft patch” will likely weigh on the recent U.S. equity rally and stall sectors such as consumer discretionary and small-cap …
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By Lewis Krauskopf NEW YORK (Reuters) – U.S. stocks are in a bull market and will post “solid” gains in 2024, even as returns are lower than this year, BMO …
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NEW YORK – Mastercard SpendingPulse reported a 2.5% increase in U.S. retail sales on Black Friday compared to last year, excluding automotive sales. This figure, not adjusted for inflation, fell …
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By Bansari Mayur Kamdar and Suzanne McGee (Reuters) – Exchange-traded funds (ETFs) tracking U.S. retailers moved higher in shortened trading hours on Black Friday, outpacing broader market indexes. While the …
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By Ananta Agarwal and Nathan Gomes (Reuters) – U.S. steelmakers are on course to post higher profits in the first quarter of 2024 as prices spike from a scramble by …
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‘A Marginal Bump’: Strategists Divided On Whether Democrats Will Make Big Gains Over Abortion In 2024 Arjun Singh on November 13, 2023 Democrats are seeking to register several abortion-related ballot …
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A look at the day ahead in U.S. and global markets from Mike Dolan World markets are trying to calibrate last week’s steep rally in stocks and bonds – tempering …
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A look at the day ahead in European and global markets from Vidya Ranganathan. Global stocks are having their strongest weekly rally in a year, global yields are sliding and …
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MOSCOW (Reuters) – The Russian rouble weakened on Tuesday, pulling back after soaring to a three-month high past 92 to the dollar earlier in a volatile session, supported by high …
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MOSCOW (Reuters) – The Russian rouble steadied near 97.5 to the dollar on Friday, locking in the hefty gains made in the previous session after President Vladimir Putin ordered the …
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(Reuters) – Ukrainian forces made some headway in their drive southward as part of a gruelling counteroffensive to recapture areas seized by Russia in its 19-month-old invasion of its neighbour, …
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By Matt Spetalnick and Steve Holland WASHINGTON (Reuters) – The Biden administration is pressing ahead with a concerted effort to strike a “grand bargain” in the Middle East that includes …
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(Reuters) – Canada’s economy gained a net 39,900 jobs in August, largely in full-time work, and the jobless rate held at 5.5%, Statistics Canada data showed on Friday. Employment in …
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LONDON (Reuters) – The euro rose against the dollar on Friday and euro zone bonds yields fell after data showed a big increase in the U.S. unemployment rate in August, …
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(Reuters) – Hurricane Franklin is forecast to become the Atlantic’s first major hurricane of the season on Monday and is on track to pass close to Bermuda on Wednesday, the …
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By Caroline Valetkevitch NEW YORK (Reuters) – U.S. stocks will eke out only marginal gains between now and year end, according to strategists in a Reuters poll on Wednesday, who …
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By Lewis Krauskopf NEW YORK (Reuters) – As inflation worries ease, U.S. stocks may need a fresh source of fuel to propel further gains this year, investors said. Data released …
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NEW YORK (Reuters) – Equity hedge funds ended July with gains of 7.83% so far this year, helped by technology, financials and energy stocks, data provider HFR said on Monday. …
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By Svea Herbst-Bayliss NEW YORK (Reuters) – ValueAct Capital is reordering its management team and promoting long-time partner Robert Hale to co-chief executive alongside Mason Morfit as the investment firm …
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NEW YORK (Reuters) – The U.S. economy maintained a moderate pace of job growth in July, but solid wage gains and a decline in the unemployment rate pointed to continued …
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(Reuters) – Prudential Financial on Tuesday reported a 21.5% rise in second-quarter adjusted profit as the insurer’s U.S. unit benefited from a higher net investment spread and more favorable underwriting. …
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By Eric Onstad LONDON (Reuters) – The price of uranium has risen only slightly since a military coup in Niger last week as mining operations have continued in the world’s …
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JAKARTA (Reuters) – Indonesian Defence Minister Prabowo Subianto retains an early lead ahead of the 2024 presidential election, with an opinion poll on Sunday showing support for the ex-special forces …
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By Sinéad Carew (Reuters) – Shares in Sirius XM Holdings were down 10.5% on Friday, erasing some of their dramatic gains in the previous day’s session with analysts attributing the …
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By Chibuike Oguh NEW YORK (Reuters) – Shares of Coinbase Global Inc surged by nearly 25% on Thursday, ahead of other cryptocurrency and blockchain-related companies, following a landmark legal victory …