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S&P 500 futures soar to record high after Trump claims victory – Yahoo Finance

Written by Lisa Pauline Matakkal and Ankika Biswas (Reuters) – Wall Street's major indexes rose to record highs on Wednesday after Republican Donald Trump won the 2024 U.S. presidential election in a remarkable comeback four years after losing the White House. . Wall Street expects U.S. president to be quick to slam tax cuts, deregulation […]

Some Bank of Canada Officials Feared Jumbo Cut Would Be Misread – Yahoo Finance

(Bloomberg) — Some Bank of Canada officials worried that a half-percentage point rate cut could be misinterpreted as a sign of economic troubles. Most Read Articles on Bloomberg A summary of October's interest rate decision deliberations shows that some on the bank's board believe that if borrowing costs are lower than usual, investors and Canadians […]

Euro, yen bounce as dollar stalls near three-month highs – Yahoo Finance

Written by Kevin Buckland and Medha Singh TOKYO/LONDON (Reuters) – The U.S. dollar stalled near three-month highs against other major currencies on Thursday, supported by expectations that the pace of interest rate cuts by the Federal Reserve will slow, while the dollar weakened against the euro. The Japanese yen has risen from recent lows. . […]

Stocks Waver on US Election Risks, Yen Advances: Markets Wrap – Yahoo Finance

(Bloomberg) — European stocks rose on a number of strong earnings results, while U.S. stock futures pointed to gains on Wall Street after Tesla Inc. reported surprising results. Most Read Articles on Bloomberg The Stoxx 600 rose 0.5%, supported by strong results from Barclays, Unilever and Hermès. Nasdaq 100 futures rose 0.7% and the stock […]

Tech Stocks Up in Late Trading as Tesla Surges 9%: Markets Wrap – Yahoo Finance

(Bloomberg) — Big tech stocks rose late as Tesla Inc. started the Magnificent Seven earnings season with strong results. Bond yields rose on expectations that the Federal Reserve will take a cautious approach to lowering interest rates. Most Read Articles on Bloomberg Following Wednesday's stock market decline, Wall Street pointed to a rebound led by […]

Gold Reaches Record High as Geopolitics Drive Traders to Safety – Yahoo Finance

(Bloomberg) — Gold rose to a record high on sustained haven demand from investors monitoring the upcoming U.S. elections and conflicts in the Middle East. Most Read Articles on Bloomberg Bullion prices rose Wednesday as geopolitical risks took center stage as traders focused on the close U.S. presidential election and concerns that the conflict between […]

HSBC's Pam Kaur smashes glass ceiling in major overhaul – Yahoo Finance

Written by Sinead Crews and Lawrence White LONDON (Reuters) – HSBC's history-making new chief financial officer, Pam Kaul, is a risk and audit veteran who credits her success to “the power of spirit.” The first woman to hold the role in the bank's 160-year history, she joins new CEO Georges Ergederi as HSBC navigates a […]