Google, DOJ wrap up second antitrust trial
The Department of Justice (DOJ) and Google on Monday concluded the tech giant's second antitrust case in two years, as the company seeks to fend off allegations of monopoly in advertising technology. After a relatively short two-week trial in September, the two sides reconvened for closing arguments in U.S. District Judge Leonie Brynma's courtroom in […]
Stocks, Bonds Rise as Traders Cheer Treasury Pick: Markets Wrap – Yahoo Finance
(Bloomberg) – Stocks and Treasuries rose as traders hailed Donald Trump’s nomination of Scott Bessent as Treasury Secretary as a prudent choice that will bring more stability to the U.S. economy and financial markets. Most Read Articles on Bloomberg Europe's Stoxx 600 index rose 0.3% as US stock futures rose. The positive atmosphere continued from […]
Japan Lifts Asian Equities, Dollar Rally Cools: Markets Wrap – Yahoo Finance
(Bloomberg) — Asian stocks edged higher, while the dollar and U.S. Treasuries were firm on strong U.S. trading triggered by waning expectations for the U.S. Federal Reserve's interest rate cuts. Most Read Articles on Bloomberg Japan's benchmark rose about 1%, supported by a weaker yen as Japan's economic growth slowed. South Korean stocks fell after […]
US Futures Waver as PPI Keeps Rate Debate Open: Markets Wrap – Yahoo Finance
(Bloomberg) — U.S. stock futures firmed after producer price inflation was in line with expectations as investors debated the possibility of a December interest rate cut. Most Read Articles on Bloomberg U.S. Treasury yields rose on the data, with S&P 500 and Nasdaq 100 contracts giving up modest gains, amid signs that post-election stock gains […]
Asian Stocks Fall as China Support Disappoints: Markets Wrap – Yahoo Finance
(Bloomberg) — Asian stocks fell after China's debt swap program was deemed insufficient by some investors and data showed persistent deflationary pressures in the world's second-largest economy. Most Read Articles on Bloomberg Stock prices in the region fell as much as 1.3%, led by heavyweights such as Tencent Holdings and Meituan. China's CSI 300 index […]
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 […]
Nasdaq Set for Gains as TSMC Spurs Relief Rally: Markets Wrap – Yahoo Finance
(Bloomberg) — Taiwan Semiconductor Manufacturing Co.'s earnings spurred gains across major stock indexes, while a recovery in semiconductor stocks eased market tensions. Most Read Articles on Bloomberg Contracts in the tech-heavy Nasdaq 100 rose 0.9% on Thursday, led by gains in semiconductor stocks, after TSMC reported a better-than-expected 54% rise in quarterly profit. This reversed […]
Stock Rotation Lifts Small Caps to Three-Year High: Markets Wrap – Yahoo Finance
(Bloomberg) — Stock traders continued to rotate the megacap stocks that have been driving the bull market to other parts of Wall Street. Most Read Articles on Bloomberg Cyclical stocks outperformed, with the Russell 2000 index of small and medium-sized companies hitting a three-year high. Most big tech stocks fell, but Nvidia rose 3.1%. The […]
Stocks Drop, US Yields Top 4% as Rate-Cut Bets Ebb: Markets Wrap – Yahoo Finance
(Bloomberg) — Stocks fell and major Treasury yields rose above 4% after solid U.S. economic data undercut bets that the Federal Reserve will cut deep interest rates next month. Most Read Articles on Bloomberg S&P 500 contracts fell 0.4% and Nasdaq 100 futures fell 0.5%. Borrowing costs for 10-year U.S. Treasuries rose above 4% for […]