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American Airlines forecasts bigger first-quarter loss
March 11 (Reuters) - American Airlines AAL.O on Tuesday forecast a bigger first-quarter loss, amid concerns that tariff pressures and government spending uncertainties could dampen travel demand.
Tue, Mar 11
Wall Street lenders edge higher after selloff in previous session
Shares of major Wall Street banks edge up in premarket trading after seeing major selloff in the previous session; Investors are also keeping a keen eye on jobs data, which is due on Tuesday, to gauge the health of the economy and rate cut trajectory from the Federal Reserve...
Tue, Mar 11
US STOCKS-Futures edge higher after Wall St selloff, jobs data awaited
March 11 (Reuters) - U.S. stock index futures inched up on Tuesday following this year's biggest one-day drop for Wall Street's main indexes in the previous session, ahead of jobs data later in the day.At 05:34 a.m. ET, Dow E-minis 1YMcv1 were up 134 points, or 0.32%, S&P 500 E-minis EScv1 were...
Tue, Mar 11
Prices up amid lower Norway exports, higher demand
LONDON, March 11 (Reuters) - Dutch and British wholesale gas prices rose on Tuesday morning amid lower Norwegian exports to Europe and higher demand.The benchmark front-month contract at the Dutch TTF hub TRNLTTFMc1 was up 0.64 euro at 41.68 euros per megawatt hour (MWh) by 0932 GMT, LSEG data...
Tue, Mar 11
Crude oil market share battle may be kicking off in Asia: Russell
LAUNCESTON, Australia, March 11 (Reuters) - A new scramble for crude oil market share in Asia may be kicking off as top exporters Saudi Arabia and Russia move to boost cargoes to the world's top importing region.
Tue, Mar 11
Oracle gives strong long-term growth outlook as AI cloud demand soars
March 10 (Reuters) - Oracle ORCL.N CEO Safra Catz on Monday gave a strong growth outlook for its fiscal 2026 and 2027, indicating that the skyrocketing demand for advanced artificial intelligence computing shows no signs of slowing down.
Tue, Mar 11
Street View: Oracle's growth outlook optimistic despite recent misses
Oracle ORCL.N CEO Safra Catz on Monday projected strong growth for fiscal 2026 and 2027, driven by surging demand for advanced AI computing.Shares of cloud service provider down 2.7% at $144.85 premarket.
Tue, Mar 11
German Bund yields edge up, fiscal plans in focus
March 11 (Reuters) - Euro area benchmark Bund yields edged higher as investors monitored German political developments to assess the size and timing of a planned massive increase in fiscal spending.Germany's Greens vowed to block plans by likely next chancellor Friedrich Merz to raise state...
Tue, Mar 11
PRECIOUS-Gold rises as dollar, Treasury yields fall; US data awaited
Gold's overall uptrend remains intact, analyst saysDollar hovers near four-month lowU.S. CPI data due on WednesdayBy Anjana Anil March 11 (Reuters) - Gold rose on Tuesday on weak dollar and Treasury yields, as investors awaited inflation data to assess the Federal Reserve's policy path am...
Tue, Mar 11
Dollar dithers as safety bid flows to the yen
SINGAPORE, March 11 (Reuters) - The yen was investors' safe harbour of choice on Tuesday and it touched a five-month high as fears about a tariff-driven slowdown in U.S. economic growth have rattled U.S. stocks and the dollar.
Tue, Mar 11
Trump says he will buy a 'new Tesla' to show support for Musk
March 11 (Reuters) - U.S. President Donald Trump on Tuesday said he will buy a new Tesla car to show support for the electric carmaker's chief and his ally Elon Musk amid recent "Tesla Takedown" protests and the slump in the company's stock price.Musk's role in sweeping cuts to the federal...
Tue, Mar 11
Australian shares post seven-month closing low on US recession fears
March 11 (Reuters) - Australian shares fell to a seven-month closing low on Tuesday, tracking a broad sell-off across Asian markets after Wall Street slumped overnight on growing worries that U.S. President Donald Trump's tariff policies could lead the economy into recession.
Tue, Mar 11
JGB yields tumble on declines in US peers, safe-haven bets
TOKYO, March 11 (Reuters) - Japanese government bond (JGB) yields dropped sharply on Tuesday, as U.S. Treasury yields fell overnight and losses in Japan and U.S. equities boosted appetite for safe-haven debt.The 10-year JGB yield JP10YTN=JBTC fell 5 basis points to 1.525% in its biggest daily...
Tue, Mar 11
Soybeans near one-week low on China demand worries, corn falls
SINGAPORE, March 11 (Reuters) - Chicago soybeans slid for a third consecutive session on Tuesday, with prices dropping to their lowest in almost one week amid ample Brazilian supplies and worries over demand in top importer China.
Tue, Mar 11
Citi downgrades US stocks allocation
SINGAPORE, March 11 (Reuters) - Analysts at Citi downgraded their U.S. stocks recommendation to neutral and upgraded China, figuring the U.S. economy may no longer outpace the rest of the world in the coming months."We had not fully implemented our view that U.S. exceptionalism is at least pausi...
Tue, Mar 11
Japan downgrades Q4 GDP, US tariffs cloud outlook
Q4 GDP rose 2.2%, slower than 2.8% first reportedCapex revised up while consumption revised downRelatively upbeat data backs BOJ's case for additional rate hikeOfficials express concern about outlookBy Satoshi Sugiyama TOKYO, March 11 (Reuters) - Japan's economy expanded in the October-D...
Tue, Mar 11
US stock market loses $4 trillion in value as Trump plows ahead on tariffs
NEW YORK, March 10 (Reuters) - President Donald Trump’s tariffs have spooked investors, with fears of an economic downturn driving a stock market sell-off that has wiped out $4 trillion from the S&P NEW YORK, March 10 (Reute500’s peak last month, when Wall Street was cheering much of Trump's agenda.
Tue, Mar 11
PRECIOUS-Gold holds steady as market awaits US data, tariff impact
March 11 (Reuters) - Gold held steady on Tuesday as investors awaited a key inflation print this week to assess the Federal Reserve's interest rate path, amid concerns of simmering trade tensions and slowing economic growth following U.S. President Donald Trump's tariffs.FUNDAMENTALS* Spot g...
Tue, Mar 11
AT&T sees first-quarter profit in line with estimates on 5G, fiber expansion
March 10 (Reuters) - AT&T T.N forecast first-quarter adjusted profit in line with analysts' estimates on Monday, signaling steady demand for its discounted premium plans combining 5G mobile with high-speed fiber data.The U.S. telecom giant has been investing in its high-speed fiber internet ...
Mon, Mar 10
Oil settles down 1.5% as tariffs prompt fears of slow demand
WTI and Brent benchmarks register multiple weekly declinesIEA and OPEC monthly reports expected this weekSaudi Aramco cuts crude prices to Asia By Laila Kearney and Enes Tunagur NEW YORK/LONDON, March 10 (Reuters) - Oil prices were down 1% on Monday on fears that U.S. tariffs on Canada, Mexico an...
Mon, Mar 10
