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Sarepta down after pausing Elevidys shipments in US
Shares of Sarepta Therapeutics SRPT.O down 1.7% at $13.10; they fell nearly 8% in premarket trading
Tue, Jul 22
TREASURIES-US government bonds trade in tight range after rally
NEW YORK, July 22 (Reuters) - U.S. Treasury yields were slightly lower on Tuesday, with the market taking a breather after Monday's rally, which was driven by technical demand and renewed investor worries over the economic impact of U.S. tariffs.
Tue, Jul 22
RTX cuts 2025 profit forecast as tariff costs weigh
July 22 (Reuters) - RTX RTX.N cut its 2025 profit forecast on Tuesday as the aerospace and defense giant took a hit from U.S. President Donald Trump's trade war despite strong demand for its engines and aftermarket services.
Tue, Jul 22
S&P 500, Nasdaq ease early after Monday records
Dow edges green; S&P 500, Nasdaq declineTech leads S&P 500 sector decliners; Healthcare up mostDollar dips; crude down >1%; gold up; bitcoin up >%US 10-Year Treasury yield dips to ~4.34%Welcome to the home for real-time coverage of markets brought to you by Reuters reporters. You can s...
Tue, Jul 22
Avery Dennison falls after forecasting Q3 profit below estimates
Shares of packaging products maker Avery Dennison AVY.N down about 1% at $177 in choppy morning trade
Tue, Jul 22
[Reuters Analysis] Is today's AI boom bigger than the dotcom bubble?: McGeever
By Jamie McGeeverORLANDO, Florida, July 22 (Reuters) - Wall Street's concentration in the red-hot tech sector is, by some measures, greater than it has ever been, eclipsing levels hit during the 1990s dotcom bubble. But does this mean history is bound to repeat itself?The growing concentration i...
Tue, Jul 22
Wall St set for muted open on corporate earnings, trade talks
Futures: Dow down 0.11%, S&P 500 up 0.03%, Nasdaq down 0.05%Tariffs take $1 bln bite from GM earnings, shares fallRTX down after cutting 2025 profit forecastBy Nikhil Sharma and Pranav Kashyap July 22 (Reuters) - Wall Street was on track for a mixed start on Tuesday as investors weighed s...
Tue, Jul 22
Indonesia plans $8 billion refineries contract with US firm amid tariffs deal, sources say
Planned contract with KBR Inc to build 17 modular refineries, presentation showsJakarta banking on regional industry relocations to Indonesia due to lower US tariffIndonesia could see 0.5% boost to GDP due to US deal, minister tells businessesUS companies like Apple, General Electric will benefit fr
Tue, Jul 22
US Treasury chief: No need for Fed's Powell to step down right now
WASHINGTON, July 22 (Reuters) - There is no need for U.S. Federal Reserve Chair Jerome Powell to immediately step down, Treasury Secretary Scott Bessent said on Tuesday, adding that the Fed chief's legacy should be to right-size the central bank's non-monetary policy functions.Bessent's ...
Tue, Jul 22
UK borrows more as inflation adds to debt bill, and Reeves' headache
LONDON, July 22 (Reuters) - Britain borrowed more than expected in June as a jump in inflation pushed up the government's debt costs, adding to speculation about the need for new tax hikes by finance minister Rachel Reeves later this year.
Tue, Jul 22
Sarepta tumbles premarket following gene therapy-linked fatalities
Shares of Sarepta Therapeutics SRPT.O down ~7% at $12.39 in premarket trading on Tuesday. Co said on Monday it will pause all shipments of its Duchenne muscular dystrophy treatment, Elevidys, in the U.S.
Tue, Jul 22
Japan bonds drift higher as traders assess fiscal fallout from coalition defeat
TOKYO, July 22 (Reuters) - Japanese government bonds drifted higher on Tuesday as investors returning from a long holiday weekend assessed the fiscal implications of the ruling coalition's recent election defeat.
Tue, Jul 22
Google clinches milestone gold at global math competition, while OpenAI also claims win
AI models solved math problems by processing them using natural languageAI could soon tackle unsolved research problems, says math professor and former championOpenAI self-published results before official verificationBy Kenrick Cai and Jaspreet Singh July 21 (Reuters) - Alphabet's GOOGL.O Go...
Tue, Jul 22
Asian stocks firm as investors look to tariff negotiations, earnings
SINGAPORE, July 22 (Reuters) - Asian share markets held their ground near a four-year peak on Tuesday, buoyed by Wall Street's closing record high ahead of a slate of corporate earnings while investors took stock of tariff negotiations between the U.S. and its trading partners.
Tue, Jul 22
Japan's Nikkei nudges higher as investors digest election results
TOKYO, July 22 (Reuters) - Japan's Nikkei share average edged higher on Tuesday, as investors returning from an extended holiday weekend reacted positively to the outcome of the upper house election, which aligned with market expectations.
Tue, Jul 22
S&P 500 and Nasdaq notch record high closes, lifted by Alphabet
July 21 (Reuters) - The S&P 500 and the Nasdaq notched record high closes on Monday, lifted by Alphabet and other megacaps ahead of several earnings reports this week, while investors bet on potential trade deals to blunt economic damage from the Trump administration's global tariffs.
Tue, Jul 22
US Treasury's Bessent calls for review of Fed non-monetary policy operations
WASHINGTON, July 21 (Reuters) - U.S. Treasury Secretary Scott Bessent said the Federal Reserve's vital independence on monetary policy is threatened by its "mandate creep" into non-policy areas and he called on the U.S. central bank to conduct an exhaustive review of those operations.
Tue, Jul 22
AstraZeneca unveils $50 billion US investment as pharma tariff threat looms
WASHINGTON, July 21 (Reuters) - AstraZeneca AZN.L plans to spend $50 billion to expand manufacturing and research capabilities in the U.S. by 2030, it said on Monday, the latest big investment by a pharmaceutical company reacting to President Donald Trump's tariff policy.
Tue, Jul 22
Microsoft server hack hit about 100 organizations, researchers say
Most hit were in the US, Germany, and included government organizations -Shadowserver Foundation Hack exploits previously unknown flaw in SharePoint softwareThousands of entities potentially now vulnerable to attackBy James Pearson and Raphael Satter WASHINGTON/LONDON, July 21 (Reuters) - A sweep...
Mon, Jul 21
US not rushing trade deals ahead of August deadline, will talk with China, Bessent says
Treasury's Bessent says higher tariffs pressure countries to make dealsEU exploring broader counter-measures, diplomats sayTrump to meet with Philippine President Marcos on TuesdayJapanese trade negotiator to return to WashingtonBy Andrea Shalal and Susan Heavey WASHINGTON, July 21 (Reuters) ...
Mon, Jul 21
