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US STOCKS-Wall Street ends narrowly mixed in choppy trade on weak economic data
NEW YORK, June 4 (Reuters) - U.S. stocks ended mixed on Wednesday, with the benchmark S&P 500 flat, the technology-heavy Nasdaq Composite slightly up and the Dow Jones Industrial Average down as weak data revealed the economic toll taken by President Donald Trump's trade policies.
Thu, Jun 5
Amazon's delivery, logistics get an AI boost
Amazon to use AI for advanced warehouse robotsGenerative AI to enhance delivery maps for Amazon driversAI to optimize product stocking, reduce carbon emissionsBy Greg Bensinger
Thu, Jun 5
Dollar falls after data disappoints; Trump calls for rate cut
US private payrolls post smallest gain in over two years in MayUS service sector unexpectedly contracts in May; inflation heats upTrump says Fed's Powell must lower interest rate Trump to speak this week with China's Xi amid clash over tariff truceBy Saqib Iqbal Ahmed
Thu, Jun 5
Japan April real wages slump for fourth month as inflation bites
Japan April real wages fall 1.8%, marking fourth monthly decline The labour ministry says inflation outpaces wage hikes Analysts fear US tariffs could spoil pay hike momentumMajor companies on average agreed to over 5% pay hikes during talks this springBy Satoshi Sugiyama
Thu, Jun 5
Disney fails to stop YouTube from hiring veteran Connolly
June 4 (Reuters) - A judge in Los Angeles on Wednesday denied Walt Disney's DIS.N request for a preliminary injunction and a temporary restraining order aimed at preventing long-time executive Justin Connolly from joining Alphabet's GOOGL.O YouTube.
Thu, Jun 5
Oil settles 1% lower after US data shows large builds in fuel stocks
US gasoline, distillate stocks post big weekly buildsOPEC+ supply rises weigh on sentimentPersistent tariff tensions stalk market By Arathy Somasekhar HOUSTON, June 4 (Reuters) - Oil prices settled down just over 1% on Wednesday after U.S. data showed surprisingly large build in gasoline and ...
Wed, Jun 4
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German stocks rise on tax relief package approval; Europe's STOXX 600 touches one-week high
Airbus shares rise after report of Chinese aircraft ordersGerman cabinet approves tax relief package to boost economyDAX up 0.8%, STOXX 600 up 0.5%By Medha Singh, Sanchayaita Roy and Ragini Mathur June 4 (Reuters) - European stocks closed higher on Wednesday, buoyed by Berlin's approval of ...
Wed, Jun 4
PRECIOUS-Gold holds ground as jobs data offsets safe-haven demand
Trump calls China's Xi tough, 'hard to make a deal with'Gold may trade in $3,300-$3,400 range in short term - analystBy Brijesh Patel and Anushree Mukherjee June 4 (Reuters) - Gold prices held steady on Wednesday as stronger U.S. jobs data countered safe-haven demand driven by sim...
Wed, Jun 4
Japan's Nikkei surges on trade deal hopes lift tech; Toyota Industries slides
TOKYO, June 4 (Reuters) - Japanese stocks snapped a three-session skid on Wednesday after the yen weakened and hopes rose for a potential trade deal that could reopen the technology markets with China.The benchmark Nikkei 225 Index .N225 closed 0.8% higher, while the broader Topix ...
Wed, Jun 4
Gold steadies as modest US jobs data offsets trade uncertainty
OECD warns of global economic slowdown due to trade warChina tells US to get ties back on "right track"Fed officials cautious on policy outlook amid trade uncertaintyBy Anmol Choubey June 4 (Reuters) - Gold prices steadied on Wednesday as a somewhat strong U.S. jobs data for April offset ...
Wed, Jun 4
South Korea's new President Lee vows to revive democracy from 'near demise'
Liberal leader sworn in, vows to revive democracy, economyEconomy is under siege from global protectionism, Lee saysLee wins 49.4% of votes in heavy turnoutElection called after Yoon ousted over martial lawWhite House calls South Korea election 'fair' By Hyunsu Yim and Ju-min Park SEOUL, ...
Wed, Jun 4
Japan's Nikkei surges as trade optimism lifts tech; Toyota Industries plunges
TOKYO, June 4 (Reuters) - Japanese stocks climbed, snapping a three-day skid, after the yen weakened and glimmers of hope emerged for a trade deal that will reopen technology markets with China.
Wed, Jun 4
Australia's Mayne Pharma slides on US co's notice to scrap $432 mln deal
Mayne Pharma MYX.AX slides as much as 12.5% to A$4.14, lowest since November 21, 2024. Co gets purported notice to terminate $432 million acquisition offer from U.S.-based Cosette Pharmaceuticals. Says it intends to reject termination notice as invalid
Wed, Jun 4
Japan bonds fall ahead of auction as concerns over deficits linger
TOKYO, June 4 (Reuters) - Japanese government bonds (JGB) fell on Wednesday ahead of an auction of long-dated debt at a time when markets are skittish about sovereign fiscal deficits.
Wed, Jun 4
FOREX-Dollar edges down as trade tensions simmer ahead of jobs data
TOKYO, June 4 (Reuters) - The dollar drifted lower on Wednesday as the market looked ahead to U.S. employment data for immediate trading cues, while waiting on developments in President Donald Trump's tariff negotiations with key trading partners including China.
Wed, Jun 4
Japan's service sector growth slows in May, PMI shows
TOKYO, June 4 (Reuters) - Growth in Japan's service-sector activity slowed in May on weaker demand, offering little to mitigate falling factory activity and resulting in a near-zero growth for business overall, a private sector survey showed on Wednesday.
Wed, Jun 4
GRAINS-Wheat falls for second session on US crop prospects; corn slips
SINGAPORE, June 4 (Reuters) - Chicago wheat futures slid on Wednesday, with improved condition of the U.S. crop boosting supply prospects and putting pressure on prices.
Wed, Jun 4
COLUMN-Asia could outstrip Europe as key beneficiary of U.S. capital flight: Raychaudhuri
June 4 - As global investors consider reducing their exposure to U.S. financial assets, the key question is where money flowing out of the U.S. will go. While Europe may be the obvious destination, relative value metrics may favour emerging Asia.
Tue, Jun 3
Wind opponents sue Trump administration to block New York wind project
June 3 (Reuters) - Fishing companies and offshore wind opponents filed a lawsuit on Tuesday challenging the Trump administration's decision to reverse course and allow construction to resume on Empire Wind, a $5 billion wind farm project off New York's coast.
Tue, Jun 3
Bitcoin hoarder Strategy announces IPO plans, shares rise
Shares of Strategy MSTR.O, the largest corporate holder of bitcoin, rise 1.5% to $377.85 premarket
Tue, Jun 3
