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GLOBAL MARKETS-Asian stocks slip as nervy markets wait for Fed
Investors cautious ahead of central bank meetingsFed rate cut all but certain, focus moves to rates outlookYen steady after Japan earthquake, limited impactBy Ankur Banerjee SINGAPORE, Dec 9 (Reuters) - Asian stocks fell and the dollar was steady on Tuesday as investors braced for a cut in U.S. i...
Reuters
Tue, Dec 9
Tesla Stock Drops 3% as New Morgan Stanley Analyst Downgrades Shares, Citing Valuation
Morgan Stanley’s newest Tesla Motors analyst downgraded the bank’s rating on the stock, a reversal from a prior bullish position.
Tiger News
Tue, Dec 9
HK Movers | Biomedical Stocks Jump With Ascletis Pharma up 21%, Sirnaomics up 11%
Biomedical stocks jumped in Hong Kong. Ascletis Pharma rose 21%; Sirnaomics rose 11%; Joinn Laboratories rose 10%; WuXi XDC rose 5%; Pharmaron and WuXi Biologics rose 4%; WuXi AppTec rose 3%.
Tiger News
Tue, Dec 9
24H|Sezzle Jumped 7%; Vital Farms And Wave Life Gained 3%; Nvidia And AMD Rose 2%
Shares of digital payments company Sezzle Inc and food company Vital Farms rose after it was disclosed that both would be added to the S&P SmallCap 600 index.Sezzle's stock were up 7%, while shares of Vital Farms gained 3% in overnight trading.Wave Life Sciences rose 3% after surging 147% on Monday...
Tiger News
Tue, Dec 9
HK Movers | Able Digital Extends Rally, Jumps Another 14% After an 87% Surge on Debut
Able Digital extended rally, jumped another 14% in Hong Kong after an 87% surge on debut.Able Digital is a renowned provider of digital teaching solutions for higher education institutions in China, committed to delivering and operating digital educational content, digital teaching environments, and...
Tiger News
Tue, Dec 9
HK Movers | Ascletis Pharma Surges as ASC30 Shows Positive Top-Line Results in 13-Week Phase 2 Obesity Trial
Ascletis Pharma surged 23.3% in Hong Kong.Ascletis Pharma announced that its 13-week Phase II study (NCT07002905) evaluating the oral small-molecule GLP-1 receptor (GLP-1R) agonist ASC30 for the treatment of obesity has achieved positive top-line results. In addition to delivering statistically sign...
Tiger News
Tue, Dec 9
Japan's Nikkei tracks Wall Street lower, shakes off quake
By Kevin Buckland TOKYO, Dec 9 (Reuters) - Japan's Nikkei share average edged lower on Tuesday, tracking overnight declines on Wall Street.The market shrugged off a powerful offshore earthquake on Monday that did little damage and did not trigger a massive tsunami, despite an initial warning....
Reuters
Tue, Dec 9
RPT-ROI-Will Trump's Fed pick slash rates? The market doesn't think so: McGeever
By Jamie McGeeverORLANDO, Florida, Dec 8 (Reuters) - Financial pundits seem convinced that the new Federal Reserve chair will be an uber-dovish Donald Trump loyalist intent on slashing interest rates regardless of the economic fundamentals. Markets aren't buying it.Jerome Powell, whose eight-yea...
Reuters
Tue, Dec 9
Post-Bell | US Stocks End Lower. Tesla, Netflix Fall 3%; Marvell down 7%; Nvidia up 2%; Broadcom Rises 3%; WBD Climbs 4%; Confluent Surges 29%
Wall Street's main indexes closed lower on Monday, with most S&P 500 industry sectors in the red, while Treasury yields gained as investors waited nervously for the Federal Reserve monetary policy update due in two days.Market SnapshotThe Dow Jones Industrial Average fell 215.67 points, or 0.45%, to...
Tiger News
Mon, Dec 8
Alexander & Baldwin to be taken private in $2.3 billion all-cash buyout
Dec 8 (Reuters) - Hawaii-based commercial real estate investment fund Alexander & Baldwin ALEX.N said on Monday that it will be taken private by a group of investors led by MW Group in an all-cash deal that values the company at about $2.3 billion.Alexander & Baldwin shareholders will receiv...
Reuters
Mon, Dec 8
Fulcrum Therapeutics dips after unveiling $150 million share sale
Shares of drug developer Fulcrum Therapeutics FULC.O fall 1.8% to $12.75 in extended tradingFULC kicks off public offering of $150 million worth of sharesStock closed 46% higher on Monday after FULC unveiled trial data of blood disorder drugJ.P. Morgan, Leerink Partners, and Cantor are book-running ...
Reuters
Mon, Dec 8
GLOBAL MARKETS-US yields, dollar edge up; investors eye Fed rate cut this week
US stocks drop as investors wait for Fed rate decisionFed expected to deliver rate cut on WednesdayRates set to stay on hold in Canada, Switzerland, AustraliaBy Caroline Valetkevitch NEW YORK, Dec 8 (Reuters) - U.S. Treasury yields and the dollar gained on Monday as investors prepared for this we...
Reuters
Mon, Dec 8
First Guaranty Bancshares ends higher after director buys stock
Community lender First Guaranty Bancshares' FGBI.O shares close up 8.8% at $4.80FGBI director Robert Walker bought 3,600 shares of the bank in recent weeks, according to a regulatory filing late on FridayBuybacks and insider buying are the strongest signals companies can send to the market, acco...
Reuters
Mon, Dec 8
TRADING DAY-Fed uncertainty hits stocks and bonds
By Jamie McGeever ORLANDO, Florida, Dec 8 (Reuters) - Apprehension ahead of the Federal Reserve's policy decision later this week weighed on Wall Street on Monday, while continued selling in U.S. Treasuries pushed the 30-year yield to its highest in three months. More on that below. In my col...
Reuters
Mon, Dec 8
Nvidia up after Trump says he will allow sale of H200 chips to China
Nvidia's NVDA.O shares rise 2% to $189.18 after the bellU.S. President Donald Trump says he will allow sale of NVDA's H200 chips to approved customers in China and other countries, under conditions that allow for continued strong national securityU.S. Department of Commerce is finalizing the...
Reuters
Mon, Dec 8
US STOCKS-US stocks end lower as investors wait for Fed rate decision
Indexes fall: Dow 0.45%, S&P 500 0.35%, Nasdaq composite 0.14%Paramount Skydance rallies as it bids for Warner Brothers, against NetflixConfluent jumps after report that IBM nears $11 billion buyout dealOppenheimer sets Street-high 8,100 S&P 500 target for 2026By Sinéad Carew and Johann M Ch...
Reuters
Mon, Dec 8
CANADA STOCKS-TSX falls as investors brace for central bank decisions
By Nivedita Balu Dec 8 (Reuters) - Canada's main stock index closed lower on Monday, weighed down by metal and mining shares and as investors booked profits while awaiting monetary policy decisions in the U.S. and Canada this week.Toronto's S&P/TSX Composite Index .GSPTSE closed down ...
Reuters
Mon, Dec 8
LIVE MARKETS-Stocks press "pause" ahead of Fed
Stocks end lower; Dow off mostComm svcs down most among S&P sectors; Tech sole gainer Dollar edges up; gold slips; bitcoin gains, crude down ~2%U.S. 10-year Treasury yields rise to 4.17%Welcome to the home for real-time coverage of markets brought to you by Reuters reporters. You can share your ...
Reuters
Mon, Dec 8
Xponential Fitness, Inc. Announces Debt Refinancing, New Credit Facilities
Dec 8 (Reuters) - Xponential Fitness Inc XPOF.N:XPONENTIAL FITNESS, INC. ANNOUNCES DEBT REFINANCING, NEW CREDIT FACILITIESXPONENTIAL FITNESS INC - ANNOUNCES $525 MILLION TERM LOAN FACILITYXPONENTIAL FITNESS INC - INCLUDES $25 MILLION REVOLVING CREDIT FACILITYXPONENTIAL FITNESS INC: COMPANY TO REPURC...
Reuters
Mon, Dec 8
US STOCKS-US stocks end lower as investors wait for Fed rate decision
Indexes lose groundParamount Skydance rallies as it bids for Warner Brothers, against NetflixConfluent jumps after report that IBM nears $11 billion buyout dealOppenheimer sets Street-high 8,100 S&P 500 target for 2026By Sinéad Carew and Johann M Cherian Dec 8 (Reuters) - Wall Street's ma...
Reuters
Mon, Dec 8
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