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ASX Weekly Review | Is This the End of Rate Cuts? ASX Tumbles as Banks Slide
Some heavy losses in the banking sector saw the Australian share market record its second consecutive weekly loss as the prospect of no further interest rate falls began to sink in.With the Reserve Bank deciding to hold the cash rate steady during the week the ASX 200 index dropped 58.6 points, or 0...
Tiger News
Sat, Nov 8
U.S. Weekly Review | GM, Tesla, Palantir, American Airlines and More Stocks That Defined the Week
General Motors Trade-sensitive stocks rose Wednesday as the Supreme Court heard oral arguments on the case challenging the broad array of global tariffs President Trump has imposed.The levies appeared to be on shaky ground after the hearing, during which justices expressed skepticism about Trump’s a...
Tiger News
Sat, Nov 8
US warns it could force 20% flight cuts if shutdown continues
FAA mandates 4% cuts on Friday Cuts include some 700 flights from four largest carriersInternational flights not affectedBy David Shepardson WASHINGTON, Nov 7 (Reuters) - U.S. Transportation Secretary Sean Duffy warned Friday he could force airlines to cut up to 20% of flights if the government s...
Reuters
Sat, Nov 8
GLOBAL MARKETS-Nasdaq has worst week since April amid AI rally jitters, US yields slip
Nasdaq hit by sentiment shift on AI rallyDow and S&P 500 turn slightly positive in late afternoon Dollar lower against major currenciesBy Caroline Valetkevitch NEW YORK, Nov 7 (Reuters) - The Nasdaq ended slightly lower on Friday but registered its biggest weekly percentage drop since early A...
Reuters
Sat, Nov 8
Post-Bell | Wall St Ends Mixed on Signs of Shutdown Progress. Tesla Drops 4%; XPeng down 6%; SanDisk Soars 15%; Affirm Rises 12%; Strategy, Robinhood Jump 2%
The Nasdaq closed lower but the S&P 500 and the Dow eked out late-session gains on Friday as investors turned the page on a roller-coaster week with economic worries, the longest-ever federal government shutdown, and sky-high tech stock valuations dampening risk appetite.All three major U.S. stock i...
Tiger News
Fri, Nov 7
US FDA places clinical hold on Tenaya gene therapy trial for rare heart disease
Nov 7 (Reuters) - Tenaya Therapeutics TNYA.O said on Friday the U.S. Food and Drug Administration has placed a clinical hold on its trial of an experimental gene therapy for a type of rare inherited heart disease. Shares of the company slipped more than 20% in extended trading.The early-to-mid stage...
Reuters
Fri, Nov 7
DIARY-Federal Reserve Events
Denotes a new entry. -------------------------------------------------------- Federal Open Market Committee (FOMC) MEETING DATES: 2025December 9-10 (second day: statement released 1400 EST/1900 GMT; news conference expected 1430 EST/1930 GMT) 2026January 27-28 (second day: sta...
Reuters
Fri, Nov 7
CANADA STOCKS-TSX posts second straight weekly decline as investor caution grows
TSX ends up 0.2% at 29,912.19For the week, the index loses 1.15%Materials group adds 1.4% as gold risesTech sector falls 2.6%By Pranav Kashyap and Fergal Smith TORONTO, Nov 7 (Reuters) - Canada's main stock index ended higher on Friday as investors weighed prospects of an end to the U.S. gove...
Reuters
Fri, Nov 7
Wall St Week Ahead-Investors watching US economic signs as market pulls back, tech teeters
S&P 500 posts weekly drop, backing off record highTech sector leads pullback, weak labor data also in focusStellar Q3 earnings season overall coming to a closeBy Lewis Krauskopf NEW YORK, Nov 7 (Reuters) - Investors will seek clues about the health of the U.S. economy in the coming week follo...
Reuters
Fri, Nov 7
US stocks weekly: Techno-Angst!
S&P 500 .SPX snaps three-week winning streak, retreats 1.6% as jitters over stretched tech valuations, the economy curb risk appetite .NDow .DJI falls 1.2%, while tech-heavy Nasdaq Composite .IXIC tumbles 3% for its worst week since early AprU.S. 10-Year Treasury yield US10YT=RR ticks lower to e...
Reuters
Fri, Nov 7
GLOBAL MARKETS-Nasdaq has worst week since April amid AI rally jitters, US yields slip
Nasdaq hit by sentiment shift on AI rallyDow and S&P 500 turn slightly positive in late afternoon Dollar lower against major currenciesBy Caroline Valetkevitch NEW YORK, Nov 7 (Reuters) - The Nasdaq ended barely lower on Friday but registered its biggest weekly percentage drop since early Apr...
Reuters
Fri, Nov 7
US STOCKS-Wall St ends mixed on signs of shutdown progress
Indexes: Dow up 0.16%, S&P 500 up 0.13%, Nasdaq off 0.21%Democrats propose a deal to end shutdownTesla shareholders approve $1 trillion CEO pay packageMicrochip Technology falls following its disappointing sales forecastExpedia jumps after annual revenue growth forecast hikeBy Stephen Culp NE...
Reuters
Fri, Nov 7
LIVE MARKETS-Stocks close down for the week as valuations, shutdown weigh
US equity indexes mixed; Nasdaq down 0.2%Comm csrv weakest S&P 500 sector, energy best performerDollar down; gold, crude up; bitcoin gains >2%US 10-Year Treasury yield flat at ~4.09% Welcome to the home for real-time coverage of markets brought to you by Reuters reporters. You can share your ...
Reuters
Fri, Nov 7
US STOCKS-Nasdaq ends lower, stocks pare losses on signs of shutdown progress
Democrats propose a deal to end shutdownTesla shareholders approve $1 trillion CEO pay packageMicrochip Technology falls following its disappointing sales forecastExpedia jumps after annual revenue growth forecast hikeBy Stephen Culp NEW YORK, Nov 7 (Reuters) - The Nasdaq closed lower on Friday a...
Reuters
Fri, Nov 7
EMERGING MARKETS-LatAm assets head for solid weekly finish despite global market gloom
LatAm stocks up 0.7%, FX up 0.4%Mexico annual inflation decelerates in OctoberChile's inflation cools sharply, returns to central bank's targetChile's October copper exports up 13.5% at $4.99 billionBy Nikhil Sharma and Sukriti Gupta Nov 7 (Reuters) - Latin American assets were on tra...
Reuters
Fri, Nov 7
Applied Optoelectronics falls after Q3 revenue miss, downbeat Q4 revenue forecast
Fiber optic networking products maker Applied Optoelectronics AAOI.O fall 4.4% to $27.82 Co reported late on Thursday Q3 revenue of $118.6 million, missing analysts' estimate of $119.8 million, according to data compiled by LSEGCompany expects Q4 revenue between $125 million and $140 mln, analy...
Reuters
Fri, Nov 7
US STOCKS-Wall Street slides on economic jitters, tech valuations
Indexes down: Dow 0.37%, S&P 500 0.62%, Nasdaq 1.17%Tesla shareholders approve $1 trillion CEO pay packageMicrochip Technology falls following its disappointing sales forecastExpedia jumps after annual revenue growth forecast hikeBy Stephen Culp NEW YORK, Nov 7 (Reuters) - U.S. stocks extende...
Reuters
Fri, Nov 7
US STOCKS-Wall Street slides on economic jitters, tech valuations
Indexes down: Dow 0.37%, S&P 500 0.62%, Nasdaq 1.17%Tesla shareholders approve $1 trillion CEO pay packageMicrochip Technology falls following its disappointing sales forecastExpedia jumps after annual revenue growth forecast hikeBy Stephen Culp NEW YORK, Nov 7 (Reuters) - U.S. stocks extende...
Reuters
Fri, Nov 7
Holley Performance soars on 2025 revenue forecast raise, Q3 revenue beat
Shares of auto parts maker Holley Performance HLLY.N rise 42% to $3.9 Co reports Q3 revenue of $138.4 million, beating analysts' estimate of $132.4 million, as per LSEG-compiled dataHLLY raises full-year 2025 revenue outlook to $590 mln - $605 mln, compared to a previous range of $580 mln to $59...
Reuters
Fri, Nov 7
Why Novo Nordisk Stock Is Sinking This Week
Key PointsNovo's third-quarter earnings and sales missed expectations.The company is losing share of the anti-obesity drug market to competitors.A fierce bidding war could be costly for Novo Nordisk.10 stocks we like better than Novo Nordisk › The stock price for Danish drugmaker Novo Nordisk (NYSE:...
The Motley Fool
Fri, Nov 7
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