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LIVE MARKETS-A case of the Tuesdays: Wall Street falters, S&P 500 ends green streak
Main US indexes close modestly lowerEnergy weakest S&P sector; Utilities lead gainersDollar down; crude slips; bitcoin up >1%; gold up ~2%US 10-Year Treasury yield flat at ~4.48%Welcome to the home for real-time coverage of markets brought to you by Reuters reporters. You can share your thoug...Reuters
Tue, May 20
Brokerage Citi positive on Nick Scali's UK business
** Analysts at Citi see positive medium-term tailwinds for Australia-based Nick Scali's NCK.AX UK business** Brokerage continues to see market recovery in the UK due to interest rate cuts and housing transaction growth, supporting its forecast for per-store sales uplift of 41% in comany's UK...Reuters
Tue, May 20
EMERGING MARKETS-Latin American assets pause after rally as US growth worries cloud outlook
Latam FX down 0.1%, stocks down 0.2%Colombia public debt puts sovereign rating at risk, Moody's analyst saysUkraine dollar bonds slip after Trump-Putin callBy Nikhil Sharma and Purvi Agarwal May 20 (Reuters) - Most Latin American stocks and currencies took a breather on Tuesday after strong g...Reuters
Tue, May 20
Zoom falls as Alphabet unveils video communications platform Google Beam
** Shares of video conferencing platform Zoom Communications ZM.O fall as much as 1.9% to $81.3; last down 0.4% at $82.94 ** Alphabet GOOGL.O announces AI-first video communications platform, Google Beam, at its annual developer conference ** ZM in a post on X says will collaborate w...Reuters
Tue, May 20
FDA tightens requirements for COVID vaccine, adding trials for healthy adults
FDA leaders say studies need to show evidence of benefit of annual shots for healthy adultsFDA leaders say 100 million-200 million Americans would still be eligible for annual shotsFDA leaders say U.S. COVID policy has been more aggressive than EuropeBy Michael Erman NEW YORK, May 20 (Reuters) - ...Reuters
Tue, May 20
Why Amer Sports Rocketed Higher Today
Shares of sports apparel and equipment conglomerate Amer Sports (NYSE: AS) rocketed 18.1% higher on Tuesday, as of 2:18 p.m. ET.The owner of outdoor gear and apparel brand Arc'teryx, shoe and ski/snowboard brand Salomon, tennis brand Wilson, and baseball bat brand Louisville Slugger, among others, r...The Motley Fool
Tue, May 20
US STOCKS-Wall Street stocks slip, rising US Treasury yields in focus
Indexes down: Dow 0.58%, S&P 500 0.70%, Nasdaq 0.75%Tesla up after Musk says committed to being CEOHome Depot pares earlier gains following Q1 sales beat By Chibuike Oguh NEW YORK, May 20 (Reuters) - U.S. stocks fell on Tuesday, with the benchmark S&P 500 on track to break six straigh...Reuters
Tue, May 20
Natgas companies gain on lower output, higher demand
** Shares of U.S. natural gas companies up, tracking rise in natgas futures NGA/** U.S. natgas futures NGc1 up 9.2% at $3.39 per million British thermal units, after Monday's lowest close since April 25** Natural gas prices rose on a decline in daily output and forecasts for more demand next wee...Reuters
Tue, May 20
Musk, Republican Party's biggest donor, says he will cut political spending
Musk was biggest Republican donor in 2024Musk's Department of Government Efficiency sought to eliminate thousands of federal jobsTesla sales have slumped amid protests in US, EuropeBy Nandita Bose, Andrew Mills and Akash Sriram DOHA/WASHINGTON, May 20 (Reuters) - Elon Musk, who spent nearly $...Reuters
Tue, May 20
Hovnanian Enterprises Inc reports results for the quarter ended April 30 - Earnings Summary
Hovnanian Enterprises Inc HOV.N reported quarterly adjusted earnings of $2.43 per share for the quarter ended April 30. The lone analyst forecast for the quarter was for earnings of $2.45 per share. Revenue was $686.47 million; analysts expected $733.20 million. Hovnanian Enterprises Inc's r...Reuters
Tue, May 20
Vaccine makers up after FDA sets new guidelines for COVID shot approval
** Shares of vaccine makers rise after FDA leaders' comments on new guidelines for approval of COVID boosters ** Shares of Moderna MRNA.O up 8.5% at $28.62, Pfizer PFE.N up 2.2% at $23.50 and Novavax NVAX.O up 1.5% at $7.86** U.S. FDA plans to mandate new placebo-controlled clinical trials for a...Reuters
Tue, May 20
GLOBAL MARKETS-Stocks ease, Treasury yields rise; US tax-cut bill in focus
US stocks down in afternoon tradingSuper-long Japanese government bond prices fall sharply Dollar declines while gold rises 1%By Caroline Valetkevitch NEW YORK, May 20 (Reuters) - Major stock indexes eased while U.S. Treasury yields rose on Tuesday as investors focused on a critical vote in Washi...Reuters
Tue, May 20
Why Home Depot Stock Is Volatile Today
Home Depot (NYSE: HD) missed earnings expectations, but the company's sales came in stronger than expected.Investors aren't sure what to think of the results. Shares of Home Depot traded up as much as 3% early in the day, but were down 1% at 1 p.m. ET.Where to invest $1,000 right now? Our analyst te...The Motley Fool
Tue, May 20
