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Stocks
LIVE MARKETS-Benchmark Treasury yield hits multi-month highs
Main US equity index futures mixed, little changedInitial jobless claims 227k vs 230k estimateEuro STOXX 600 index down ~1%Dollar up; bitcoin rallies ~3%; gold dips; crude down >1.5%US 10-Year Treasury yield edges down to ~4.58%Welcome to the home for real-time coverage of markets brought to you ...Reuters
Thu, May 22
Stocks
Geopolitical stakes rise as U.S. faces renewed risks with Iran, Russia - Citi
Investing.com -- Rising tensions between the United States and its geopolitical rivals are casting a long shadow over oil markets, Citi said in its latest Oil Monitor report, citing binary risks tiedInvesting.com
Thu, May 22
Other
Palestinian minister reports 29 starvation-related deaths among Gazan children, elderly
GENEVA, May 22 (Reuters) - The Palestinian health minister said on Thursday that 29 children and elderly people had died from starvation-related deaths in Gaza in recent days and that many thousands more were at risk.Food aid is expected to start reaching Gazans on Thursday after Israel let the firs...Reuters
Thu, May 22
Forex
CANADA FX DEBT - Canadian dollar weakens, benchmark yield slips
The Canadian dollar weakened against the greenback on Thursday, and the yield on benchmark government debt slipped. The loonie CAD= was trading 0.1% lower at C$1.3876 to the greenback, or 72.07 U.S. cents, after trading in a range of 1.3847 to 1.3885.Canadian government 10-year bond yields CA10YT=RR...Reuters
Thu, May 22
Stocks
2 "Magnificent Seven" Stocks Billionaires Are Buying
The "Magnificent Seven" includes some of the most profitable and dominant tech companies in the world. These are financially strong companies with a long history of delivering market-beating returns for shareholders, which is why they have earned the label "magnificent."The most recent quarterly For...The Motley Fool
Thu, May 22
Economic Indicator
US real earnings stalled across age, income groups in past year, study shows
By Howard SchneiderWASHINGTON, May 22 (Reuters) - Inflation-adjusted earnings stalled across age and income groups over the past year, while the sometimes rapid wage gains of the COVID-19 era have left workers as a whole little better off five years later, a JPMorganChase Institute study concluded.T...Reuters
Thu, May 22
Stocks
COLUMN-Dollar sliding fast, but pace can't last: McGeever
By Jamie McGeeverORLANDO, Florida, May 22 (Reuters) - There are plenty of fundamental economic reasons to hold a long term negative view on the U.S. dollar, but the selling and bearish sentiment currently smothering the greenback may be overdone.The dollar has lost 5% of its value against a basket o...Reuters
Thu, May 22
Stocks
US STOCKS-Wall St set for lower open after Trump's tax bill narrowly clears House test
Futures down: Dow 0.56%, S&P 500 0.48%, Nasdaq 0.44%Tax-cut bill passes in 215-214 vote, sent to US SenateSnowflake shines after raising revenue forecastSolar stocks fall on fears of green-energy subsidies endingBy Shashwat Chauhan and Kanchana Chakravarty May 22 (Reuters) - Wall Street's...Reuters
Thu, May 22
Stocks
Elbit Systems falls after $512 mln equity raise
** U.S.-listed shares of Israeli defense firm Elbit Systems ESLT.O down 4.9% before the bell at $376.50 after follow-on priced ** Co said sold ~1.4 mln shares at $375 for gross proceeds of $512 mln to be used for general purposes ** Offering priced at 5.3% discount to stock's last clo...Reuters
Thu, May 22
Economic Indicator
POLL-Bank of Israel to keep rates on hold after April inflation jump
Rates decision due on Monday at 1300 GMTAll 14 economists polled by Reuters see no move this month Inflation rate rose to 3.6% in April, above 1%-3% targetIsrael economy grew 3.4% in Q1reuters://realtime/verb=Open/url=cpurl://apps.cp./Apps/cb-polls?By Steven ScheerJERUSALEM, May 22 (Reuters) - The B...Reuters
Thu, May 22
Other
Boeing has recovered production momentum, engine maker Safran says
PARIS, May 22 (Reuters) - U.S. planemaker Boeing BA.N has recovered production momentum after years of uncertainty surrounding setbacks to its 737 MAX, the head of engine maker Safran SAF.PA said on Thursday.Production of the benchmark narrow-body jet stands at almost 38 a month, the ceiling imposed...Reuters
Thu, May 22
Other
June 1 property cat rates down 10% with decreases accelerating at top of towers: KBW
By Scott VincentMay 22 - (The Insurer) - Bermuda's reinsurers broadly expect property catastrophe rate decreases of around 10% year on year at the June 1 renewals, with attachment points and terms and conditions likely to remain stable, KBW analyst Meyer Shields said in a note published on Thurs...Reuters
Thu, May 22
Other
ProSieben boards advise against takeover bid from Berlusconis' MFE
ProSieben says MFE offer not adequateMFE looking to build Europan TV championCzech investment firm PPF moved to increase stakeBy Alexander Hübner and Elvira Pollina MUNICH, Germany, May 22 (Reuters) - The boards of ProSiebenSat.1 PSMGn.DE have advised against an "inadequate" takeover bid ...Reuters
Thu, May 22
Stocks
GLOBAL MARKETS-Bond selloff rolls on as US House passes Trump's 'big beautiful' tax bill
Long-term bond yields rise on U.S. debt concernsEuropean stocks drop, bitcoin rises in risk-off moveOil drops on reports of OPEC+ supply increaseBy Marc Jones LONDON, May 22 (Reuters) - Bond vigilantes continued to stalk global debt markets on Thursday, also keeping the dollar and stocks subdued,...Reuters
Thu, May 22
Other
Northvolt to wind down battery making in Sweden by the end of June
STOCKHOLM, May 22 (Reuters) - Swedish automotive battery maker Northvolt, which declared bankruptcy in March, plans to wind down its remaining battery cell production in the Nordic country by the end of June, its trustee said on Thursday.Northvolt filed for bankruptcy in Sweden on March 12, making i...Reuters
Thu, May 22
Stocks
Is Archer Aviation Stock a Millionaire Maker?
Archer Aviation (NYSE: ACHR) is trying to revolutionize the way we think about travel. When you find out that it is building aircraft, you might think that the above statement sounds a bit bold. How could the company revolutionize airplanes? Well, by making them much, much smaller. Here's what you n...The Motley Fool
Thu, May 22
Other
Paul Mescal rejects comparison of new Cannes film with 'Brokeback Mountain'
Mescal, Josh O'Connor star in 'History of Sound'Irish actor calls comparisons lazy, frustratingDirector calls for more nuanced queer filmsBy Miranda Murray CANNES, France, May 22 (Reuters) - Irish actor Paul Mescal rejected comparisons of his new period romance "The History of Sou...Reuters
Thu, May 22
