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US STOCKS-S&P, Nasdaq end on subdued note after brief dip on latest Trump tariff rumbling
Indexes on Friday: Dow down 0.32%, S&P 500 and Nasdaq flatFor the week: Dow down 0.07%, S&P 500 up 0.6%, Nasdaq up 1.5%Netflix raises 2025 revenue guidance but shares fallCrypto stocks up as House passes stablecoin legislationExxon drops after losing Hess legal battleBy David French July ...Reuters
Fri, Jul 18
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Inside Debt - July 18
To access a PDF version of this newsletter, please click hereYou can read Inside Debt via TOPNEWS Fixed Income page.If you would like to receive this newsletter through your email, please register at: https://solutions.lseg.com/Inside-Debt-Subscription-pageFor an index of our newsletters click on NE...Reuters
Fri, Jul 18
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New York judge dismisses Fleming's suit against James River over JRG Re sale
By Isha MaratheJuly 18 - (The Insurer) - A New York federal judge on Thursday dismissed Fleming Intermediate Holdings' lawsuit alleging that James River misrepresented the representations and warranties in its $300 million sale of reinsurance subsidiary JRG Re.Altamont-owned Fleming, a Cayman I...Reuters
Fri, Jul 18
Stocks
Why Interactive Brokers Stock Popped on Friday
Key PointsInteractive Brokers stock beat on the top and bottom lines on Thursday evening.The company grew its customer count 32%, but its earnings only 24%.Interactive Brokers outperformed expectations this time, but long-term growth looks too slow to justify a premium valuation.10 stocks we like be...The Motley Fool
Fri, Jul 18
Stocks
CANADA STOCKS-TSX drops as industrial shares slide, wraps up week higher
By Nivedita Balu July 18 (Reuters) - Canada's main stock index closed lower on Friday, dragged down by weakness in industrial stocks, as investors reacted to trade uncertainty following a report that U.S. President Donald Trump was eyeing new tariffs on European Union products.Toronto Stock E...Reuters
Fri, Jul 18
Commodities
ICE canola ends firm; rally capped by good weather, US soyoil slides
July 18 (Reuters) - ICE canola futures closed modestly firmer on Friday but well off the day's highs as a retreat in U.S. soyoil futures and favorable crop weather in the Canadian Prairies cooled a round of technical buying, traders said.Benchmark November canola RSX5 settled up 40 cents at $700...Reuters
Fri, Jul 18
Cryptocurrencies
Trump plans to impose a 20% tariff on all EU goods if no deal is reached by August 1
Donald Trump has decided to jack up tariffs on every single good coming from Europe, pushing for a baseline rate of 15% to 20% in the next trade deal, according to the Financial Times. This comes after multiple rounds of back-and-forth talks with Brussels that aimed to hold tariffs at 10%, but that idea’s been […]Cryptopolitan
Fri, Jul 18
Other
Donald Trump sues Dow Jones, News Corp, Rupert Murdoch, WSJ reporters for libel, court records show
July 18 (Reuters) - U.S. President Donald Trump filed a lawsuit on Friday against Dow Jones, News Corp NWSA.O, Rupert Murdoch and two Wall Street Journal reporters, raising claims under federal libel law, court records show.A copy of the complaint was not immediately available. The case was filed in...Reuters
Fri, Jul 18
Forex
Trump says BRICS would end quickly if they ever form in a meaningful way
By Andrea Shalal WASHINGTON, July 18 (Reuters) - U.S. President Donald Trump on Friday repeated his threat to slap a 10% tariff on imports from members of the BRICS group of developing nations and said the group would end very quickly if they ever formed in a meaningful way."When I heard abou...Reuters
Fri, Jul 18
Other
TransRe urges shift to claims-made policies as US casualty losses mount
By Mia MacGregorJuly 18 - (The Insurer) - The U.S. casualty insurance market is facing continued deterioration in results, driven by a rise in nuclear verdicts and underscoring the need for fundamental change, according to a new report from reinsurer TransRe.TransRe’s U.S. Casualty Market 2025 Updat...Reuters
Fri, Jul 18
Other
CORRECTED-US rejects WHO pandemic changes to global health rules
By Ahmed Aboulenein WASHINGTON, July 18 (Reuters) - The United States has rejected amendments adopted in 2024 by members of the World Health Organization to its legally binding health rules aimed at improving preparedness for future pandemics following the disjointed global response to COVID-19.T...Reuters
Fri, Jul 18
Stocks
Sify Technologies Expands Data Centers
Sify Technologies (NASDAQ:SIFY), an India-based information technology company, announced its fiscal 2026 first-quarter results on July 18. Revenue rose 14% year over year to 10.723 billion rupees, and EBITDA rose by 18% to 2.111 billion rupees, but the company recorded a loss after taxes of 388 mil...The Motley Fool
Fri, Jul 18
Other
WRAPUP 2 -Golf-Majestic Scheffler leads British Open, McIlroy hangs on
Scheffler leads on 10 under after superb 64England's Fitzpatrick one shot behindChina's Li, American Harman two adrift of leaderErratic McIlroy still in contention at three under By Martyn Herman and Ed OsmondPORTRUSH, Northern Ireland, July 18 (Reuters) - World number one Scottie Scheffler ...Reuters
Fri, Jul 18
Stocks
US stocks weekly: Tightrope
** S&P 500 .SPX edges up 0.6% as earnings reports and Fed chair Powell's fate dominate the headlines .N** Dow .DJI inches lower 0.1%, but Nasdaq Composite .IXIC vaults 1.5%** This after SPX spent the week tiptoeing around a trip wire, while the equal-weight S&P 500 .SPXEW hit a 22-year l...Reuters
Fri, Jul 18
Other
Equity LifeStyle Properties Inc expected to post earnings of 41 cents a share - Earnings Preview
Equity LifeStyle Properties Inc ELS.N, ELS is expected to show a rise in quarterly revenue when it reports results on July 21 for the period ending June 30 2025The Chicago Illinois-based company is expected to report a 0.5% increase in revenue to $382.049 million from $380.02 million a year ago, ...Reuters
Fri, Jul 18
Other
Calix Inc expected to post earnings of 21 cents a share - Earnings Preview
Calix Inc CALX.N, CALX.K is expected to show a rise in quarterly revenue when it reports results on July 21 for the period ending June 30 2025The San Jose California-based company is expected to report a 13.0% increase in revenue to $223.821 million from $198.14 million a year ago, according to t...Reuters
Fri, Jul 18
Other
Mid Penn Bancorp Inc expected to post earnings of 36 cents a share - Earnings Preview
Mid Penn Bancorp Inc MPB.OQ MPB.O is expected to show a rise in quarterly revenue when it reports results on July 22 (estimated) for the period ending June 30 2025The Harrisburg Pennsylvania-based company is expected to report a 22.9% increase in revenue to $54.2 million from $44.1 million a year...Reuters
Fri, Jul 18
Other
Ex-Australian PM Morrison to testify before US House panel on China
WASHINGTON, July 18 (Reuters) - Former Australian Prime Minister Scott Morrison will testify at a U.S. House panel hearing on Wednesday about countering China's 'economic coercion against democracies,' according to a schedule of the hearing released on Friday.Former U.S. ambassador to Ja...Reuters
Fri, Jul 18
Other
Southern Copper Corp expected to post earnings of $1.11 a share - Earnings Preview
Southern Copper Corp SCCO.N, SCCO.K is expected to show a fall in quarterly revenue when it reports results on July 18 (estimated) for the period ending June 30 2025The Phoenix Arizona-based company is expected to report a 3.7% decrease in revenue to $3.002 billion from $3.12 billion a year ago, ...Reuters
Fri, Jul 18
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