NEW YORK, Jan 16 (Reuters) - New York Stock Exchange parent Intercontinental Exchange Inc (ICE) plans to launch its fourth U.S. stock market, NYSE National, in the second quarter, according to a recent regulatory filing.NYSE National will be the 13th U.S. stock exchange and will differ from the NYSE, NYSE Arca, and NYSE American in that it will only be a trading venue and not a listing market, NYS...Read More
U.S. stocks were off to the races this morning, with the Dow topping 26,000 for the first time ever. However, the index's triple-digit gain briefly turned into a triple-digit deficit in afternoon trading, with the DJIultimately finishing just below breakeven. Concerns about a General Electric (GE) breakup and a government shutdown weighed on blue chips, overshadowing a strong day for healthcare st...Read More
Jan 17 (Reuters) - Stock MarketsNet ChngStock MarketsNet ChngS&P/ASX 200** 6048.6 -28.5 NZX 50**8,250.54 39.17DJIA**25,792.86-10.33NIKKEI**23,951.81236.93Nasdaq**7,223.685-37.377 FTSE**7,755.93 -13.21S&P 500** 2,776.42 -9.82 Hang Seng** 31,904.75565.88SPI 200 Fut 5968.0 -26.0 STI** 3,550.21 13.80SSEC**3,437.4848 27.00 KOSPI** 2521.7418.01----------------------------------------------------...Read More
* Dow tops 26,000 but Wall Street gives up gains* Dollar holds near three-year lows* Oil, copper drop after rally (Updates with U.S. market close, oil settlement prices)By Chuck MikolajczakNEW YORK, Jan 16 (Reuters) - World stock markets slipped on Tuesday, giving back early gains as Wall Street pulled back from initial highs after a decline in oil and metals dragged energy and materials stocks lo...Read More
By Trevor HunnicuttNEW YORK, Jan 16 (Reuters) - Investors looking to profit from excitement surrounding bitcoin technology will get a new opportunity this week.Funds coming to market on Wednesday will purchase shares of companies, such as Hitachi Ltd , Accenture plc and Overstock.com Inc , that may benefit from the digital asset's underlying technology. Rather than buying wild-trading "crypto...Read More
TORONTO, Jan 16 (Reuters) - Canada's main stock index fell on Tuesday as a drop in commodity prices weighed on the shares of materials and energy companies.The Toronto Stock Exchange's S&P/TSX composite index unofficially closed down 72.93 points, or 0.45 percent, at 16,298.88. Eight of the index's 10 main groups ended lower. (Reporting by Fergal Smith; Editing by Leslie Adler) Disclaimer: Th...Read More
Jan 17 (Reuters) - Australian shares are set to slide for a second straight session on Wednesday, with material and energy stocks leading the losses on a drop in base metal and oil prices. Base metals slipped on Tuesday with copper and nickel hitting multi-week lows as a steadier dollar weighed, while oil fell as Brent crude oil shed some of its recent gains.The local share price index futures fel...Read More
NEW YORK, Jan 16 (Reuters) - Wall Street paused its rally on Tuesday, weighed down by weakness in General Electric shares and as lower oil prices dragged down the energy sector.The Dow Jones Industrial Average fell 10.33 points, or 0.04 percent, to 25,792.86, the S&P 500 lost 9.82 points, or 0.35 percent, to 2,776.42 and the Nasdaq Composite dropped 37.38 points, or 0.51 percent, to 7,223.69....Read More
ALL TIMES IN EST/GMT -------------------------------------------------------0700/1200: The USDA issues weekly world rice price.0915/1415: The Federal Reserve issues Industrial Production for December.No set time: The Association of American Railroads issues Weekly Traffic of Major Railroads.1400/1900: The Federal Reserve issues the Beige Book on economic conditions.1600/2100: The Treasury Dept. is...Read More
* ECB seen sticking to its policy message next week -Reuters* Signs of Merkel's struggle to govern puts euro on back foot* Bitcoin, other cryptocurrencies plunge on crackdown fears* Yen, Swiss franc gain as U.S. stocks retreat (Updates market action, adds quote)By Richard LeongNEW YORK, Jan 16 (Reuters) - The euro held close to a three-year high against the dollar on Tuesday, as the common currenc...Read More
BAKU, Jan 17 (Reuters) - Azerbaijan's top gold producer, Anglo Asian Mining , said on Tuesday its annual output had fallen 1.2 percent in 2017 to 71,461 ounces, still within its target range of 64,000 to 72,000 ounces.The London-listed firm said copper production rose 2.6 percent to 1,991 tonnes, and silver output rose 4.7 percent to 172,853 ounces.Anglo Asian started a significant exploration pro...Read More
* Treasury yields fell Tuesday morning on ECB bond report* 5-year, 30-year spread hits lowest point in a decade By Gertrude Chavez-Dreyfuss and Kate DuguidNEW YORK, Jan 16 (Reuters) - U.S. long-dated Treasury yields fell on Tuesday morning along with those of European bonds, after a Reuters report said the European Central Bank was not quite ready to end its bond-buying scheme at next week's meet...Read More
SAO PAULO, Jan 16 (Reuters) - Brazilian real estate group JHSF Participatipa???ues SA is studying a possible initial public offering of its shopping mall unit after an ongoing restructuring, the company said in a securities filing on Tuesday. (Reporting by Aluisio Alves; Writing by Carolina Mandl; Editing by Marguerita Choy) Disclaimer: The views expressed in this article are those of the author...Read More
By Lesley Wroughton and Girish GuptaWASHINGTON/CARACAS, Jan 16 (Reuters) - The U.S. Treasury Department on Tuesday warned that Venezuela's proposed "petro" cryptocurrency could violate sanctions against the OPEC nation's socialist government, a statement that could dent investor appetite for the soon-to-be-launched token.Venezuelan President Nicolas Maduro this month said his government...Read More
SAO PAULO, Jan 16 (Reuters) - Brazilian food retailer Carrefour Brasil said on Tuesday its fourth quarter gross sales rose 5.3 percent from last year to 13.63 billion reais ($4.23 billion).The company said gross sales for full-year 2017 jumped 7.2 percent, to 49.65 billion reais. Same-store sales, a measure of revenue from stores open at least 12 months, rose 1.4 percent in the fourth quarter. ($...Read More
A strong start to earnings season helped the Dow topple 26,000 for the first time ever earlier and the S&P 500 Index (SPX) taking its inaugural trek north of 2,800, though stock markets have erased these gains amid fears of a possible government shutdown. While Chinese energy firm Recon Technology, Ltd. (NASDAQ:RCON) and casino name Wynn Resorts, Limited (NASDAQ:WYNN) are holding higher at last ch...Read More
Not since October 2016 has Goldman Sachs Group Inc (NYSE:GS) finished positive in the session after earnings. Following the last four earnings releases, the shares have one-day losses of 2.6%, 2.6%, 4.7%, and 0.6%. Despite this, options traders have been buying calls ahead of the bank's fourth-quarter earnings unveil tomorrow morning. Data from the International Securities Exchange (ISE), Chicago...Read More
CHICAGO, Jan 16 (Reuters) - Minnesota Governor Mark Dayton on Tuesday proposed $1.54 billion of capital projects funded largely through the sale of highly rated general obligation bonds, although the state's ratings have come under a cloud due to a fight over the legislature's budget.The Democratic governor's plan allocates $542 million for state universities and $998 million for state buildings,...Read More
Shares in Barrick Gold Corporation (NYSE:ABX)(TSX:ABX) retreated slightly in after hours trade on Tuesday after the company announced full year production that came in at the lower end of production guidance.Barrick, the world's top producer of gold, is up 5% since the start of the year in line with a stronger gold price which set fresh 4-month highs around $1,340 an ounce on Tuesday. The Toronto-...Read More
* Dow tops 26,000 but Wall Street gives up gains* Dollar holds near three-year lows* Oil, copper drop after rally (Updates with European market close)By Chuck MikolajczakNEW YORK, Jan 16 (Reuters) - World stock markets edged lower on Tuesday, giving back earlier gains as Wall Street retreated from initial highs as a decline in oil and metals weighed on the energy and materials sectors. Wall Street...Read More