While you were sleeping: Wall St lifts on US consumer
By Margreet Dietz Aug. 30 (BusinessDesk) - Wall Street advanced, recovering from losses earlier in the day prompted by North Korea’s firing of a missile over Japan, as investors opted to focus on the strength of the US economy. Investors initially piled into US Treasuries,...
While you were sleeping: Wall St weighs hurricane Harvey impact
By Margreet Dietz Aug. 29 (BusinessDesk) - Wall Street was mixed as shares of insurance and oil companies including Travelers fell while those of home improvement chains including Home Depot gained as investors tried to asses the catastrophic impact of hurricane Harvey on the...
While you were sleeping: Wall St slips
By Margreet Dietz Aug. 25 (BusinessDesk) - Wall Street eased as investors eyed fresh clues on US monetary policy amid concern about the Trump administration’s ability to move ahead with policy reforms notably corporate tax cuts. “Investors are reluctant to get too far out...
While you were sleeping: Trump shutdown threats hit Wall St
By Margreet Dietz Aug. 24 (BusinessDesk) - Wall Street moved lower as US President Donald Trump’s threats to shut down the government if Congress does not fund a wall on the southern border revived concern about the administration’s ability to move ahead with plans for tax ref...