While you were sleeping: Wall St digests Comey impact
By Margreet Dietz May 11 (BusinessDesk) - Wall Street was mixed as investors tried to assess the long-term impact of US President Donald Trump’s stunning firing of FBI Director James Comey. "We were not expecting to see a quick succession of moving toward the administratio...
While you were sleeping: Concern about complacency
By Margreet Dietz May 10 (BusinessDesk) - Wall Street was mixed, after touching record highs earlier in the day, as the price of oil fell and the US dollar rose. In 2.47pm trading in New York, the Dow Jones Industrial Average slipped 0.1 percent. However, the Nasdaq Compos...
While you were sleeping: Wall St inches to records
By Margreet Dietz May 9 (BusinessDesk) - Wall Street was mixed, after climbing to record highs earlier in the day, following the French presidential elections. In 3.16pm trading in New York, the Dow Jones Industrial Average inched 0.01 percent lower, while the Nasdaq Compos...
While you were sleeping: Oil slide weighs on Wall St
By Margreet Dietz May 5 (BusinessDesk) - Wall Street seesawed as optimism about better-than-expected corporate earnings offset a decline in energy stocks which dropped with the price of oil. Health care stocks rose after the US House of Representatives approved a controver...
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