While you were sleeping: Stocks rise on Yellen
By Margreet Dietz Feb. 15 (BusinessDesk) - Wall Street continued its record-setting streak while the US dollar also gained after Federal Reserve Chair Janet Yellen signalled further interest rate increases ahead. “At our upcoming meetings, the committee will evaluate whethe...
While you were sleeping: Wall St hits fresh records
By Margreet Dietz Feb. 14 (BusinessDesk) - Equities rose on both sides of the Atlantic, with Wall Street climbing to record highs amid ongoing optimism that US President Donald Trump’s tax plans will add to bolstering an upswing in corporate profits. Stocks still rode hig...
While you were sleeping: Trump rallies stocks
By Margreet Dietz Feb. 10 (BusinessDesk) - Wall Street climbed, sending the three US benchmark stock indexes to fresh record highs, as President Donald Trump said he would soon make an announcement “that will be phenomenal in terms of tax.” “We’re going to be announcing som...
While you were sleeping: Caution follows records
By Margreet Dietz Feb. 9 (BusinessDesk) - US Treasuries advanced, while Wall Street was mixed, as investors weighed the impact of political uncertainty on both sides of the Atlantic on corporate profits. Gold, another safe-haven investment, also gained. Wall Street fluct...