The S&P 500 and the Dow Jones Industrial Average slipped on Tuesday, led by losses in oil and healthcare stocks, with investors nervously awaiting the latest in the U.S.-Iran standoff.
The dollar gained, helped by better-than-expected data in the U.S. non-manufacturing sector, and oil prices retreated on Tuesday as investors awaited developments in the U.S.-Iranian stand-off in the Middle East.
Volkswagen on Tuesday said that Luca de Meo has stepped down from his current role as head of its Spanish Seat brand just as rival Renault intensifies efforts to find a new chief executive.
UBS raised its 2020 target on the S&P 500 to 3,250 from 3,000, a level not too far from where the benchmark is currently.
Wall Street's main indexes fell on Tuesday, dragged down by oil and healthcare stocks as investors nervously awaited further developments on the U.S.-Iran conflict.
Goldman Sachs Group Inc unveiled details about its consumer business for the first time on Tuesday and will start disclosing its results regularly as part of a broader reporting-line shuffle, responding to long-standing requests for more transparency from analysts and investors. The changes are part of Chief Executive Officer David Solomon's effort to get Goldman in line with rivals like JPMorgan Chase & Co that have bigger consumer businesses and share mor
Luca de Meo, the head of Volkwagen's Spanish brand Seat, is stepping down from his current role, a source close to the matter told Reuters on Tuesday.
Oil prices fell about 1% on Tuesday, surrendering some of the gains of recent days as investors reconsidered the likelihood of immediate supply disruptions in the Middle East after the United States killed a top Iranian military commander last week.
Struggling Italian carrier Alitalia [CAITLA.UL] is burning through its cash resources at the pace of around 300 million euros ($334 million) a year, its new temporary administrator Giuseppe Leogrande told members of a parliamentary committee.
German carmaker Volkswagen said on Tuesday Luca de Meo has stepped down as chief executive of its Spanish Seat brand.
"Ten months he built that plant," said CNBC's Jim Cramer, emphasizing the speed with which Tesla built its Gigafactory 3 factory in Shanghai.
Japanese prosecutors on Tuesday issued an arrest warrant for Carlos Ghosn's wife for alleged perjury, as officials stepped up efforts to bring the fugitive car industry boss back to face trial on financial misconduct charges.
Waymo, the self-driving unit of Alphabet Inc , said its vehicles had covered more than 20 million miles (32.2 million km) on public roads since its creation in 2009.
The U.S. trade deficit fell to a more than three-year low in November as imports declined further, likely weighed down by the Trump administration's trade war with China, and exports rebounded, suggesting the economy ended 2019 on solid footing.
Americans are stashing away more of their salaries in their 401(k) plans, due partly to the greater share of businesses automatically enrolling workers at higher savings rates.