S&P 500, Dow dip as Middle East concerns persist; chips rally
Oil stocks shed the most on the S&P 500 on Tuesday, taking the benchmark index further away from record highs, as investors nervously awaited the latest in the U.S.-Iran standoff.
Oil stocks shed the most on the S&P 500 on Tuesday, taking the benchmark index further away from record highs, as investors nervously awaited the latest in the U.S.-Iran standoff.
Democratic presidential contender Michael Bennet wants to increase the top income-tax rate paid by the wealthiest Americans to 44%, which experts say exceeds that of other presidential hopefuls to date.
Elon Musk raised an online storm by dancing on stage at the launch of Tesla's Model Y electric sports utility vehicle program on Tuesday in its new Shanghai factory, where the company delivered its first cars built outside the United States to the public.
If you're like many Americans, you probably plan to push retirement off for as long as you can. But many workers are forced to quit early, often because of job loss or health issues. Here's why you need to factor in an earlier retirement date into your savings plan.
The U.S. Senate Finance Committee voted on Tuesday to approve the U.S.-Mexico-Canada Agreement, moving the revamped North American trade deal a step closer to a final Senate vote in the coming days or weeks.
An international aviation team has been activated to support "effective coordination and communication" between airlines and countries as tensions mount in the Middle East after a U.S. drone strike killed an Iranian military commander, global airlines body IATA said on Tuesday.
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.
Samsung Electronics Co Ltd on Wednesday flagged a smaller-than-expected fall in quarterly operating profit, indicating that memory chip prices bottomed out quicker than analysts had anticipated, strengthening hopes of a recovery.
Oil markets calmed after on Wednesday after prices had jumped to their highest in months in the wake of a rocket attack by Iran on American forces in Iraq that raised the specter of a spiraling conflict and disrupted crude supplies.
World shares steadied and oil pulled back from multi-month highs on Tuesday after dramatic post-new year moves, as investors judged that prospects of an all-out conflict between the United States and Iran had eased.
Goldman Sachs Group Inc has overhauled its main business units ahead of its quarterly results next week, the Wall Street bank said on Tuesday, as it seeks to provide investors with greater transparency into its financial performance.
Elon Musk showed off his dance moves at the launch of Tesla's Model Y electric sports utility vehicle programme at its new Shanghai factory on Tuesday, where the company delivered its first cars built outside the United States to the public.
CEO David Solomon is putting his stamp on the company as it attempts to transition from a somewhat secretive Wall Street trading house to a bank with more diversified revenue streams.
Italian luxury carmaker Ferrari has become the latest manufacturer to join the European carmakers' association (ACEA), the auto lobby said on Tuesday.