S&P wobbles on fresh trade uncertainty; Disney lifts Dow
The S&P 500 and Nasdaq stock indexes slipped on Wednesday on fresh uncertainty over U.S.-China trade relations, while a jump in Walt Disney shares boosted the Dow.
The S&P 500 and Nasdaq stock indexes slipped on Wednesday on fresh uncertainty over U.S.-China trade relations, while a jump in Walt Disney shares boosted the Dow.
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Wall Street's main indexes turned slightly higher on Wednesday as Federal Reserve Chair Jerome Powell said the central bank saw a "sustained expansion" ahead for the U.S. economy.
U.S. President Donald Trump on Wednesday said he would make a decision soon on whether to impose tariffs on cars and auto parts imported into the United States but gave no other details.
U.S. stock index futures fell on Wednesday, a day after the S&P 500 and Nasdaq hit new record highs, as a lack of clarity on U.S.-China trade relations from President Donald Trump and escalating tensions in Hong Kong dampened risk appetite.
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Google will become the latest technology company to wade into banking with the search giant set to offer checking accounts next year, a source says.
European shares fell on Wednesday from four-year highs after U.S. President Donald Trump threatened to "substantially" increase tariffs if China failed to agree a trade deal, and he also took a swipe at European Union trade policies.
Unilever named Danish businessman Nils Andersen as chairman on Wednesday, hoping his experience of consumer goods and logistics will help the group navigate a slowdown in its biggest markets and re-energize its foods business.
Alphabet Inc's Google will offer checking accounts to customers starting next year in a finance push, the Wall Street Journal reported on Wednesday.
German Economy Minister Peter Altmaier said on Wednesday that U.S. electric vehicle pioneer Tesla's announcement that it will build its first European factory near Berlin was a result of Germany being renowned as a carmaking hub.
Takeaway.com Chief Executive Jitse Groen said on Wednesday he did not intend to increase a 4.3 billion pound ($5.5 billion) offer for Britain's Just Eat , despite a higher unsolicited bid from larger rival Prosus .
Russia will reduce the share of the U.S. dollar in its National Wealth Fund and is considering investing in other foreign currencies including the Chinese yuan, Deputy Finance Minister Vladimir Kolychev said on Wednesday.
Britain missed its chance to host the first European factory of U.S. electric vehicle pioneer Tesla because of Brexit, Chief Executive Elon Musk said in remarks reported on Wednesday.
As trade talks between Washington and Beijing intensified earlier this year, suspected Chinese hackers broke into an industry group for U.S. manufacturers that has helped shape President Donald Trump's trade policies, according to two people familiar with the matter.