Wall St. slips as trade optimism fades
U.S. stocks edged lower on Tuesday, a day after a record-setting rally, as optimism sparked by the U.S.-China trade truce waned after Washington threatened tariffs on $4 billion of additional EU goods.
U.S. stocks edged lower on Tuesday, a day after a record-setting rally, as optimism sparked by the U.S.-China trade truce waned after Washington threatened tariffs on $4 billion of additional EU goods.
White House trade adviser Peter Navarro said on Tuesday U.S. trade talks with China are heading in the right direction and any concessions to Beijing on Huawei Technologies was small in the context of a larger trade deal.
The rivalry between the U.S. and China could be so disruptive that it's starting to decouple the global economy and eventually causing a recession, according to Nouriel Roubini.
President Emmanuel Macron sought to break a deadlock on Tuesday over assigning the EU's top jobs by proposing France's Christine Lagarde, now head of the International Monetary Fund (IMF), to lead the European Central Bank (ECB), diplomatic sources said.
U.S. stocks opened flat on Tuesday, following a record-setting rally in the previous session, as optimism over U.S.-China trade talks waned after Washington threatened tariffs on $4 billion worth of additional European goods.
German authorities have fined Facebook 2 million euros ($2.3 million) for under-reporting complaints about illegal content on its social media platform in breach of the country's law on internet transparency.
Fiat Chrysler Automobiles NV and Hyundai Motor Co reported a nearly 2% rise in U.S. sales for the month of June, helped by strong demand for sport utility vehicles and trucks.
Apple shares raced into July, but now its rally faces a major test, says technician. Here's what could make or break its rally.
U.S. stock index futures edged lower on Tuesday, a day after the benchmark S&P 500 index hit a record high, as optimism over progress in U.S.-China trade talks subsided and a fresh threat of tariffs on Europe kept investors on edge.
The ongoing U.S. economic expansion has entered its 121st month, marking the longest run on record going back to 1854.
German authorities have fined Facebook 2 million euros ($2.26 million) for providing a distorted picture of the amount of illegal content on the social media platform, a violation of the country's law on internet transparency.
RBC Capital Markets lowered its rating Roku to sector perform from outperform after the stock has nearly tripled this year.
Subscriptions could be responsible for hundreds of dollars a month in spending you may not even see.
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Brewing giant Anheuser-Busch InBev NV (AB InBev) is seeking to raise up to $9.8 billion by listing its Asia-Pacific business in Hong Kong, marking what would be the world's largest initial public offering this year.