Tag Archives: Slip

[unable to retrieve full-text content]Stock market today: Stocks slip ahead of key inflation data, bitcoin soars past $60,000  Yahoo Finance Source link

(Bloomberg) — European stocks fell as traders weighed the outlook for monetary policy ahead of a raft of speeches by policy makers at the World Economic Forum in Davos this week. Most Read from Bloomberg The Stoxx Europe 600 index slipped 0.2%, extending a lackluster start to the year after a 13% rise in 2023. Basic resources and carmakers led the decline after Germany’s economy dodged a recession, though the latest data showed it contracted for the first time since the pandemic last year…. Source link

[unable to retrieve full-text content]Stock futures slip with chip curbs, Powell in focus: Stock market news today  Yahoo Finance Source link

Despite fresh price cuts in the region, Tesla sales in China tapered off in October. The China Passenger Car Association (CPCA) reported Tesla delivered 71,704 China-made Model 3 and Model Y vehicles in October, which was a 14% drop from September. Tesla’s September sales of 83,135 were an all-time high for Tesla in China, after the automaker upgraded its Shanghai Gigafactory this summer in order to boost production to over 750K vehicles a year. Despite the drop in Tesla deliveries, total… Source link

Mortgage rates dropped below 7% this week, but remain high enough to keep price-rattled homebuyers on the sidelines. The rate on the average 30-year fixed mortgage fell to 6.95%, down from 7.08% the week prior, according to Freddie Mac. Still, rates are 3.73 percentage points higher since the start of the year, the largest year-to-date increase in over 50 years. Sharply higher rates in combination with elevated home prices and still-high inflation have triggered a fight-or-flight response… Source link

U.S. stocks lagged Monday morning as a busy week marked by Fed policy, earnings and jobs data got underway. The S&P 500 (^GSPC) declined 0.7%, while the Dow Jones Industrial Average (^DJI) erased 200 points, or 0.6%. The technology-heavy Nasdaq Composite (^IXIC) fell by roughly the same margin. Treasuries ascended again, holding above 4%. Equity markets are still poised to round out the month higher after a brutal September slump. The Dow Jones Industrial Average was up 14.4% month-to-date as… Source link

U.S. stocks fell Monday in a choppy start to August trading as Wall Street struggled to sustain July’s momentum. The S&P 500 and Dow Jones Industrial Average each fell roughly 0.3%, while the Nasdaq Composite held near breakeven. Investors mulled a flurry of data early in the session that showed manufacturing activity expanded at the slowest pace in more than two years. The Institute for Supply Management’s gauge of factory activity retreated to 52.8 from 53 a month earlier, marking the… Source link

(Bloomberg) — U.S. stocks ended little changed in thin afternoon trading Monday and Treasuries ticked lower as investors focused on corporate results and prospects for faster policy tightening by the Federal Reserve. Most Read from Bloomberg The S&P 500 closed down less than 0.1%, after swinging between narrow gains and losses on volumes almost 20% below the 30-day average in the first trading day following a long holiday weekend. Bank of America Corp. was poised for the biggest daily advance… Source link

Russia’s Yandex eyes $6.5 billion annual revenue in 2022 after FY profit slip | WTVB | 1590 AM · 95.5 FM | The Voice of Branch County … Source link

The logo of Russian internet group Yandex is pictured at the company’s headquarter in Moscow, Russia October 4, 2018. REUTERS/Shamil Zhumatov/File Photo Register now for FREE unlimited access to Reuters.com Register MOSCOW, Feb 15 (Reuters) – Russian internet giant Yandex (YNDX.O) on Tuesday reported a 55% decrease in adjusted net income in 2021 but said it expects total group revenues to continue their upward trajectory this year to reach 490-500 billion roubles ($6.50-$6.63 billion). Yandex’s… Source link