EghtesadOnline: U.S. stocks stumbled into the weekend, as renewed selling in technology shares overshadowed what has so far been a solid earnings season. Inflation concerns sent the dollar higher and Treasury yields topped 2.95 percent.
EghtesadOnline: Asian technology stocks climbed with U.S. equity-index futures after results from Apple Inc. buoyed sentiment in the sector.
EghtesadOnline: Asian stocks extended a global advance as technology shares continued a rebound and hawkish comments from a Federal Reserve official allayed concerns about the strength of the world’s largest economy.
EghtesadOnline: U.S. stocks fell for the fourth time in five days as selling in technology shares resumed. The dollar advanced with Treasury yields, while gold weakened as traders digested the more hawkish tone struck by the Federal Reserve.
EghtesadOnline: Asia-Pacific stocks advanced as the global selloff in technology shares showed signs of easing, while the pound held losses as Theresa May fought to survive the fallout from the British general election.
EghtesadOnline: A selloff in technology shares spoiled an otherwise buoyant day in the U.S. stock market as companies from Apple Inc. to Nvidia Corp. tumbled. The British pound dropped as the U.K.’s ruling Conservative Party lost its parliamentary majority, plunging the country into uncertainty just days before Brexit negotiations were due to start.
EghtesadOnline: The dollar weakened and Treasuries advanced with gold after the latest jobs report offered mixed signals on the strength of the American labor market, while U.S. stocks pushed to fresh records as technology shares extended a rally.