(Reuters) – A look at the day ahead in U.S. and global markets by Amanda Cooper, Finance and Markets Breaking News Editor, Europe. Stocks are getting hammered on Monday, with hefty declines in the technology sector as artificial intelligence big guns like Nvidia (NASDAQ:NVDA), Qualcomm (NASDAQ:QCOM) and Intel (NASDAQ:INTC) took a dive. The trigger was…
By Sheila Dang and Seher Dareen HOUSTON – Wall Street expects U.S. oil and gas companies to keep a lid on spending in 2025 and keep their focus on generating shareholder returns, despite calls by President Donald Trump to “drill, baby, drill.” Big Oil begins reporting fourth-quarter results this week, and outlooks for the coming…
By Fergal Smith TORONTO (Reuters) – The Canadian stock market stands to benefit from the expected election this year of a Conservative government that favors business-friendly economic policies and that could help reduce trade uncertainty with the United States, some investors say. Polls show the Conservative Party, led by Pierre Poilievre, handily winning Canada’s next…
(Reuters) – The United States and Venezuela have a fraught recent history marked by broken diplomatic relations, sanctions and accusations of criminal activity and coup-plotting. U.S. President Donald Trump – who during his first term used a “maximum pressure” sanctions policy against President Nicolas Maduro – referred to Maduro as a dictator during the 2024…
By Chen Aizhu and Trixie Yap SINGAPORE (Reuters) – Several independent oil refineries in eastern China have halted operations, or plan to do so, for indefinite maintenance periods as new Chinese tariff and tax policies plunge them deeper into losses, refinery and trade sources said. The rare outages come at a time of nascent consolidation…
By Promit Mukherjee OTTAWA (Reuters) – The Bank of Canada will most likely trim its key benchmark rate by 25 basis points this week and is widely expected to offer an analysis on the impact of potential U.S. tariffs, economists and analysts said. This is the first time the central bank will announce its rate…
Investing.com – Morgan Stanley has downgraded its view of UK economic growth in 2025, expecting the Bank of England to cut interest rates five times during the period. “We revise down our UK GDP growth projection for 2025 from 1.4%Y to 0.9%Y (vs. 1.3%Y consensus), taking on board our tracking of a flat 4Q24, and…
Investing.com — Jefferies has revised its ratings on Hugo Boss (ETR:BOSSn) and Pandora (OTC:PANDY). Hugo Boss was downgraded from to “hold,” while Pandora was upgraded to “buy.” This reflects Jefferies’ view on the contrasting performance and prospects within the European retail sector, with Hugo Boss facing headwinds and Pandora showing stronger potential. The downgrade of…
Investing.com – The equity market appears to be pricing some risk of targeted US tariffs being rolled out by the new Trump administration, according to analysts at Goldman Sachs. Last week, the benchmark S&P 500 hit a record high as traders were bolstered by hopes of easing inflationary pressures in the US and eyeing a stance…
Investing.com – US stock index futures slumped Monday, with the tech sector hard hit as investors weighed the implications of competition from Chinese AI startup DeepSeek on richly valued sector. At 05:53 ET (10:53 GMT), Dow Jones Futures slipped 460 points, or 1%, S&P 500 Futures dropped 178 points, or 2.9%, and Nasdaq 100 Futures slumped…
