SNAPSHOT Wall St opens lower as inflation data adds to rate-hike worries

Sept 30 (Reuters) – Wall Street’s main indexes opened lower on Friday as resilient core inflation in August stoked fears of more big-sized interest-rate hikes denting a rebound in consumer spending. The Dow Jones Industrial Average (.DJI) fell 102.58 points, or 0.35%, at the open to 29,123.03. The S&P 500 (.SPX) opened lower by 6.99 … Read more

As the US eyes new China chip curbs, turmoil looms for the global market

Any US export block may affect global chip supply analysts Move would hinder Samsung, SK Hynix upgrading China plants Samsung, SK Hynix together supply over 50% of global NAND chips Curbs could change where future chip plants are built -analyst SEOUL, Aug 3 (Reuters) – Export restrictions being considered by Washington to halt China’s advances … Read more

Shares rally as markets bet on more gradual rate hikes

Passersby wearing protective face masks walk in front of an electronic board showing Japan’s Nikkei share average, amid the coronavirus disease (COVID-19) pandemic, in Tokyo, Japan July 14, 2022. REUTERS/Issei Kato Register now for FREE unlimited access to Reuters.com Register SINGAPORE, July 29 (Reuters) – Asian stocks took their cue on Friday from a late … Read more

Analysis: Investors gauge US stocks rebound: ‘suckers’ rally’ or market bottom?

NEW YORK, July 27 (Reuters) – As investors await another jumbo-sized rate increase from the Federal Reserve, they are taking the temperature of a weeks-long US stock market rally that followed a vicious first-half selloff. Even after Tuesday’s sharp fall, the S&P 500 remained up 7% from its June 16 low, buoyed in part by … Read more

Analysis: Investors gauge US stocks rebound: ‘suckers’ rally’ or market bottom?

A Wall Street sign outside the New York Stock Exchange in New York City, New York, US, October 2, 2020. REUTERS/Carlo Allegri/File Photo Register now for FREE unlimited access to Reuters.com Register NEW YORK, July 27 (Reuters) – As investors await another jumbo-sized rate increase from the Federal Reserve, they are taking the temperature of … Read more

Stocks weaken as growth slowdown fears cloud start of week

People walk past a screen displaying the Hang Seng stock index at Central district, in Hong Kong, China July 19, 2022. REUTERS/Lam Yik Register now for FREE unlimited access to Reuters.com Register LONDON, July 25 (Reuters) – Stocks headed lower on Monday with investors in a cautious mood ahead of the Federal Reserve’s two-day policy … Read more

Twitter blames Musk, weak ad market for drop in revenue

Printed Twitter logos are seen in this picture illustration taken April 28, 2022. REUTERS/Dado Ruvic/Illustration/File Photo Register now for FREE unlimited access to Reuters.com Register July 22 (Reuters) – Twitter Inc (TWTR.N) on Friday blamed its ongoing battle to close its $44-billion acquisition by Elon Musk and a weakening digital advertising market for a surprise … Read more

Apple hovers above competition even as smartphone market stumbles, sources say

July 13 (Reuters) – The global smartphone market may be in the toilet, but the iPhone 13 continues to sell well, and Apple Inc (AAPL.O) is expecting its upcoming iPhone 14 to do even better at launch. Apple’s slightly higher expectations for the forthcoming iPhone 14 underscore a growing belief among Wall Street analysts that … Read more

Futures tumble on last day of a torrid first-half on growth fears

A trader works on the floor of the New York Stock Exchange (NYSE) in New York City, US, June 22, 2022. REUTERS / Brendan McDermid Register now for FREE unlimited access to Reuters.com Register Futures down: Dow 1.02%, S&P 1.30%, Nasdaq 1.67% June 30 (Reuters) – US stock index futures slid on Thursday on the … Read more

The kids’ text messages blow up my phone

Dear Amy: I have a 12-year-old daughter who belongs to a youth group at church. When she joined, the leaders asked for her cell number so they could contact her about activities. Amy Dickinson Our daughter does not have a cellphone because we believe she is too young. The leaders then added my cell number … Read more