By Sinéad Carew and Ankika Biswas (Reuters) -The S&P 500 closed barely higher after Monday’s choppy trading session as investors held their breath ahead of a raft of big technology company earnings, a Federal Reserve policy decision on interest-rate cuts and key US labor data, all due this week. Quarterly reports from market heavyweights such […]

By Erwin Seba HOUSTON (Reuters) -Oil futures fell about 1.5% on Friday, finishing the week lower on declining Chinese demand and hopes of a Gaza ceasefire agreement that could ease Middle East tensions and accompanying supply concerns. Brent crude settled down $1.24, or 1.5%, at $81.13 a barrel. West Texas Intermediate crude ended $1.12, or […]

By Arathy Somasekhar and Arunima Kumar HOUSTON (Reuters) -Top U.S. oilfield service firms SLB and Halliburton posted higher quarterly profits on Friday helped by strong global demand, but warned of softer activity in North America for the second half of this year. Oilfield service providers have in recent quarters bet on growth overseas, as well […]

(Reuters) -Shoppers spent about $7.2 billion online across retailers during the first day of Amazon’s Prime Day in the United States, according to a report from Adobe Analytics on Wednesday. Major retailers including Walmart and Target have launched deals and shopping events through July to attract customers by offering deep discounts to compete with the […]

By Stephen Culp NEW YORK (Reuters) -Wall Street closed higher on Monday, building on Friday’s rally as increasing expectations of a second Donald Trump presidency in the wake of a failed assassination attempt raised hopes of a looser regulatory environment. The growing probability that the U.S. Federal Reserve will begin cutting its key interest rate […]

By David Shepardson WASHINGTON (Reuters) -AT&T said on Friday the company suffered a massive hacking incident as data from about 109 million customer accounts containing records of calls and texts from 2022 was illegally downloaded in April. The U.S. telecom company said the FBI is investigating and at least one person has been arrested after […]

By Noel Randewich and Ankika Biswas NEW YORK (Reuters) -The Nasdaq and S&P 500 hit record highs on Wednesday fueled by gains in Nvidia and other Wall Street heavyweights ahead of inflation data and quarterly earnings reports due this week. It was the fifth straight day of intraday record highs for the S&P 500 and […]

By Manas Mishra, Greg Roumeliotis and Suzanne McGee (Reuters) -Stock influencer Keith Gill, known as “Roaring Kitty,” unveiled a 6.6% stake in Chewy on Monday, a surprise move that alarmed executives at the U.S. pet products company. The Chewy stake is Gill’s first known investment beyond GameStop. A link connects these two investments: Ryan Cohen, […]