S&P 500, Dow hit new highs before index reshuffle
The S&P 500 and Dow reached record highs on Friday before Monday’s major sector reshuffle, capping a week that largely shrugged off trade worries.
Trading volume was likely…
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Wall Street rally disintegrates shortly prior to a close
A Wall Street rally collapsed and stocks turned negative shortly prior to a market close on Wednesday after investors reassessed the Federal Reserve’s policy statement and…
Wall St falls as US-China tariffs get started
The S&P 500 as well as the Dow closed lower on Monday after having a new round of US-China trade tariffs kicked in, dampening last week’s desires for talks backward and…
Emerging-market rebound will depend on China, India
This year's sell-off in emerging-markets assets has abated in recent weeks and valuations are tempting, nevertheless it's prematurely to suggest things have bottomed. The real key…
Ex-UBS bankers raise funding to get a Swiss cryptocurrency bank
Seba Crypto AG, a Swiss financial services company run by ex-UBS Group AG bankers, said hello raised money as it seeks to become among the list of world's first regulated banks and…
Rand weakens on subdued investor risk sentiment
The rand retreated early on Wednesday ahead of the US Federal Reserve’s monetary policy announcement and amid subdued investor appetite for riskier assets.
At 0650 GMT the rand…
Rand rallies on EM breather previous to Fed, stocks fall
The rand powered for the firmest since late August on Wednesday as risk assets rallied despite expectations the federal government Reserve would raise mortgage rates and draw a line…
Rand gains, in line with emerging markets
The rand was slightly stronger ahead of time Friday, in accordance with other emerging-market currencies, who have slowly restored gains after recent sharp losses.
The rand was 0.2%…
Rand falls during the early trade, target Mining Charter
The rand retreated in the beginning Thursday as the dollar firmed after the latest US Fed interest rate increase, while domestic investors awaited information of amendments towards…
Communication services stocks elevate Wall Street
Wall Street climbed on Thursday, helped by gains in Apple, Alphabet and Facebook, as well as the US Federal Reserve’s confidence during the strength from the economy after it…