Stock market today: Asian shares are mixed after Wall St rally takes S&P 500 near record

HONG KONG — Asian shares were mixed on Thursday after Wall Street’s lull stretched into a second day, with Chinese benchmarks rising after China reported better-than-expected trade figures for April. Read More

SNAPSHOT Wall St inches up, set for weekly gains on rate-cut hopes

Wall Street's main indexes opened slightly higher on Friday, heading for weekly gains on growing expectations of U.S. interest-rate cuts this year. Read More

Stock market today: Asian shares mixed after Wall Street's lull stretches to a 2nd day

HONG KONG -- Asian shares were mixed on Thursday after Wall Street’s lull stretched into a second day, with Chinese benchmarks rising after China reported better than expected trade figures for April. Read More

Stock market today: Dow finishes above 40,000 to cap Wall Street’s latest winning week

Asian shares are mixed after Chinese stocks reversed earlier losses following the announcement of fresh measures to revive the ailing property market. Read More

Burberry’s profit slumps by a third as sales in China plunge

British luxury brand Burberry has reported a 34% drop in annual profit after sales fell sharply in China — its biggest market — in the final three months of last year. Read More

Stagflation fears just hit Wall Street. Now for the next crucial report on prices

For Wall Street, the stakes are high ... coupled with stubbornly high inflation data, stoked fears of stagflation. That’s when the economy sees weak growth while inflation runs high. Read More

Wall Street

Morgan Stanley's Jed Finn has been tasked with supercharging the Wall Street firm's $5.5 trillion wealth business. AI is going to play a big part. Morgan Stanley's $5.5 trillion wealth business is ... Read More

Exxon Mobil profit declines in 1st quarter as natural gas prices fall

Its adjusted profit was $2.93 per share. The results surpassed Wall Street expectations, but Chevron also does not adjust its reported results based on one-time events such as asset sales. Read More

Wall St sees more pain ahead for US mid-sized lenders after dull Q1

April 19 (Reuters) - U.S. mid-sized banks' profits would remain under pressure for most of 2024, Wall Street analysts said ... U.S. banks are expecting a decline in net interest income (NII ... Read More

Exxon Mobil profit declines in 1st quarter as natural gas prices fall

Exxon Mobil's profit declined in its first quarter ... The results didn't meet Wall Street expectations, but Exxon does not adjust its reported results based on one-time events such as assets ... Read More