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| Markets Right Now: Tech, bank stocks lead US indexes higher The latest on developments in financial markets (all times local):. 11:45 a.m.. Strong gains in technology companies and banks are leading stocks higher as the market recoups some of its huge losses from last week. Microsoft jumped 5.6 percent in midday trading and Bank of America rose 2.8 percent.
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| US stock markets rebounds on report of trade talks with China Major U.S. stock indexes were up about 2 percent Monday morning after The Wall Street Journal reported that the U.S. and China have "quietly started negotiating" to improve U.S. access to Chinese markets. U.S. Treasury Secretary Steven Mnuchin is considering a trip to Beijing for negotiations, the ...
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Wall Street bonuses jump 17% to average of $184220 in 2017 It was the second consecutive year workers in New York's financial services industry saw their bonuses jump by more than 15%. The overall 2017 bonus pool surged to $31.4 billion, vs. $26.9 billion in 2016. The Dow Jones industrial average rallied 25% last year as the 9-year-old bull market in stocks ...
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| China names reformist Guo Shuqing as central bank's Communist Party chief and vice governor Having the same person serve as both the PBOC's party chief and a deputy governor is unusual in China and has surprised economists and financial markets. As PBOC's party chief, Guo outranks new PBOC Governor Yi Gang politically, but as a vice governor he is one step below him. For 15 years ...
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| Global stocks mostly higher despite US-China trade tensions BEIJING — Major global stock markets rose Monday despite mounting fears about U.S.-Chinese trade tensions. KEEPING SCORE: In early trading, Germany's DAX rose 0.3 percent to 11,918.53 and London's FTSE 100 advanced 0.3 percent to 6,940.82. France's CAC-40 added 0.1 percent to 5,101.09.
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The US reportedly sent China a to-do list to fix deficit and avoid a trade war Alarm over a possible trade war between the world's two largest economies has chilled financial markets as investors foresee dire consequences should trade barriers go up due to President Donald Trump's bid to cut the US deficit with China. Treasury Secretary Steven Mnuchin is considering a visit to ...
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| Toronto Stock Exchange Joins the Crypto Mania with New Brokerage Platform TMX Group which currently runs the Toronto Stock Exchange wants to hit the billion-dollar crypto market as well with its new brokerage service. The platform is being developed by working in tandem with Paycase Financial Corp. Here are more detailed regarding the announcement.
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| "Your Money with Mark" on GMQC Monday: China tariffs & the Federal Reserve meeting "Since the beginning of February, the Federal Reserve and the financial markets have been trying to refine their estimate on how fast inflation will start to rise. However, every couple of days or weeks, we keep getting conflicting information that's driving these massive price swings in the stock market.
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