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S&P 500 posts record high close as Oracle jumps, traders keep rate-cut bets
Business

S&P 500 posts record high close as Oracle jumps, traders keep rate-cut bets

March 12, 2024March 12, 2024

By Caroline Valetkevitch NEW YORK (Reuters) -U.S. stocks ended sharply higher on Tuesday, with the S&P 500 registering a record…

Arm’s shares rise as Wall Street eyes IPO lock-up expiration
Business

Arm’s shares rise as Wall Street eyes IPO lock-up expiration

March 12, 2024March 12, 2024

By Chibuike Oguh NEW YORK (Reuters) -Shares of Arm Holdings, the British chip designer backed by Softbank Group, gained 2.1%…

Trump’s defense in hush money trial to stop short of blaming his lawyers
Domestic

Trump’s defense in hush money trial to stop short of blaming his lawyers

March 12, 2024March 12, 2024

By Luc Cohen NEW YORK (Reuters) – Donald Trump will stop short of blaming his lawyers for the conduct at…

S&P 500, Nasdaq end down as investors wait for CPI, PPI data
Business

S&P 500, Nasdaq end down as investors wait for CPI, PPI data

March 11, 2024March 11, 2024

By Caroline Valetkevitch NEW YORK (Reuters) -The S&P 500 and Nasdaq ended down slightly on Monday with investors preparing for…

Oracle tops quarterly profit estimates on AI demand, shares surge
Business

Oracle tops quarterly profit estimates on AI demand, shares surge

March 11, 2024March 11, 2024

By Harshita Mary Varghese (Reuters) -Oracle said on Monday it is set to make a joint announcement with chip-giant Nvidia,…

Yen rises as investors eye Japan policy move; bitcoin soars to new record
Business

Yen rises as investors eye Japan policy move; bitcoin soars to new record

March 11, 2024March 11, 2024

By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) – The yen drifted higher against the U.S. dollar for a fourth straight session…

Bitcoin hits record above $72,000 as demand frenzy intensifies
Business

Bitcoin hits record above $72,000 as demand frenzy intensifies

March 11, 2024March 11, 2024

By Hannah Lang, Amanda Cooper and Harry Robertson WASHINGTON/LONDON (Reuters) -Bitcoin hit a record high on Monday above $72,000, as…

US FDA approves Novo Nordisk’s Wegovy for lowering heart risks
Business

US FDA approves Novo Nordisk’s Wegovy for lowering heart risks

March 11, 2024March 11, 2024

By Patrick Wingrove and Sriparna Roy (Reuters) -The U.S. Food and Drug Administration approved Novo Nordisk’s weight-loss drug Wegovy on…

Trump, Biden trade salvos in Georgia face-off
Domestic

Trump, Biden trade salvos in Georgia face-off

March 10, 2024March 10, 2024

By James Oliphant and Nandita Bose ROME, Georgia (Reuters) -A defiant and bitter Donald Trump returned on Saturday to the…

U.S. job market data bolsters Fed’s ‘no rush’ rate cut view
Business

U.S. job market data bolsters Fed’s ‘no rush’ rate cut view

March 9, 2024March 9, 2024

By Ann Saphir and Howard Schneider (Reuters) -Federal Reserve policymakers weighing when to start interest-rate cuts got fresh reasons on…

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