May 17, 2022
Wall Street ends sharply higher, fueled by Apple

By Noel Randewich and Amruta Khandekar (Reuters) - Wall Street finished sharply higher on Tuesday, lifted by Apple, Tesla and other megacap growth stocks after strong retail sales in April eased worries about slowing economic growth. Ten of the 11…

May 17, 2022
Dollar slips as risk appetite returns

By Saqib Iqbal Ahmed NEW YORK (Reuters) -The dollar fell for a third straight day on Tuesday, pulling back from a two-decade high against a basket of major peers, as an uptick in investors' appetite for riskier bets diminished the…

May 13, 2022
World equities rise on bounce in U.S., European markets

By Elizabeth Dilts Marshall NEW YORK (Reuters) - Global shares rose on Friday as Wall Street rallied to end a volatile week of trading, while oil jumped 4% on the back of record-high U.S. gas prices. Global markets and U.S.…

May 13, 2022
Wall Street rallies, weekly losing streak continues

By Stephen Culp NEW YORK (Reuters) - Wall Street surged on Friday to end higher, closing the book on a week of wild market gyrations as relief at signs of peaking inflation vied with fears that policy tightening by the…

May 13, 2022
Oil jumps 4% as U.S. gasoline prices hit record high

By Scott DiSavino NEW YORK (Reuters) -Oil prices rose about 4% on Friday as U.S. gasoline prices jumped to a record high, China looked ready to ease pandemic restrictions and investors worried supplies will tighten if the European Union bans…

May 13, 2022
Musk puts Twitter deal on hold

LONDON (Reuters) - Elon Musk on Friday put his $44-billion deal for Twitter Inc temporarily on hold, sending the social media company's shares some 20% lower in pre-market trading and on the Frankfurt stock exchange. Below are analysts' reactions to…