• Stocks rally again as U.S.-China trade hopes build

    2 monthes ago - By Reuters

    A strong day for Europe and a jump in Wall Street futures kept world stocks at a three-week high on Tuesday, after Asia was knocked back by a shock profit warning from tech giant Samsung.
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  • Wall Street opens higher on trade deal optimism

    2 monthes ago - By Reuters

    U.S. stocks opened higher on Tuesday, lifted by hopes that the United States and China would strike a deal to end their months-long trade war that has battered financial markets.
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  • Wall Street set to open higher on trade deal hopes

    2 monthes ago - By Reuters

    U.S. stocks were set to gain for a third day on Tuesday, lifted by hopes that the United States and China would strike a deal to end their months-long trade war that has battered financial markets.
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  • Uber Won't Allow Stock Market Woes to Slow Down Its IPO

    2 monthes ago - By Fortune

    The stock markets troubles aren't enough-yet-to stop Uber's IPO .
    Speaking to The Wall Street Journal in an interview published on Tuesday, Uber CEO Dara Khosrowshahi said that his company can go public at nearly any time and in any market condition, so the market's recent woes aren't worrying him. He acknowledged, however, that like any startup, Uber would prefer to go public “in a positive, stable market.”
    Khosrowshahi's comments come after the stock market suffered its biggest losses in more than a decade last year. Investors, concerned about the possibility of a recession, trade...
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  • Stock futures steady on trade optimism

    2 monthes ago - By Reuters

    U.S. stock index futures pointed to a third consecutive day of gains for Wall Street on Tuesday, lifted by expectations that the United States and China would strike a deal to end their months-long trade war that has battered financial markets.
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  • Watch Out NYSE-Wall Street Is Building Its Own Stock Exchange

    2 monthes ago - By Fortune

    Wall Street broker-dealers have long been frustrated with what they say are over-the-top fees charged by stock exchange giants such as the Nasdaq and New York Stock Exchange.
    The solution: Build their own exchange to shake up what has effectively become a duopoly.
    On Monday, nine financial firms including Morgan Stanley , Bank of America , and Fidelity Investments announced plans to form an equities exchange dubbed the Members Exchange, or MEMX.
    The new stock market, which is expected to file an application with the Securities and Exchange Commission in early 2019, plans to reduce costs...
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