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Markets 15 Sep 2017 | 3:51 PM

Wall St indexes eke out fresh record highs (Update 1)

NEW YORK: The three major Wall Street indexes inched up to record highs on Friday, as investors shrugged off North Korea’s latest missile test and domestic economic data that did little to move the needle on the timing of an interest rate hike.

Corporate News 13 Sep 2017 | 8:58 AM

Asian tech pullback knocks emerging stocks off 3-yr high

LONDON: A pullback in the shares of Apple component suppliers in Asia knocked emerging equities off a three-year high on Wednesday, but China's yuan steadied after three days of losses.

Markets 04 Aug 2017 | 12:56 AM

Asian stocks struggle on Friday after a technology-led drop on Wall Street

SINGAPORE: Asian stocks struggled on Friday eafter a technology-led drop on Wall Street, while U.S. Treasury yields and the dollar remained under pressure on signs that probes into possible Russian interference in the 2016 U.S. elections are gathering pace

Business 03 Aug 2017 | 2:48 PM

Wall St opens flat as tech stocks slip

NEW YORK: US stocks opened little changed on Thursday, with the Dow barely above 22,000, a milestone it breached a day earlier on the back of Apple’s strong quarterly results.

Business 01 Aug 2017 | 2:58 PM

Dow at record on strong earnings; Apple earnings awaited

NEW YORK: US stocks were higher in late morning trading on Tuesday, with the Dow coming within spitting distance of the 22,000 mark, helped by strong corporate earnings.

Business 28 Jul 2017 | 2:40 PM

Wall St opens lower as Amazon weighs on tech stocks

NEW YORK: US stock indexes opened lower on Friday as Amazon’s profit miss spooked investors and dragged down shares of other technology companies.

Business 25 Jul 2017 | 2:57 PM

Strong earnings boost S&P, Dow; Alphabet drags Nasdaq

NEW YORK: The S&P and the Dow were higher in late morning trading on Tuesday, helped by a string of strong quarterly earnings from companies, including McDonald’s and Caterpillar, while the Nasdaq was little changed as a fall in Alphabet weighed.

Technology 19 Jul 2017 | 11:08 PM

After 17 years, S&P tech index breaks record

SAN FRANCISCO: It took 17 years, but the S&P 500 information technology index has finally recovered from the implosion of the dot-com bubble

Business 15 Jun 2017 | 10:36 PM

Global stocks slip with tech, energy

NEW YORK: Stock indexes around the world fell on Thursday as technology shares resumed their recent sell-off, while the prospect of tighter monetary policy in the United States and Britain pushed up the dollar.

Banking 12 Jun 2017 | 9:49 AM

Tech selloff spreads to Europe and Asia, politics lifts euro

LONDON: Technology stocks fell across Europe and Asia on Monday after the worst day for Apple shares in more than a year, while the euro and its bonds rallied after a bumper weekend for pro-EU and pro-business politics in France and Italy.