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NEW YORK: The S&P 500 hit a record intraday high on Monday, led by tech stocks such as Apple and Google-parent Alphabet, but a drop in oil prices weighed on energy stocks.
WASHINGTON: U.S. retail sales in April recorded their biggest increase in a year as Americans stepped up purchases of automobiles and a range of other goods, suggesting the economy was regaining momentum after growth almost stalled in the first quarter.
Washington: US factory activity expanded at a more moderate pace in April due in part to a slowdown in new orders, but a rise in export orders to a near 1-1/2-year high and signs an inventory overhang drag was fading offered hope for the manufacturing sector.
New York: US stocks rose on Monday, rebounding from losses last week, as financials gained with Berkshire Hathaway and weakness in the dollar eased worries about earnings for multinationals.
NEW YORK: Wall Street was little changed on Monday (at the opening) after data showed that US manufacturing sector’s PMI for April was at its lowest since 2009.
NEW YORK: A late bounce on Wall Street, backed by a rise in oil prices, helped propel a measure of global equity markets to its highest in nearly two months on Wednesday.
NEW YORK: Energy and bank stocks led Wall Street higher on Wednesday, adding to a rally in the previous session, after strong jobs data dispelled concerns over the health of the U.S. economy.
TOKYO: Asian shares look set to test February highs on Wednesday as signs of recovery in the U.S. manufacturing sector and gains in oil prices eased worries about a global slowdown and pushed U.S. stocks sharply higher
NEW YORK: Wall Street enjoyed its strongest session in a month on Tuesday, led by financial and technology stocks after encouraging U.S. factory and construction data suggested the world's biggest economy was regaining momentum.
NEW YORK: Wall Street surged on Tuesday, led by financial and technology stocks, after encouraging US factory and construction data suggested the economy was regaining momentum after slowing in the fourth quarter.