U.S. Stocks Rebound After Recent Losses, Close On Firm Note

RTTNews | 752 dagar sedan

(RTTNews) - U.S. stocks closed on a firm note on Monday, recovering well after recent sharp losses, as investors looked ahead to more earnings updates and data on U.S. consumer and producer price inflation, due later in the week.

The major averages all closed higher. The Dow settled at 35,473.13, gaining 407.51 points or 1.16 percent, the best return in about seven weeks.

The S&P 500 ended with a gain of 40.41 points or 0.9 percent at 4,518.44, while the Nasdaq climbed 85.16 points or 0.61 percent to 13,994.40.

The Dow, the S&P 500 and the Nasdaq had shed 1.1 percent, 2.9 percent and 2.3 percent, respectively, last week.

Amgen shares climbed about 4 percent. Boeing rallied nearly 3 percent, and Johnson & Johnson gained 2.5 percent.

Alphabet shares gained 2.7 percent, and Meta Platforms advanced 1.8 percent. United Health, Caterpillar, Nike, Walmart, McDonalds, IBM, Visa, P&G, Merck, American Express and Coca-Cola advanced 0.8 to 1.6 percent.

Berkshire Hathaway shares gained about 2.5 percent after the company reported record quarterly operating profit.

Apple Inc. shares drifted down 1.7 percent, continued to be weighed down by the drop in revenues in the latest quarter. The company's earnings, however, beat analyst estimates.

In overseas trading, Asian stocks ended flat to slightly lower on Monday as the dollar regained traction and Treasury yields climbed ahead of key inflation readings from China and the United States due this week.

Focus was also on earnings reports from some of the largest firms in Asia, with Chinese e-commerce giant Alibaba Group Holding, Japanese tech giants Sony Corp., SoftBank Group and Australian lender Commonwealth Bank of Australia set to unveil their financial results this week.

The major European markets ended flat on Monday after spending much of the day's session in negative territory amid concerns about the outlook for global economic growth, ahead of China's trade and inflation data, and the report on U.S. inflation.

U.S. Pending Home Sales Fall More Than Expected In July

A report released by the National Association of Realtors on Thursday showed pending home sales in the U.S. fell by more than expected in the month of July. NAR said its pending home sales index decreased by 0.4 percent to 71.7 in July after sliding by 0.8 percent to 72.0 in June. Economists had expected pending home sales to edge down by 0.1 percent.

RTTNews | 2h 24minuter sedan

Eurozone Economic Confidence Weakens In August

Eurozone economic sentiment softened unexpectedly in August as only industry and retail trade showed improvements, survey results from the European Commission showed Thursday. The economic sentiment indicator slid to 95.2 in August from a revised 95.7 in the previous month. The score was forecast rise to 96.0.

RTTNews | 2h 35minuter sedan

Walgreen Co. Now Operating As Private Standalone Company Under Sycamore Partners

Independent retail pharmacy Walgreen Co. announced Thursday it is now operating as a private standalone company following the closure of the acquisition of Walgreens Boots Alliance, Inc. (WBA) by New York-based private equity firm Sycamore Partners.

RTTNews | 2h 46minuter sedan

U.S. Economy Surges More Than Previously Estimated In Q2

The U.S. economy grew by more than previously estimated in the second quarter of 2025, according to revised data released by the Commerce Department on Thursday. The report said real gross domestic product shot up by 3.3 percent in the second quarter compared to the previously reported 3.0 percent surge. Economists had expected the jump in GDP to be upwardly revised to 3.1 percent.

RTTNews | 2h 58minuter sedan

U.S. Weekly Jobless Claims Dip Roughly In Line With Estimates

A report released by the Labor Department on Thursday showed a modest decrease by first-time claims for U.S. unemployment benefits in the week ended August 23rd. The Labor Department said initial jobless claims dipped to 229,000, a decrease of 5,000 from the previous week's revised level of 234,000. Economists had expected jobless claims to slip to 230,000.

RTTNews | 3h 4minuter sedan

Switzerland Logs Weaker Growth, Trims 2026 Outlook

The Swiss economy expanded modestly in the second quarter, as estimated earlier, and higher U.S. tariffs are set to push down growth prospects, the State Secretariat for Economic Affairs said Thursday. Gross domestic product grew 0.1 percent from the first quarter, unchanged from the flash estimate. Growth softened notably from 0.7 percent in the first quarter.

RTTNews | 4h 9minuter sedan

U.S. GDP Jumps More Than Previously Estimated In Q2

The U.S. economy grew by more than previously estimated in the second quarter of 2025, according to revised data released by the Commerce Department on Thursday.

RTTNews | 4h 17minuter sedan

U.S. Weekly Jobless Claims Edge Down To 229,000

A report released by the Labor Department on Thursday showed a modest decrease by first-time claims for U.S. unemployment benefits in the week ended August 23rd.

RTTNews | 4h 22minuter sedan

EURUSD	1.16882	GBPUSD	1.35211	AUDUSD	0.65345
USDJPY	146.849	USDCAD	1.37477	USDCHF	0.80069