Website URL:
   X

   X

   Edition:
   United States



   
     * 
     * Business
          + Business Home
          + Legal
          + Deals
          + Aerospace & Defense
          + Finance
          + Autos
          + Reuters Summits
          + Sustainable Business
          + The World at Work
     * Markets
          + Markets Home
          + U.S. Markets
          + European Markets
          + Asian Markets
          + Global Market Data
          + Stocks
          + Bonds
          + Currencies
          + Commodities
          + Funds
          + Earnings
          + Dividends
          + Exchange-Traded Funds
          + Lipper Awards
          + Stock Screener
          + Fund Screener
     * World
          + World Home
          + U.S.
          + Special Reports
          + Reuters Investigates
          + Euro Zone
          + Middle East
          + China
          + Japan
          + Mexico
          + Brazil
          + Africa
          + Russia
          + India
     * Politics
          + Politics Home
          + Election 2020
          + Supreme Court
          + Polling on the President
     * Tech
          + Technology Home
          + Science
          + Media
          + Energy and Environment
     * Breakingviews
          + Breakingviews Home
          + Breakingviews Video
     * Wealth
          + Wealth Home
          + Retirement
     * Life
          + Health
          + Soccer
          + Sports
          + Arts
          + Entertainment
          + Oddly Enough
     * Pictures 
          + Pictures Home
          + The Wider Image
          + Photographers
     * TV 
     *

     * Africa
       América Latina
     * عربي
       Argentina
     * Brasil
       Canada
     * 中国
       Deutschland
     * España
       France
     * India
       Italia
     * 日本
       México
     * РОССИЯ
       United Kingdom
     * United States

Markets & Finance News

   Photo 

U.S. producer prices unexpectedly fall; underlying inflation stabilizing

   WASHINGTON U.S. producer prices unexpectedly fell in June as rising costs for energy goods were offset by weakness in services, pointing to subdued inflation that should allow the Federal Reserve to keep pumping money into the economy to arrest a downward spiral.
     * Cash-strapped New Jersey to borrow up to $9.9 billion under deal
       4:57pm EDT
     * Trump adviser says next coronavirus relief bill to be more focused
       3:48pm EDT
     * Trump says he is not thinking about a 'Phase 2' U.S. - China trade deal
       12:32pm EDT
     * U.S. slaps French goods with 25% duties in digital tax row, but delays effective date
       6:18pm EDT
     * UK PM Johnson to tell office workers to return to work to save economy: Daily Mail
       6:04pm EDT

Regional Markets News

   United States Europe & Middle East Asia Pacific
   

UPDATE 1-Canada's long-term financial profile seen consistent with AAA rating -S&P

   

   Canada's long-term financial and economic profile is expected to remain consistent with its current AAA rating, Standard & Poor's said on Friday, just two days after Ottawa forecast its largest budget deficit since World War Two.
   6:16pm EDT
   

UPDATE 1-Credit Suisse settles U.S. shareholder lawsuit over debt writedowns, disclosures

   

   Credit Suisse Group AG agreed to pay $15.5 million to settle a lawsuit accusing it of defrauding shareholders about its risk appetite and management before taking $1 billion of writedowns on souring debt, court filings on Friday show.
   5:58pm EDT
   

Canada's long-term financial profile seen consistent with AAA rating -S&P

   

   Canada's long-term financial and economic profile is expected to remain consistent with its current AAA rating, Standard & Poor's said on Friday, just two days after Ottawa forecast its largest budget deficit since World War Two.
   5:48pm EDT
   

Brazilian meatpacker JBS to buy back $875 million of bonds

   

   Brazilian meat producer JBS SA will redeem $875 million worth of bonds in August, it said in a securities filing on Friday.
   5:30pm EDT
   

US STOCKS-Wall St jumps with financials; Gilead data offsets virus fears

   

   * Gilead analysis shows remdesivir reduced coronavirus death risk
   4:59pm EDT
   

UPDATE 1-U.S. Senate panel to vote on Trump Fed picks July 21

   

   U.S. Senate Banking committee members will vote July 21 on two nominees to the Federal Reserve Board, one of whom faced particularly sharp questioning in a mid-February hearing over views perceived by many as out of the mainstream.
   4:50pm EDT
   

US STOCKS-Wall St jumps as Gilead data offsets virus fears; financials jump

   

   * Gilead analysis shows remdesivir reduced coronavirus death risk
   4:43pm EDT
   

Credit Suisse settles U.S. shareholder lawsuit over debt writedowns, disclosures

   

   Credit Suisse Group AG agreed to pay $15.5 million to settle a lawsuit accusing it of defrauding shareholders about its risk appetite and management before taking $1 billion of writedowns on souring debt, court filings on Friday show.
   4:42pm EDT
   

Cash-strapped New Jersey to borrow up to $9.9 billion under deal

   

   New Jersey, one of the states hardest hit by the coronavirus outbreak, would borrow up to $9.9 billion from sources that could include the U.S. Federal Reserve to deal with massive revenue losses from the economic shutdown, under an agreement announced on Friday between the governor and legislative leaders.
   4:32pm EDT
   

GLOBAL MARKETS-Stocks jittery as record U.S. virus count weighs on risk appetite

   

   Global equity benchmarks edged higher after struggling for direction for most of the day and bond yields flat-lined on Friday as investors weighed a record number of new coronavirus cases in the United States against improving economic data in Europe and signs that Gilead Sciences Inc's remdesivir drug helped reduce the risk of death in severely-ill COVID-19 patients.
   4:22pm EDT
   « Previous Page Next Page »
   

Upbeat economic data helps European shares snap three-day losing run

   

   European shares rose on Friday after upbeat industrial output data from Italy and France raised hopes of an economic recovery, even as a spike in coronavirus cases around the world kept gains in check.
   12:31pm EDT
   

UPDATE 2-Upbeat economic data helps European shares snap 3-day losing run

   

   * GSK falls; U.S. FDA weighs risks of multiple myeloma drug (Updates to close)
   12:23pm EDT
   

European shares enter fourth day of declines, energy firms drag

   

   European shares extended losses for a fourth straight session on Friday on worries that an economic recovery may fizzle out as coronavirus cases continue to rise globally.
   3:30am EDT
   

European stocks slide as Wall Street hit by virus surge

   

   European stocks closed sharply lower on Thursday as Wall Street tumbled after another record surge in U.S. coronavirus cases that raised fears of fresh lockdowns.
   Jul 09 2020
   

UPDATE 2-European stocks slide as Wall St hit by virus surge

   

   * Wall St tumbles as virus cases surge again (For a live blog on European stocks, type LIVE/ in an Eikon news window)
   Jul 09 2020
   

European shares rise after SAP's reassuring outlook

   

   European stocks rose on Thursday as software giant SAP signalled a rebound in its business from a coronavirus hit, while optimism over China's recovery helped Germany outperform.
   Jul 09 2020
   

HSBC and Nokia drag European stocks lower amid virus worries

   

   HSBC and Nokia dragged European shares lower on Wednesday as a surge in coronavirus cases appeared to threaten a recovery in the global economy, while Britain's plan to head off an unemployment crisis cushioned a fall in London's domestically focused stocks.
   Jul 08 2020
   

UPDATE 2-HSBC and Nokia drag European stocks lower amid virus worries

   

   * HSBC hit by report Trump aides want to undermine USD/HKD peg
   Jul 08 2020
   

European shares slip as virus cases surge; HSBC, Nokia slump

   

   European shares opened lower on Wednesday, with banks and energy firms leading the declines as surging coronavirus infections globally dimmed the prospect of a swift economic recovery.
   Jul 08 2020
   

European stocks slip as hopes of post-pandemic rebound fade

   

   European shares fell on Tuesday as surging U.S. coronavirus cases and forecasts for a deeper-than-feared recession in the euro zone dimmed optimism around a post-pandemic rebound.
   Jul 07 2020
   « Previous Page Next Page »
   

FOREX-U.S. dollar slides as vaccine news offsets surge in virus cases

   

   The dollar slipped on Friday, as its safe-haven allure diminished, on hopes of a potential vaccine for the novel coronavirus that outweighed concerns about the surge in infections in the United States and around the world. The U.S. currency posted its largest weekly percentage loss against a basket of major currencies in a month. On Friday, Gilead Sciences Inc said additional data from a late-stage study showed its antiviral remdesivir reduced the risk of death and significantly improved the conditions of severely ill COVID-19 patients. That helped a rally in U.S. stocks and pushed the dollar lower. "When we talk about the dollar these days, it's about the correlation with risk and that's still happening now," said John Doyle, vice president for dealing and trading, at Tempus, Inc. in Washington. "I think the vaccine news is offsetting the surge in cases," he added. More than 60,500 new COVID-19 infections were reported across the United States on Thursday, according to a Reuters tally, the
   largest one-day increase in any country since the pandemic emerged in China last year. But analysts said currency investors may be looking forward to the treatments being developed for the virus. In late afternoon trading, the dollar index fell 0.2% to 96.624. The dollar also slid after U.S. producer prices unexpectedly fell 0.2% in June, following a 0.4% rebound in May, as the economy battles depressed demand amid the COVID-19 pandemic. Reflecting the market's increased risk appetite, the euro, rose 0.2% against the dollar to $1.1300 , while the British pound was up 0.1% at $1.2631. The dollar also fell to a two-week low against the safe-haven yen. It was last down 0.3% at 106.92 yen . The yen has been trading in a narrow range despite the ebbs and flows of risk sentiment, as one-month implied and historical volatility close to its record low. But, according to Monex, technical indicators in the options market are signalling investor concerns about future outbreak in volatility. "The
   options market foresees increasing volatility risks in the barely flat dollar/yen pair through the second half of the year, similar to warnings during the financial crisis," Monex analysts said in a note. The Chinese yuan in the offshore market, meanwhile, was down about 0.2% at 7.0114 per U.S. dollar , having touched a near-four-month high of 6.9808 on Thursday. The Chinese currency has gained almost 1% this week, supported by hopes of capital inflows as share prices rebounded after Beijing indicated it wants a healthy bull market. ======================================================== Currency bid prices at 3:03PM (1903 GMT) Description RIC Last U.S. Close Pct Change YTD Pct High Bid Low Bid Previous Change Session Euro/Dollar EUR= $1.1294 $1.1281 +0.12% +0.75% +1.1324 +1.1256 Dollar/Yen JPY= 106.9400 107.1900 -0.23% -1.76% +107.2600 +106.6500 Euro/Yen EURJPY= 120.79 120.95 -0.13% -0.95% +121.0600 +120.2800 Dollar/Swiss CHF= 0.9415 0.9402 +0.14% -2.72% +0.9431 +0.9386 Sterling/Dollar
   GBP= 1.2623 1.2604 +0.15% -4.80% +1.2663 +1.2568 Dollar/Canadian CAD= 1.3588 1.3584 +0.03% +4.64% +1.3631 +1.3575 Australian/Doll AUD= 0.6943 0.6963 -0.29% -1.11% +0.6969 +0.6925 ar Euro/Swiss EURCHF= 1.0637 1.0609 +0.26% -1.98% +1.0640 +1.0608 Euro/Sterling EURGBP= 0.8948 0.8949 -0.01% +5.84% +0.8970 +0.8938 NZ NZD= 0.6569 0.6568 +0.02% -2.48% +0.6588 +0.6547 Dollar/Dollar Dollar/Norway NOK= 9.4465 9.4645 -0.19% +7.61% +9.5467 +9.4115 Euro/Norway EURNOK= 10.6736 10.6843 -0.10% +8.49% +10.7545 +10.6565 Dollar/Sweden SEK= 9.1988 9.2331 -0.27% -1.59% +9.2814 +9.1694 Euro/Sweden EURSEK= 10.3914 10.4200 -0.27% -0.75% +10.4527 +10.3778 (Reporting by Gertrude Chavez-Dreyfuss; Editing by David Gregorio and Chizu Nomiyama)
   3:41pm EDT
   

GLOBAL MARKETS-Stocks jittery as record U.S. virus count weighs on risk appetite

   

   Global equity benchmarks struggled for direction and bond yields flat-lined on Friday as investors weighed a record number of new coronavirus cases in the United States against improving economic data in Europe.
   12:45pm EDT
   

FOREX-Yen rises on renewed surge in virus cases; dollar index falls

   

   The safe-haven Japanese yen climbed to a two-week peak against the dollar on Friday, lifted by concerns about a surge in coronavirus infections in the United States and around the world. The yen was on track to post its largest daily percentage gain against the dollar in about a month. The greenback fell against a basket of major currencies, pressured by weaker-than-expected U.S. producer prices in June as well as positive news about the potential coronavirus vaccine remdesivir that hurt the dollar's status as a safe haven. More than 60,500 new COVID-19 infections were reported across the United States on Thursday, according to a Reuters tally, the largest one-day increase in any country since the pandemic emerged in China last year. There were also alarming new spikes in infections in some Asia Pacific cities that appeared to have contained the disease, such as Tokyo, Hong Kong and Melbourne. "Growth worries stalked markets, buoying safe bets like the yen and gold," said Joe Manimbo,
   senior market analyst, at Western Union Business Solutions in Washington. He cited the rise in COVID cases globally and recent U.S. economic data, which has "shown signs of improvement," but "the pace has started to tail off." U.S. producer prices unexpectedly fell 0.2% in June, after rebounding 0.4% in May, as the economy battles depressed demand amid the COVID-19 pandemic. Also weighing on the dollar was news that Gilead Sciences Inc said additional data from a late-stage study showed its antiviral remdesivir reduced the risk of death and significantly improved the conditions of severely ill COVID-19 patients. In late morning trading, the dollar fell 0.5% against the yen to 106.66 yen. "The Japanese yen has been trading within a very tight trading range throughout the crisis. We're definitely back towards the bottom of that range," said Lee Hardman, currency analyst at MUFG. The dollar index also fell 0.3% to 96.451 The euro rose 0.3% against the dollar to $1.1318, while the British pound
   was up 0.4% at $1.2655. The Chinese yuan in the offshore market was down about 0.1% at 7.0039 per U.S. dollar, having touched a near-four-month high of 6.9808 on Thursday. The Chinese currency has gained almost 1% this week, supported by hopes of capital inflows as share prices rebounded after Beijing indicated it wants a healthy bull market. ======================================================== Currency bid prices at 11:02AM (1502 GMT) Description RIC Last U.S. Close Pct Change YTD Pct High Bid Low Bid Previous Change Session Euro/Dollar EUR= $1.1316 $1.1281 +0.31% +0.95% +1.1324 +1.1256 Dollar/Yen JPY= 106.7200 107.1900 -0.44% -1.97% +107.2600 +106.6500 Euro/Yen EURJPY= 120.81 120.95 -0.12% -0.94% +121.0600 +120.2800 Dollar/Swiss CHF= 0.9391 0.9402 -0.12% -2.97% +0.9431 +0.9386 Sterling/Dollar GBP= 1.2659 1.2604 +0.44% -4.53% +1.2663 +1.2568 Dollar/Canadian CAD= 1.3587 1.3584 +0.02% +4.61% +1.3631 +1.3575 Australian/Doll AUD= 0.6956 0.6963 -0.10% -0.94% +0.6969 +0.6925 ar Euro/Swiss
   EURCHF= 1.0630 1.0609 +0.20% -2.05% +1.0638 +1.0608 Euro/Sterling EURGBP= 0.8939 0.8949 -0.11% +5.75% +0.8970 +0.8939 NZ NZD= 0.6577 0.6568 +0.14% -2.35% +0.6588 +0.6547 Dollar/Dollar Dollar/Norway NOK= 9.4192 9.4645 -0.48% +7.30% +9.5467 +9.4115 Euro/Norway EURNOK= 10.6625 10.6843 -0.20% +8.40% +10.7545 +10.6565 Dollar/Sweden SEK= 9.1713 9.2331 -0.39% -1.88% +9.2814 +9.1699 Euro/Sweden EURSEK= 10.3797 10.4200 -0.39% -0.85% +10.4527 +10.3778 (Reporting by Gertrude Chavez-Dreyfuss; Additional reporting by Iain Withers in London; Editing by David Gregorio)
   11:18am EDT
   

REFILE-GRAPHIC-Take Five: A bull with underlying health conditions

   

   (Refiles to change chart on U.S. earnings section) 1/EUROPE: FINAL COUNTDOWN Southern European bonds and the euro have rallied hard in the two months since France and Germany mooted a 750 billion-euro ($848 billion) post-COVID-19 recovery fund. On July 17-18, European leaders meet to hammer out details. But differences remain on whether the fund should be based on loans or grants; if the proposal stumbles, markets will take it badly.
   10:14am EDT
   

GLOBAL MARKETS-Stocks jittery as record U.S. virus count weighs on risk appetite

   

   Global equity benchmarks slid and oil prices flat-lined on Friday as investors weighed a record number of new coronavirus cases in the United States against improving economic data in Europe.
   9:47am EDT
   

FOREX-Japanese yen gains as virus caution weighs

   

   * Graphic: World FX rates in 2020 https://tmsnrt.rs/2RBWI5E (Updates pricing)
   8:05am EDT
   

GLOBAL MARKETS-Stocks jittery as record U.S. virus count curbs risk appetite

   

   * China stocks fall 2% after red-hot rally; Europe up slightly
   8:02am EDT
   

Britain to set out its position on EU vaccine scheme later on Friday

   

   Britain will set out its position on the European Union coronavirus vaccine scheme later on Friday, a spokesman for Prime Minister Boris Johnson said, adding any decision would be based on what is deemed to be in the country's interests.
   7:53am EDT
   

FOREX-Japanese yen gains as virus caution weighs

   

   The dollar paused on Friday as concerns about a surge in coronavirus infections in the United States and elsewhere supported the safe haven Japanese yen, while risk-sensitive currencies lost ground.
   4:32am EDT
   

GLOBAL MARKETS-Another record U.S. virus count curbs risk appetite

   

   World stocks and oil prices were faltering on Friday as record-setting new coronavirus cases in several U.S. states led to worries that more lockdowns may be necessary, making a quick economic recovery unlikely.
   4:29am EDT
   « Previous Page Next Page »

Markets

   STOCKS BONDS CURRENCIES COMMODITIES
     * S&P » 
       3,185.04
       +1.05%
     * Dow » 
       26,075.30
       +1.44%
     * Nasdaq » 
       10,617.44
       +0.66%
     * FTSE 100 » 
       6,095.41
       +0.76%
     * Nikkei 225 » 
       22,290.81
       -1.06%

    Name   Yield Change
   US 10YR
   +0.643
   4:44pm EDT
   +0.038
   DE 10YR
   -0.463
   2:28pm EDT
   +0.008
   JP 10YR
   +0.016
   1:05pm EDT
   +0.001
   6:55pm EDT
   Name   USD      EUR     JPY
   USD  1        1.1297   0.0094
   EUR  0.8848   1        0.0083
   JPY  106.8900 120.7600 1
     Index   Last Chg
   Gold
   1,799.00 USD
   3:47pm EDT
   -0.20
   Exp: Jul 20
   Copper
   2.90 USD
   4:07pm EDT
   +0.07
   Exp: Jul 20
   Crude Oil
   40.62 USD
   4:59pm EDT
   +1.00
   Exp: Jul 20

Viewsroom

   
   

   Follow Reuters:
     * Follow Us On Twitter
     * Follow Us On Facebook
     * Follow Us On Instagram
     * Follow Us On YouTube
     * Follow Us On LinkedIn

   Subscribe: Newsletters | Podcasts | Apps

   Reuters News Agency | Brand Attribution Guidelines | Advertise with Us | Careers | Reuters Editorial Leadership | Reuters Fact Check

   Reuters, the news and media division of Thomson Reuters, is the world’s largest international multimedia news provider reaching more than one billion people every day. Reuters provides trusted business, financial, national, and international news to professionals via Thomson Reuters desktops, the world's media organizations, and directly to consumers at Reuters.com and via Reuters TV. Learn more about Thomson Reuters products:
   Eikon
   Information, analytics and exclusive news on financial markets - delivered in an intuitive desktop and mobile interface
    
   Elektron
   Everything you need to empower your workflow and enhance your enterprise data management
    
   World-Check
   Screen for heightened risk individuals and entities globally to help uncover hidden risks in business relationships and human networks
    
   Westlaw
   Build the strongest argument relying on authoritative content, attorney-editor expertise, and industry defining technology
    
   ONESOURCE
   The most comprehensive solution to manage all your complex and ever-expanding tax and compliance needs
    
   CHECKPOINT
   The industry leader for online information for tax, accounting and finance professionals
   

   All quotes delayed a minimum of 15 minutes. See here for a complete list of exchanges and delays.
     *
     * Site Feedback
     * Corrections
     * Advertising Guidelines
     * Cookies
     * Terms of Use
     * Privacy Policy
     * Do Not Sell My Personal Information