Stocks

Bloomberg Republican tax negotiators are targeting a corporate tax rate of 20 percent, according to two people familiar with the matter. That would be higher than President Donald Trump wants—setting up a key decision for the president on a top legislative priority. Trump has called for cutting the corporate rate to 15 percent, down from the current 35 percent. The ...

Bloomberg Equity markets were mixed on Tuesday, the dollar fell and Treasuries edged higher before as the Federal Reserve began a two-day meeting and investors awaited Donald Trump’s speech to the United Nations. The S&P 500 Index churned near an all-time high, stuck in one of the tightest ranges in decades. The CBOE Volatility Index slumped below 10. Europe’s equity ...

Bloomberg US stocks added to records, the dollar halted a two-day drop and Treasuries slipped as investors remained bullish on the American economy ahead of the Federal Reserve’s policy meeting. Gold fell as demand for havens faded. The S&P 500 Index held above 2,500, the Stoxx Europe 600 jumped the most in almost a week and equities increased from Australia ...

Bloomberg The pound’s rally, spurred by the Bank of England’s hawkish rhetoric, may be vulnerable to heightened sensitivity to economic data and Brexit uncertainty this week. Sterling rounded off its biggest weekly gain in five months against the dollar, reaching its highest level since just after Britain’s European Union referendum as UK policy makers spurred speculation of an interest-rate increase ...

Bloomberg Stocks pulled back from the rally that had pushed equities to records as oil jumped on a forecast for rising demand. The S&P 500 Index slipped and the Stoxx Europe 600 headed for the first drop in six days after US and global benchmarks closed at all-time highs a day earlier. Miners led the decline in Europe as the ...

Bloomberg US stocks added to records and the dollar held gains while Treasuries fell for a second day as the Trump administration plotted strategy for pushing a tax overhaul. The S&P 500 Index edged towards the 2,500 level, lifted by financial stocks as technology shares were little changed before Apple Inc.’s much-anticipated iPhone unveiling later on Tuesday. The Stoxx Europe ...

Bloomberg The dollar gained, Treasuries retreated and stocks advanced as an appetite for risk returned after an anticipated North Korean missile test failed to materialise and Hurricane Irma struck the US with less force than feared. Gold, the yen and the Swiss franc all fell. Bloomberg’s dollar index was headed for the first increase in eight days, while US stocks ...

Bloomberg The head of European listings at Nasdaq Inc. says Britain’s decision to leave the European Union is driving more UK companies to its Nordic market. Nasdaq Nordic now expects up to 15 percent of its initial public offerings and listings in 2018 could be made by companies outside the region. Most of the approaches it’s getting are from UK ...

Bloomberg US stocks opened higher on Wednesday, even as North Korean tensions continued to simmer, another hurricane tore through the Caribbean and the American debt ceiling loomed. The S&P 500 Index resumed its rally after a one-day setback and US Treasuries edged lower following dovish comments from Federal Reserve officials sparked a surge. West Texas Intermediate crude traded above $49 ...

Bloomberg The dollar slipped and Treasuries rose as traders shifted focus from North Korea to a week packed with central-bank decisions, Federal Reserve speakers and economic data that will help illuminate the path of the global economy. The S&P 500 fell after a six-day rally as US markets reopened following the Labor Day holiday. The Stoxx Europe 600 Index traded ...