18 February

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Dow Hovers Near Record High as Rising Cyclicals Ease Hit to Tech By Investing.com

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By Yasin Ebrahim Investing.com – The Dow hovered near record highs Wednesday as rising energy stocks and data pointing to underlying strength in the economic recovery offset weakness in tech-led growth stocks. The Dow Jones Industrial Average rose 0.05%, or 15 points, and remained close to its record intraday high of 31,608.63. The S&P 500 was down 0.30%, while the Nasdaq Composite slipped...

18 February

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GameStop bull ‘Roaring Kitty,’ MassMutual hit with securities lawsuit By Reuters

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By Tom Hals (Reuters) - The social media persona "Roaring Kitty" at the center of last month's frenzied rally in shares of GameStop Corp (NYSE:GME) violated securities laws and caused "huge losses" for investors, according to a class action lawsuit filed in federal court in Massachusetts. Keith Gill, or Roaring Kitty on YouTube and DeepF***ingValue on Reddit forums, allegedly hid...

18 February

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Chinese Markets Reopen With Stocks Primed to Hit All-Time Highs By Bloomberg

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(Bloomberg) -- Chinese financial markets are likely to extend this year’s rally when they open for the first time after a Lunar New Year break on Thursday, with stocks hovering near a record. The CSI 300 Index is within 70 points - or 1.2% - from its 2007 closing peak, and there are promising omens for it to break through that barrier. Chinese...

18 February

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Asian markets eye muted start on economic hopes, pandemic fears By Reuters

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By Pete Schroeder (Reuters) - Asian markets were set for sideways trade at Thursday's open as lingering pandemic concerns pushed against stronger economic data, and with little firm direction from Wall Street. Australia's benchmark S&P/ASX 200 index was down 0.1% in early trading, while {{178|Japan's NiNikkei 225 futures were up 0.05%. Hong Kong's Hang Seng index futures were down 0.2%. The MSCI's...

18 February

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One in four UK firms plan to fire staff if furlough ends soon: BCC By Reuters

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LONDON (Reuters) - A quarter of British businesses expect to fire staff if finance minister Rishi Sunak does not extend a job furlough programme that is due to expire at the end of April, the British Chambers of Commerce said on Thursday. Sunak is due to deliver his annual budget on March 3 and has promised to provide more support for jobs...

18 February

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Workers from home beware – pay cuts might be the price of freedom By Reuters

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LONDON (Reuters) - Dreaming of working remotely from that cottage in the hills? There is a good chance you will get paid less, according to a survey of human resources executives published on Thursday. Employees who move to cheaper locations to work permanently from home are also likely to have more limited career prospects, executive search firm Leathwaite said. Forty-five percent of...

18 February

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Men charged in Ghosn escape plot ask U.S. State Department to halt extradition – letter By Reuters

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By David Shepardson and Nate Raymond WASHINGTON (Reuters) - An American father and son accused of helping former Nissan Motor Co Ltd Chairman Carlos Ghosn flee trial in Japan have asked U.S. Secretary of State Antony Blinken to halt their impending extradition to the East Asian country. On Saturday, the U.S. Supreme Court denied an emergency request by lawyers for U.S. Army...

18 February

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Synopsys Earnings, Revenue beat in Q1 By Investing.com

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Synopsys (NASDAQ:SNPS) reported on Wednesday first quarter earnings that beat analysts' forecasts and revenue that topped expectations. Synopsys announced earnings per share of $1.52 on revenue of $970.3M (NYSE:MMM). Analysts polled by Investing.com anticipated EPS of $1.47 on revenue of $958.48M. Synopsys shares are up 9.44% from the beginning of the year and are trading at $283.70 , down-from-52-week-high.They...

18 February

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Boeing reminds pilots to monitor planes closely following Indonesia crash: sources By Reuters

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(Reuters) - Boeing (NYSE:BA) Co has issued a technical bulletin to airlines reminding them to ensure pilots closely monitor the airplane's state and flight path to prevent a loss of control in flight, according to two people with knowledge of the matter. The bulletin was sent after Indonesia issued a preliminary report into a Jan. 9 Sriwijaya Air crash that killed all...

18 February

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Dow Rides Cyclical Gains to Close at Record High; Tech Stumbles By Investing.com

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By Yasin Ebrahim Investing.com – The Dow closed at record highs for second-straight day Wednesday, led by gains in cyclical stocks on data showing consumer spending has returned after a two-month hiatus and further signs that market-friendly monetary policy will continue for some time. The Dow Jones Industrial Average rose 0.29%, or 90 points, to a record high of 31,613.28. The S&P 500 was...

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News

Dow Hovers Near Record High as Rising Cyclicals Ease Hit to Tech By Investing.com

GameStop bull ‘Roaring Kitty,’ MassMutual hit with securities lawsuit By Reuters

Chinese Markets Reopen With Stocks Primed to Hit All-Time Highs By Bloomberg

Asian markets eye muted start on economic hopes, pandemic fears By Reuters

One in four UK firms plan to fire staff if furlough ends soon: BCC By Reuters

Workers from home beware – pay cuts might be the price of freedom By Reuters

Men charged in Ghosn escape plot ask U.S. State Department to halt extradition – letter By Reuters

Synopsys Earnings, Revenue beat in Q1 By Investing.com

Boeing reminds pilots to monitor planes closely following Indonesia crash: sources By Reuters

Dow Rides Cyclical Gains to Close at Record High; Tech Stumbles By Investing.com

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