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By Suzanne McGee (Reuters) – U.S. tech investor Cathie Wood is calling on Donald Trump’s incoming administration to boost economic growth and policy certainty by backdating promised corporate and personal tax cuts to Jan. 1, 2025, she told Reuters. A laggard in recent years, Wood’s flagship ARK Innovation (NYSE:) exchange-traded…
SHANGHAI/SINGAPORE (Reuters) -Chinese stocks tumbled on Wednesday alongside their Hong Kong peers, as investors booked profits after a blistering rally and as officials failed to inspire confidence in stimulus plans intended to revive the economy. Benchmark indexes in China declined more than 5% by midday in a sharp reversal from…
A look at the day ahead in U.S. and global markets from Mike Dolan Wall St has suddenly become a tough crowd to please. Much like last week’s cool market reception for decent earnings beats from streamer Netflix (NASDAQ:) or chipmaker TSMC, Alphabet (NASDAQ:)’s surprisingly muscular second quarter left its…
A look at the day ahead in U.S. and global markets from Mike DolanThe strength of the U.S. labor market will give Wall Street’s interest rate relief a reality check on Friday, but Apple’s monster share buyback has buoyed the market in advance.The world’s second biggest company by market capitalisation…