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Investing.com– U.S. stock index futures rose in evening deals on Thursday as a rout in technology stocks eased after earnings from Nvidia Corp showed artificial intelligence-fueled demand still remained in play. Optimism over interest rate cuts also kept Wall Street close to record highs, with focus turning squarely to upcoming…
Investing.com– Most Asian stocks surged on Friday, tracking an overnight rally on Wall Street as strong U.S. economic data helped quell fears of a recession, while bets on interest rate cuts still remained in play. Wall Street indexes rose sharply on Thursday after strong retail sales data boosted optimism over…
By Ankika Biswas and Pranav Kashyap (Reuters) -Technology and bank shares led Europe’s benchmark stock index more than 1% higher on Thursday, with risk appetite boosted by strong U.S. retail sales data that eased fears of a slowdown in the world’s largest economy. The pan-European STOXX 600 closed at a…
By David Shepardson and Rajesh Kumar Singh (Reuters) -Delta Air Lines is making progress in restoring its services from a global cyber outage and would resume normal operations Thursday, CEO Ed Bastian said. The Atlanta-based carrier has been hit hard by the outage and has axed more than 6,000 flights…
Administered ketamine is being used in concert with therapy to treat Ukrainian veterans who experience post-traumatic stress disorder from fighting on the battlefield.”Veterans, of course, are really exposed to so much in their work at the front lines and have high rates of PTSD and treatment-related resistant depression,” Elaine Klein,…
By Yantoultra Ngui and Selena Li SINGAPORE/HONG KONG (Reuters) – China International Capital Corp (CICC) plans to expand its presence in Southeast Asia by opening offices in countries including Indonesia and Malaysia, said its investment banking head, as a slump in deals at home hurts its prospects. Founded in 1995,…
By Brijesh Patel and Ashitha Shivaprasad SINGAPORE (Reuters) – China, the biggest official sector buyer of gold, is expected to resume its bullion shopping spree once prices ease from the record highs hit in May, as the fundamental case for the metal remains, industry players said at a conference this…
By Valerie VolcoviciWASHINGTON (Reuters) – The Federal Energy Regulatory Commission (FERC) is expected on Monday to issue a final rule to address the crunch in U.S. electricity transmission as the grid struggles to connect enormous amounts of clean power while demand surges.The long-awaited rule will attempt to ensure that a…
By Chris Prentice and Alun JohnNEW YORK/LONDON (Reuters) – Investors scaled back safe-haven bets on Monday as worries over a wider Middle East conflict eased, boosting world equities and pressuring gold, oil and bond prices.MSCI’s gauge of stocks across the globe rose 1.13%, to 751.68 by 1:33 p.m. EST (1733…
By Jeslyn LerhSINGAPORE (Reuters) – Oil prices fell by more than 1% on Monday, as the market focus switched to fundamentals after Israel and Iran played down the risk of an escalation of hostilities following Israel’s apparently small strike on Iran.Brent futures fell $1.21, or 1.4%, to $86.08 a barrel…
