By Chuck Mikolajczak NEW YORK (Reuters) -The Nasdaq scored its first gain of at least 1% in 2024 on Monday, as a fall in Treasury yields helped lift megacap stocks, while a sharp drop in Boeing shares kept gains on the Dow Industrials in check. Megacaps advanced, lifting stocks such as Amazon.com which closed up …
Nasdaq ends higher as yields fall, Boeing curbs gains on Dow Read More »
By Jeff Mason, Phil Stewart and Idrees Ali ABOARD AIR FORCE ONE (Reuters) -U.S. President Joe Biden does not plan to fire Defense Secretary Lloyd Austin after his failure to disclose his hospitalization last week, officials said on Monday, as the Pentagon revealed a second hospital stay that was kept from the White House. Biden’s …
Biden defends Pentagon chief Austin after hospitalization furor Read More »
By Joanna Plucinska, Abhijith Ganapavaram and Tim Hepher (Reuters) -Boeing shares plunged to close 8% lower on Monday following the temporary grounding of some of its best-selling 737 MAX jets by the U.S. aviation regulator. A piece of fuselage tore off an Alaska Airlines 737 MAX 9 jet on Friday following takeoff from Portland, Oregon, …
Boeing shares tumble after US grounds some 737 MAX jets Read More »
By Caroline Valetkevitch NEW YORK (Reuters) -Global stock indexes rose on Monday with gains in U.S. tech-related shares driving a more than a 2% jump in the Nasdaq, while U.S. oil prices dropped 4% as price cuts by top exporter Saudi Arabia overshadowed Middle East tensions. Shares of Boeing fell 8% and limited gains in …
Stocks rise with tech-related share boost; oil falls on Saudi price cuts Read More »
By Sudipto Ganguly and Ruma Paul DHAKA (Reuters) – Bangladesh Prime Minister Sheikh Hasina swept to a fourth straight term in power, with her party winning almost 75% of the seats in Sunday’s general election that was boycotted by the main opposition and drew a low turnout. The main opposition Bangladesh Nationalist Party (BNP), which …
Bangladesh PM Hasina secures fourth straight term in vote boycotted by main opposition Read More »
By Stephanie Kelly NEW YORK (Reuters) -Oil prices fell over 3% on Monday on sharp price cuts by top exporter Saudi Arabia and a rise in OPEC output that offset supply concerns generated by escalating geopolitical tension in the Middle East. Brent crude settled down $2.64, or 3.4%, at $76.12 a barrel, while U.S. West …
Oil falls over 3% as Saudi price cuts add to demand doubts Read More »
By Karen Brettell NEW YORK (Reuters) -The dollar dropped against the euro and yen on Monday as investors continued to digest last week’s mixed U.S. economic data and looked ahead to a key inflation reading for fresh clues on when the Federal Reserve is likely to begin cutting interest rates. The greenback initially bounced on …
Dollar falls as traders focus on data for Fed policy clues Read More »
By Emma Farge GENEVA (Reuters) -A former Gambian minister under ousted dictator Yahya Jammeh went on trial in Switzerland on Monday for crimes against humanity in a milestone case where a serial rape victim will testify after a multi-decade wait for justice. Former interior minister Ousman Sonko becomes the highest-ranking official to be tried in …
Gambian ex-minister faces rape, torture charges in long-awaited Swiss trial Read More »
WASHINGTON (Reuters) – Republicans in the U.S. House of Representatives will be defending a narrow 220-213 majority in the Nov. 5 elections, but they will face their first electoral test on Feb. 13 when the seat formerly occupied by Republican George Santos is up for grabs. Below are some of the races to watch as …
Factbox-Seven US House of Representatives races to watch in 2024 Read More »
By Anushree Ashish Mukherjee (Reuters) – Gold prices fell to a three-week low on Monday, pressured by elevated Treasury yields as expectations for an imminent Federal Reserve interest rate cut faded, with investors looking ahead to this week’s U.S. inflation data for more clarity. Spot gold was down 0.9% at $2,028.03 per ounce by 2:25 …
Gold retreats to three-week low ahead of US inflation data Read More »
