NEW YORK—The S&P 500 ended a volatile session close to unchanged on Thursday, as technology shares fell but financials lent support a day after the market sold off on a hawkish slant in Federal Reserve minutes. The S&P 500 financials index rose 1.6 percent, extending this week’s strong gains. Other economically sensitive sectors also advanced….
Woman Self-Renovates Her Old Flat for $6,600 Using Upcycled Furniture and Freebie Items
A woman has turned her council flat into her dream home over lockdown for under 5,000 pounds (approx. US$6,600). Emma Campbell, 30, a digital marketing trainer, got her flat from the council when she was just 17 years old. Since then, she bought the flat for herself, and over the lockdown, she transformed it into her…
Wall Street Opens Flat as Focus Shifts to Fed’s Taper Decision
U.S. stock indexes opened flat on Wednesday as investors refrained from making big bets ahead of the conclusion of a Federal Reserve meeting, where policymakers are widely expected to signal the withdrawal of its pandemic-era support. The Dow Jones Industrial Average rose 6.46 points, or 0.02 percent, at the open to 36,059.09. The S&P 500…
Wall Street Mixed as Focus Shifts to Fed’s Taper Decision
U.S. stocks indexes traded mixed in a narrow range on Wednesday as investors looked ahead to the Federal Reserve’s widely expected move to signal the withdrawal of its pandemic-era support, while Activision Blizzard slid on a leadership change. Six of the 11 major S&P sectors fell, with energy and industrials declining the most. The banking…
Futures Flat on Worries Over Supply Chain Disruptions; Netflix Falls
U.S. stock index futures were flat on Wednesday as investors weighed the impact of supply chain constraints and inflation on corporate earnings, while Netflix shares remained sluggish after its quarterly report. Netflix’s global sensation “Squid Game” helped lure more customers than expected, the world’s largest streaming service said as it predicted a packed lineup would…
Wall Street Flat on Concerns Over Inflation Impact on Profits
U.S. stock indexes were trading largely flat in a choppy session on Tuesday on worries over the impact of rising inflation on upcoming third-quarter earnings, while Tesla gained after record China-made vehicles sales. Eight of the 11 major S&P 500 sector rose, led by defensive utilities, real estate, and consumer staples shares, which investors prefer…
Dollar Trades Flat as US Jobs Report Awaited
LONDON—The dollar traded flat against major currencies on Friday ahead of a U.S. non-farm payrolls report expected to provide traders with further clues on the pace of the Federal Reserve’s policy normalisation. The U.S. Dollar Currency Index, which measures the dollar against a basket of six peers, rose 0.1 percent to 94.338, last trading unchanged…
US Construction Spending Flat in August
WASHINGTON—U.S. construction spending was unexpectedly flat in August as an increase in public sector projects was offset by weakness in the private sector. The Commerce Department said on Friday that the unchanged reading in construction spending followed a 0.3 percent gain in July. Construction spending increased 8.9 percent on a year-on-year basis in August. Economists…
Wall Street Ends Near Flat on Cautious Note Ahead of Fed
NEW YORK—U.S. stocks ended near flat on Tuesday after a broad sell-off the day before, with worries over troubles at developer China Evergrande and caution ahead of Wednesday’s Federal Reserve policy news keeping a lid on the market. Trading was choppy, with the Dow and S&P 500 erasing session gains just before the close, while…
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