LONDON—A flare up in U.S.–China tensions, signs of further regulatory crackdowns from Beijing, and a rise in short-dated U.S. Treasury yields doused the equity market rally on Wednesday, offsetting tailwinds from forecast-beating earnings on Wall Street. MSCI’s global equity benchmark is hovering close to Monday’s seven-week high and is on track for the best month…
Stocks Run out of Steam on Regulation Worries, Higher Yields
Asian Stocks Fall After Australia Inflation Accelerates
BEIJING—Asian stock markets fell Wednesday after Australian inflation increased, highlighting global pressure for prices to rise, while investors looked ahead to U.S. economic growth data due out this week. Shanghai, Tokyo, and Hong Kong all retreated. Wall Street’s S&P 500 index rose 0.2 percent on Tuesday to its second high in two days, driven by…
‘We Have a Communist Takeover’: Thousands of NYC Firemen and Police Officers Defy Vaccine Mandates in Largest Protest Yet
New York City Mayor Bill de Blasio’s mandate last week for all city workers to get COVID-19 vaccines gave rise to even more protesters standing up against what they see as a violation of freedom of choice and a communist takeover of the country. The Epoch Times was there to interview some of the NYPD officers…
Storm Drenches Northeast, the First of Two Expected Before Halloween
NEW YORK—Heavy rains soaked the densely populated U.S. Northeast on Tuesday in the first of two storms expected before Halloween weekend, flooding roadways, triggering traffic accidents, and threatening dangerous winds and storm surges. Drenching overnight rains from Washington to New York City remained strong throughout the morning, and commuters in New Jersey reported vehicle crashes…
S&P, Dow Futures Hit Record Highs as Investors Eye Tech Earnings
The S&P 500 and Dow futures hit record highs on Tuesday as Facebook rose after its quarterly results and a share buyback plan, turning the spotlight on its technology peers set to report later in the day. Facebook Inc. rose 2.5 percent in premarket trading even as the social media giant warned that Apple Inc.’s…
Stocks Across the World Buoyant on Upbeat Earnings
LONDON/HONG KONG—Shares made slim gains around the world on Tuesday, with upbeat corporate earnings buoying European shares and outweighing recurring worries about China’s property sector. The broad Euro STOXX 600 hit its highest in seven weeks, adding 0.5 percent, with German stocks gaining 0.9 percent. After a stellar quarter for U.S. and British banks, Switzerland’s…
New York City Employees Protest Vaccine Mandate As Deadline Looms
New York City municipal workers protested in the thousands on Monday against a looming vaccine mandate as the deadline looms for about 160,500 city employees, including for first responders, to get a first dose of the COVID-19 jab. The expanded mandate means a total of more than 300,000 city employees will be hit with vaccine mandates…
NYC Rally Against Vaccine Mandate; ‘Kyrie Irving Is a Hero!’: Protesters Back Irving’s Stand Against Mandates
“You’re not a hero if you’ve got a multimillion-dollar deal from Nike. You’re a hero when you stand up against the majority for what’s right, and that’s exactly what Kyrie is doing,” said NYC Council candidate Mark Szuszkiewicz, who was among the hundreds who rallied on Oct. 24 in support of Brooklyn Nets basketballer Kyrie…
NYPD’s Largest Police Union Sues Mayor Over COVID-19 Vaccine Mandate
The largest New York City Police Department union on Monday filed a lawsuit to block a citywide COVID-19 vaccine mandate that’s slated to go into effect by the end of this month. The Police Benevolent Association union sued over Mayor Bill de Blasio’s COVID-19 vaccine mandate, which goes into effect for all police officers and other city…
Tesla, PayPal Lift S&P 500 and Nasdaq Ahead of Big Tech Earnings
U.S. stock indexes edged higher in choppy trade on Monday, led by gains in Tesla and PayPal shares, while investors geared up for earnings reports from heavyweight technology companies this week that could provide direction to the markets. Tesla Inc. rose 4.5 percent to a record high after car rental firm Hertz placed an order…
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