From the left: French far-right Rassemblement National party President Jordan Bardella, France’s Prime Minister Gabriel Attal and French MP of left wing party La France Insoumise Manuel Bompard, prior to a political debate broadcasted on French TV channel TF1 on June 25, 2024. Dimitar Dilkoff | Afp | Getty Images French stocks staged a relief … Read more
LONDON — European stocks turned mixed Friday afternoon, as investors digested key inflation data from the euro zone. The pan-European Stoxx 600 was flst at 0.01% by 12:40 a.m. London time, with the majority of sectors and major bourses trading in the green. Oil and gas stocks rose 0.85%, while household goods dipped 0.84%. French … Read more
Poster of Christophe Versini for the Rassemblement National (National Rally) party, with Marine Le Pen and Jordan Bardella on it, on June 24, 2024. Magali Cohen | Afp | Getty Images The sell-off in French stocks and government bonds after President Emmanuel Macron called a shock parliamentary election may have eased — but investors remain … Read more
U.S. President Joe Biden delivers remarks alongside Treasury Secretary Janet Yellen and Commerce Secretary Gina Raimondo during a Cabinet Meeting at the White House on June 06, 2023 in Washington, DC. Kevin Dietsch | Getty Images President Joe Biden’s Cabinet will wrap up a barnstorming tour Thursday after two weeks on the road, touting the … Read more
Cars sit on a Chevrolet dealership’s lot on June 20, 2024 in Chicago, Illinois. A cyber attack on CDK Global, a software provider that helps dealerships manage sales and service, has crippled the workflow at approximately 15,000 dealerships across the United States and Canada. Scott Olson | Getty Images DETROIT – U.S. auto sales through … Read more
Home prices set another record high in April, even as mortgage rates rose and the supply of homes for sale increased. Usually, under those circumstances, prices would weaken, but today’s housing market is unlike any other in recent history. Prices in April rose 6.3% compared with April 2023, according to the S&P CoreLogic Case-Shiller National … Read more
LONDON — European stocks are expected to start the new trading week in mixed territory. The U.K.’s FTSE index is seen opening 23 points lower at 8,213, Germany’s DAX down 17 points at 18,160, France’s CAC 40 down 32 points at 7,602 and Italy’s FTSE MIB 69 points higher at 33,511, according to IG. European markets … Read more
Wall Street advanced during this holiday-shortened trading week, with the S & P 500 and Nasdaq both reaching new all-time highs in the first half of the week before pulling back some. The S & P 500 and Nasdaq were able to finish the week slightly higher. The Dow , which had recently come off … Read more
U.S. Treasury bond yields fell on Tuesday after a cool reading for May retail sales raised concerns about the strength of the economy. The 10-year Treasury yield was more than 6 basis points lower at 4.215%. The 2-year Treasury note yield was down more than 5 basis points at 4.708%. Yields and prices move in … Read more
A stock trader looks at his monitors in the trading room of the Frankfurt Stock Exchange. Worries about a new coronavirus mutation in southern Africa have dealt a major blow to the German stock market. Arne Dedert | Picture Alliance | Getty Images LONDON — European stocks opened higher Tuesday after a mixed start to … Read more
