Best Day Investing – Investing and Stock News – Page 36 – Best Day Investing

Barclays recommends positioning for higher US interest rates. Here’s why

Investing.com — Investors should be positioning for interest rates in the US to be higher in the coming months, according to analysts at Barclays. In a note to clients, the analysts…

October 18, 2024

Economy

Britain’s Reeves to stress stability on first IMF trip as finance minister

By David Milliken LONDON (Reuters) – Rachel Reeves will stress a commitment to stability in her first trip as Britain’s finance minister to the International Monetary Fund’s annual meetings in…

October 18, 2024

Economy

Big Tobacco proposes nearly $24 billion payment to settle Canada lawsuits

(Reuters) -Cigarette makers Philip Morris (NYSE:PM), British American Tobacco (NYSE:BTI) and Japan Tobacco (OTC:JAPAF) will pay C$32.5 billion ($23.6 billion) to settle a long-running tobacco lawsuit in Canada, as part…

October 18, 2024

Economy

Wall Street futures rise as tech stocks gain, Netflix jumps after strong earnings

(Reuters) – Wall Street futures climbed on Friday, led by gains in those tracking the Nasdaq 100 as technology shares broadly advanced, while Netflix (NASDAQ:NFLX) surged following upbeat results. Shares…

October 18, 2024

Economy

Morning Bid: Trump trades shine, China data darkens

A look at the day ahead in U.S. and global markets by Harry Robertson From U.S. small-cap stocks to bitcoin to the dollar, some investors are seeking out assets that…

October 18, 2024

Economy

Bank of Canada most likely to cut rates by 50 bps next week

By Promit Mukherjee OTTAWA (Reuters) – The Bank of Canada is widely expected to reduce its key policy rate by 50 basis points on Wednesday, its fourth cut in a…

October 18, 2024

Economy

Exclusive-Some ECB governors wanted to drop pledge to keep policy tight, sources say

By Francesco Canepa and Balazs Koranyi FRANKFURT (Reuters) – Some European Central Bank governors at Thursday’s rate-setting meeting made the case for dropping a pledge to keep policy tight as…

October 18, 2024

Stock

Nestle stock upgraded at RBC on optimistic management comments

Investing.com — Nestlé’s (SIX:NESN) stock has been upgraded by RBC Capital Markets to “outperform” from “sector perform,” following positive comments from the company’s management, especially during the third quarter results…

October 18, 2024

Stock

Sales of Apple’s iPhone 16 in China up 20% in first 3 weeks YoY – report

Investing.com — Sales of Apple (NASDAQ:AAPL)’s latest iPhones in China have reportedly surged 20% in the first three weeks compared to last year’s model, a positive sign for the tech…

October 18, 2024

Stock

Indonesia stocks higher at close of trade; IDX Composite Index up 0.21%

Investing.com – Indonesia stocks were higher after the close on Friday, as gains in the Infrastructure, Financials and Agriculture sectors led shares higher. At the close in Jakarta, the IDX…

October 18, 2024