S&P 500, Dow slip with investor focus on Middle East, but chipmakers climb
The S&P 500 and Dow declined on Tuesday as investor uncertainty persisted amid the U.S.-Iran standoff, while energy shares fell as oil prices gave up recent gains.
The S&P 500 and Dow declined on Tuesday as investor uncertainty persisted amid the U.S.-Iran standoff, while energy shares fell as oil prices gave up recent gains.
Oil prices fell almost 1% on Tuesday, surrendering some recent gains as investors reconsidered the likelihood of immediate supply disruptions in the Middle East after the United States killed a top Iranian military commander last week.
Boeing Co said on Tuesday it was recommending that airline pilots undergo simulator training before they resume flying the 737 MAX, a shift from its previous position that pilots only needed computer-based training on new software following two fatal crashes.
Wall Street's major indexes declined on Tuesday as investor caution persisted amid the U.S.-Iran standoff, and energy shares fell as oil prices gave back some recent gains.
Starbucks Corp on Tuesday added an oat milk beverage to its menu, as the coffee chain taps into the growing demand for vegan alternatives to dairy.
Impossible Foods is no longer trying to win a coveted deal to supply McDonald's Corp with plant-based burgers, telling Reuters it cannot produce enough of its imitation meat to partner with the world's No. 1 fast-food chain.
The wife of former Nissan boss Carols Ghosn on Tuesday said a Japanese arrest warrant against her was to avenge her husband's escape from Japan's judiciary and described the act as petty.
United Airlines Holdings Inc said on Tuesday it expects a non-cash impairment charge of $90 million in the fourth quarter related to its Hong Kong routes, following anti-government protests in the city.
Boeing Co said on Tuesday it was recommending that airline pilots undergo simulator training before they resume flying the 737 MAX, a shift from its previous position that pilots only needed computer-based training.
Nissan Motor Co Ltd's claim that it conducted "a robust, thorough internal investigation" into its former chief, Carlos Ghosn, is a "gross perversion of the truth," his legal defense team said in a statement on Tuesday.
Oil rose sharply, with U.S. crude rising nearly $3, on Wednesday after the U.S. said its forces in Iraq were attacked by Iranian ballistic missiles, raising the prospect of a regional conflagration that could cut oil supplies.
The chair of the U.S. House of Representatives antitrust subcommittee pressed top regulators on Tuesday over merger decisions, including the Justice Department's approval of T-Mobile US Inc's proposed purchase of Sprint Corp .
Samsung Electronics Co Ltd on Wednesday flagged a smaller-than-expected fall in quarterly operating profit, indicating that memory chip prices bottomed out quicker than analysts had anticipated, strengthening hopes of a recovery.
Wall Street's major indexes declined on Tuesday as investor caution persisted amid a dispute between the United States and Iran, while energy shares fell as oil prices gave back some recent gains.
The U.S. Federal Aviation Administration (FAA) said it was closely monitoring events in the Middle East and coordinating with U.S. airlines and foreign authorities about aviation safety after Iran launched a missile attack on U.S.-led forces in Iraq.