S&P 500 drifts near flat as earnings worries weigh
U.S. stocks were near flat on Tuesday as gains in internet shares were offset by fresh warnings from companies about the impact of the U.S.-China trade dispute on earnings.
U.S. stocks were near flat on Tuesday as gains in internet shares were offset by fresh warnings from companies about the impact of the U.S.-China trade dispute on earnings.
A gauge of stock markets around the world fell on Tuesday as trade tensions weighed on the outlook for corporate earnings and hopes dwindled over a hefty U.S. interest rate cut, while Mexico's peso tumbled after the country's finance minister resigned.
The Trump administration will exempt 110 Chinese products, from medical equipment to key capacitors, from hefty tariffs, it said on Tuesday, offering relief to some U.S. firms which have said the taxes harm their bottom lines.
Airbus confirmed on Tuesday that its deliveries rose by 28% in the first half of the year, putting it ahead of Boeing for the first time in eight years as the U.S. planemaker sees no immediate end to the grounding of its 737 MAX.
U.S. and Chinese negotiators spoke by phone on Tuesday, continuing discussions to end a trade battle between the world's two largest economies that has upended global supply chains and roiled financial markets.
Japan and South Korea raised the stakes on Tuesday in a dispute that threatens to disrupt global supplies of smartphones and chips, with South Korea denouncing Japanese reports that it had transferred a sensitive chemical to North Korea.
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International Business Machines Corp said on Tuesday it has closed its $34 billion acquisition of software company Red Hat Inc , as it looks to ramp up its cloud computing business.
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A gauge of stock markets around the world fell on Tuesday as trade tensions weighed on the outlook for corporate earnings, while Mexico's peso tumbled after the country's finance minister resigned.
Wimbledon's Centre Court is the property of the All England Club, but on Tuesday it belonged to Serena Williams.
The U.S. government will issue licenses to companies seeking to sell goods to China's Huawei where there is no threat to national security, Commerce Secretary Wilbur Ross said in a speech on Tuesday, leaving industry observers unsure about which products will pass muster.
The S&P 500 ended slightly higher on Tuesday as gains in tech-related shares offset fresh worries about the impact of the U.S.-China trade dispute on earnings.
Amazon, Facebook, Spotify, Uber and Snap are Barclays' top tech picks heading into the second quarter earnings season, the firm said Tuesday.
Now is your first chance to own shares in the latest generation of space companies.