Negotiations to defuse the yearlong tariff dispute are set to continue, but the US and China remain far apart on key issues.
Major US stock indexes were mixed on Tuesday amid trade tensions that have dimmed growth expectations, including for the chemical giant BASF. Negotiations to defuse the yearlong tariff dispute are set to resume, but the two sides remain far apart on key issues. The market is also expecting a less aggressive rate cut at the end of the month after a surprisingly robust June jobs report out last week. Visit Markets Insider for more stories.
Major US stock indexes were mixed on Tuesday amid trade tensions that have dimmed growth expectations, including for the chemical giant BASF. Negotiations to defuse the yearlong tariff dispute are set to resume, but the two sides remain far apart on key issues. The market is also expecting a less aggressive rate cut at the end of the month after a surprisingly robust June jobs report out last week. Visit Markets Insider for more stories.
Singapore Latest News, Singapore Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
130 Years of History as Seen in the Pages of The Wall Street JournalAs The Wall Street Journal turns 130, excerpts from 66 news articles and 27 opinion pieces chronicle a period of dramatic change in the world
Read more »
Wall Street Chiefs’ Pay Doesn’t Sync With ReturnsWall Street companies delivered significant losses to their shareholders last year, but the pain didn’t spread to the top. The chiefs of banking and financial institutions in the S&P 500 received a median raise of 8.5% last year, compared with 5.6% for CEOs in the broader index, according to a Wall Street Journal analysis.
Read more »
Endeavor IPO Is “Not For The Faint Of Heart,” Wall Street Analyst ConcludesVeteran media analyst Todd Juenger of Bernstein has offered one of the first detailed looks at Endeavor from a Wall Street perspective ahead of its planned IPO. His conclusion: Investing in the com…
Read more »
Wall Street minnows pitch merger nirvanaPiper Jaffray’s CEO reckons a $485 mln purchase of Sandler O’Neill will double his margins, without cost cuts or new revenue. The target’s capital-lite business is one factor; the buyer’s subpar performance is another. In relative terms the tie-up’s returns will just be middling.
Read more »
PepsiCo's mini-sized sodas boost quarterly resultsPepsiCo Inc's quarterly revenue and profit beat Wall Street estimates on Tu...
Read more »
US stocks drop on lower odds for steep Fed rate cutStocks are down on Wall Street in morning trading amid growing speculation among investors that unexpectedly strong U.S. employment data may keep the Federal Reserve from aggressively cutting interest rates
Read more »