WASHINGTON (Reuters) – The U.S. Federal Reserve kept interest rates unchanged on Wednesday but downplayed weak first-quarter economic growth and emphasized the strength of the labor market, in a sign it could tighten monetary policy as early as June.
(Reuters) – Wall Street looked set to open lower on Wednesday, weighed down by Apple after the world’s most valuable company by market value reported a surprise fall in iPhone sales.
(Reuters) – Time Warner Inc , which is being bought by AT&T , reported a 17.3 percent rise in profit, helped by the success of its releases “Kong: Skull Island” and “The Lego Batman Movie” in the first quarter.
SINGAPORE (Reuters) – Asian stocks were mixed on Wednesday, moderating after earlier strong gains on positive global earnings and manufacturing data, while expectations that the U.S. Federal Reserve will signal a June rate increase later in the session lifted the dollar.
(Reuters) – Apple Inc reported a surprise fall in iPhone sales for its second quarter on Tuesday, indicating that customers may have held back purchases in anticipation of the 10th-anniversary edition of the company’s most important product later this year.
(Reuters) – U.S. stocks opened flat on Monday, the first trading day of the second quarter, with investors awaiting President Donald Trump’s first meeting with Chinese President Xi Jinping later this week.
TOKYO (Reuters) – Asian shares started the week on a steady footing on Monday after a bumper quarter as investors look to the shape of U.S. trade and economic policies and how they could affect global growth.
NEW YORK (Reuters) – Forget the jobs report. The most interesting bit of U.S. economic data next week is Monday’s auto sales release, which will offer a measure of the middle-class consumer and a sector of the stock market that has had a rough ride so far in 2017.
FILE PHOTO: A street sign for Wall Street is seen outside the New York Stock Exchange (NYSE) in Manhattan, New York City, U.S. December 28, 2016. REUTERS/Andrew Kelly/File Photo
Traders work on the floor of the New York Stock Exchange (NYSE) in New York, U.S., March 8, 2017. REUTERS/Brendan McDermid