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The Dow jumped 700 points and the Nasdaq gained more than 2% as investors cheered encouraging inflation data and a strong start to earnings season.
In stock markets abroad, London’s FTSE 100 slipped 0.1%, but other big European indexes rose modestly. In Asia, Hong Kong’s Hang Seng jumped 2.8%, and South Korea’s Kospi rose 1.1%. AP ...
LONDON (Reuters) - Markets that began the year with investors expecting a global stock rally to fizzle, swift U.S. interest rate cuts to boost Treasuries and soften the dollar and emerging market ...
Reuters Group was best known for the Reuters news agency, which was the original business of the company. By the time of its acquisition by Thomson, the bulk of Reuters Group's revenues came from the provision of financial market data, with news reporting comprising less than 10% of its revenue. [1]
Minutes from the U.S. Federal Reserve's January meeting, where it held interest rates unchanged at 4.25% to 4.5%, are due on Wednesday. When the U.S. markets were closed for the Presidents' Day ...
The company was founded in 1851 by Paul Julius Reuter in London as a business transmitting stock market quotations. [10] Reuter set up his "Submarine Telegraph" office in October 1851 and negotiated a contract with the London Stock Exchange to provide stock prices from the continental exchanges in return for access to London prices, which he then supplied to stockbrokers in Paris. [10]
Reuters was floated as a public company in 1984, [18] when Reuters Trust was listed on stock exchanges [13] including the London Stock Exchange (LSE) and NASDAQ. [11] Reuters later published the first story of the Berlin Wall being breached in 1989. [18] Reuters was the dominant news service on the Internet in the 1990s.
US stocks dropped as investors rushed toward safe-haven assets. Gold rose and yields fell after Vladimir Putin lowered the threshold for using nuclear weapons.