By Noel Randewich and Ankika Biswas (Reuters) -The S&P 500 climbed to a record high close on Tuesday as investors digested a mixed bag of early quarterly results and awaited a slew of additional reports from Tesla and other companies later this week. It was the third straight all-time high for the benchmark stock index,…
By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) -The dollar climbed to six-week peaks against a basket of currencies on Tuesday, as investors resumed buying the greenback after a brief respite, on continued expectations the Federal Reserve would be in no rush to cut interest rates given a still stable U.S. economy. The dollar index rose to…
(Reuters) -Bitcoin fell to a seven-week low on Monday, hovering below $40,000 for the first time since the launch of 11 spot bitcoin exchange-traded funds on Jan. 11. The world’s largest cryptocurrency was last down 3.98% at $39,938.00, trading at its lowest since Dec. 4 after a brief recovery. Ether, the second largest cryptocurrency, was…
By Caroline Valetkevitch NEW YORK (Reuters) – The S&P 500 posted a second straight record high close on Monday as tech stocks added to recent gains and investors awaited upcoming corporate reports for clues on this year’s profit outlook. Friday’s finish confirmed that the S&P 500 has been in a bull market since it closed…
By Chris Prentice and Hannah Lang WASHINGTON (Reuters) -The U.S. Securities and Exchange Commission (SEC) on Monday defended its authority to oversee certain cryptocurrency assets in court, as Binance urged a federal judge to dismiss the regulator’s case against the world’s largest crypto exchange. Monday’s hearing over Binance’s request marked the second closely-watched courtroom battle…
By Noel Randewich (Reuters) – Shares of Digital World Acquisition, the blank check firm set to take former U.S. President Donald Trump’s social media platform public, soared to their highest in 19 months on Monday after Florida Governor Ron DeSantis ended his 2024 presidential bid. The stock jumped 55% to $41, its highest since June…
(Reuters) -SolarEdge Technologies said on Sunday it would lay off about 16% of its global workforce in an attempt to reduce operating costs. The job cuts, which would affect roughly 900 employees, came after SolarEdge discontinued manufacturing in Mexico, reduced capacity in China, and terminated light commercial vehicle e-mobility activity. Costs related to these actions…
By Gram Slattery, James Oliphant and Nathan Layne SEABROOK, New Hampshire (Reuters) -Florida Governor Ron DeSantis ended his fading presidential campaign on Sunday and endorsed Donald Trump just two days before the pivotal New Hampshire primary, leaving former U.N. Ambassador Nikki Haley as Trump’s last long-shot challenger for the Republican nomination. DeSantis’ decision, less than…
By Nidal al-Mughrabi and Ibraheem Abu Mustafa DOHA/GAZA (Reuters) -Israeli attacks and street battles raged across the Gaza Strip on Sunday as Palestinian health officials said the death toll from Israeli strikes since war broke out in October had passed 25,000. Gaza’s health ministry said 178 Palestinians had been killed in the past 24 hours,…
By Phil Stewart and Timour Azhari WASHINGTON/BAGHDAD (Reuters) -Missile attacks in Syria, Lebanon, Iraq and Yemen on Saturday threw into sharp focus the increasing risk of the war in Gaza triggering a wider regional conflict pitting Iran and its allies against Israel and the United States. Iran said five of its Revolutionary Guards were killed…
