Author: Investing.com

© Reuters. Investing.com – Stocks slumped Tuesday on word an impeachment inquiry will be started against President Trump as well as on Trump’s angry rhetoric over both China and Iran. The was off 0.84% and finished below 3,000 for a third straight day. The fell 0.5%. The dropped 1.46%, with small caps taking a big hit. Tesla (NASDAQ:) and Netflix (NASDAQ:) were big losers. The market was mostly buffeted by political news all day and the climax came on news House Speaker Nancy Pelosi was going to announce a formal…

© Reuters. Investing.com – Sterling tumbled on Friday after Ireland warned that a deal is not nearly as close as some might believe. Irish Foreign Minister Simon Coveney said there was still “a wide gap” between the U.K. and EU reaching any type of Brexit deal. The pound stumbled 0.4% to 1.2476 as of 10:27 AM ET (14:27 GMT), while slipped 0.3% to 1.1009. Sterling had neared its longest run of weekly increases since January on earlier reports from Sky News that European Commission President Jean-Claude Juncker thinks a deal…

© Reuters. Investing.com – A strong opening stock rally Thursday faded in the afternoon in part because of worries about the upcoming U.S.-China trade talks. The concern was prompted when Michael Pillsbury, a prominent adviser to President Donald Trump, told the South China Morning Post that Trump on Chinese imports unless a trade agreement can be quickly negotiated. Formal talks between the United States and China are supposed to resume in October. The finished flat on the day. It had been up as much as 0.5%. The were down 0.2%…

© Reuters. Saudi Arabia stocks higher at close of trade; Tadawul All Share up 0.65% Investing.com – Saudi Arabia stocks were higher after the close on Wednesday, as gains in the , and sectors led shares higher. At the close in Saudi Arabia, the added 0.65%. The best performers of the session on the were Saudi Chemical Company (SE:), which rose 7.81% or 1.91 points to trade at 26.40 at the close. Meanwhile, Al Sorayai Trading&Industrial Group (SE:) added 5.26% or 1.85 points to end at 37.05 and Saudi Real…

© Reuters. Investing.com – Stocks finished the day little changed, but that might be good news. The market’s performance suggested some confidence. The finished down 0.07%. The was up 0.14% for its eighth-straight gain. The was off 0.22%, with the Index down 0.31%. And losses trimmed by the close. Meanwhile, September is proving a good month for stocks overall, potentially the best September since 2010. The S&P 500 is up 2.77%, with the Dow up 3.1% and the Nasdaq 2.69%. With the close, the averages were near all-time highs. The…