U.S. airline group sees record summer travel, despite 737 MAX grounding By Reuters

© Reuters. FILE PHOTO: Travelers go through O’Hare International Airport before the Thanksgiving Day holiday in Chicago By David Shepardson WASHINGTON (Reuters) – U.S. summer air travel will hit a new record this year despite the grounding of Boeing’s 737 MAX aircraft after two fatal crashes, a group representing major airlines said on Tuesday. Airlines for America, the trade group representing major U.S. carriers, said it expects 257.4 million passengers to travel on U.S. airlines between June 1 and Aug. 31, up 3.4 percent from last summer’s record 248.8 million…

Bohen’s Take: STT Update

It’s that time again … welcome to the latest edition of Bohen’s Take. This week, I’ll take you through an awesome trade setup that was helped along by President Donald J. Trump. I’ll share some insight on how to be a better trader straight from possibly the hardest man on the planet. You’ll also learn how to master your trading strategy without risking a cent. (Want even more? Subscribe to our SteadyTrade YouTube channel now!) Let’s dive right in! What’s the Haps I hope you’re enjoying these springtime markets. They…

Trade uncertainty darkens U.S. small caps outlook By Reuters

© Reuters. Traders work on the floor at the NYSE in New York By Sinéad Carew NEW YORK (Reuters) – Shares of smaller publicly listed U.S. companies have fallen more on recent U.S.-China trade tensions than larger corporations and could face an even rougher road as the year wears on unless the prospects for economic growth improve. Wall Street has been forecasting a return to growth for the S&P 600 index of small cap stocks in the second half of 2019, but an intensifying trade battle between the world’s two…

Saudi Arabia stocks lower at close of trade; Tadawul All Share down 1.12% By Investing.com

© Reuters. Saudi Arabia stocks lower at close of trade; Tadawul All Share down 1.12% Investing.com – Saudi Arabia stocks were lower after the close on Sunday, as losses in the , and sectors led shares lower. At the close in Saudi Arabia, the declined 1.12%. The best performers of the session on the were Saudi Arabian Amiantit Co. (SE:), which rose 9.94% or 0.53 points to trade at 5.86 at the close. Meanwhile, Al Sorayai Trading&Industrial Group (SE:) added 6.92% or 0.66 points to end at 10.20 and Anaam…

Huawei founder says growth ‘may slow, but only slightly’ after U.S. restrictions By Reuters

© Reuters. FILE PHOTO: Logo of Huawei is seen at VivaTech fair in Paris By Kanishka Singh (Reuters) – Huawei Technologies’ founder and chief executive Ren Zhengfei said on Saturday the growth of the Chinese tech giant “may slow, but only slightly” due to recent U.S. restrictions. In remarks to the Japanese press and reported https://s.nikkei.com/2VMJSaT by Asian Review, Ren reiterated that the Chinese telecom equipment maker has not violated any law. “It is expected that Huawei’s growth may slow, but only slightly,” Ren told Japanese media in his first…