wall street

Home Depot roars back in the second quarter

ATLANTA/ August 15, 2018 (STL.News)— Home Depot handily beat expectations during the second quarter, bouncing back from a slow start to the year when terrible weather cooled construction projects. The world’s biggest home improvement retailer boosted its full-year profit and revenue forecasts Tuesday. Higher mortgage rates combined with steadily rising real estate prices have dampened … Continue reading Home Depot roars back in the second quarter

NEW YORK | Actress Sean Young wanted for questioning in burglary

NEW YORK — Police say actress Sean Young is wanted for questioning after she was caught on surveillance video stealing laptops and video production software from a store in New York City. Police say employees at a store in Queens reported a burglary Thursday. They say surveillance video showed Young and a male companion breaking … Continue reading NEW YORK | Actress Sean Young wanted for questioning in burglary

SEOUL, South Korea | Global stocks mixed; Chinese markets rally

SEOUL, South Korea— Global stock markets were mixed Thursday with European stocks trading lower after Chinese markets finished with sharp gains. Traders focused on the latest developments in the trade dispute between the United States and China, as oil prices resumed their decline. KEEPING SCORE: Britain’s FTSE 100 fell 0.6 percent in early trading to … Continue reading SEOUL, South Korea | Global stocks mixed; Chinese markets rally

NEW YORK | Snap 2Q results beat estimates but user base declines

NEW YORK— Snapchat’s daily user base declined in its latest quarter for the first time. Still, its parent, Snap Inc., reported a smaller loss than Wall Street had been expecting. Separately, billionaire Saudi Prince Alwaleed bin Talal said in a news release and on Twitter that he has acquired a 2.3 percent stake in the … Continue reading NEW YORK | Snap 2Q results beat estimates but user base declines

NEW YORK | The Latest: Musk says going private would free Tesla

NEW YORK  — The Latest on Tesla CEO Elon Musk proposing to take the electric car private at $420 per share (all times local): 3:45 p.m. Tesla CEO Elon Musk is laying out his rational for possibly taking the company private, saying the move would free the electric car maker to focus on long-term goals, … Continue reading NEW YORK | The Latest: Musk says going private would free Tesla

BANGKOK | Asian markets flat after Apple value surpasses $1 trillion

BANGKOK — Asian shares were flat Friday in mixed trading ahead of the U.S. jobs report later in the day. There appeared to be scant carry-over Friday from overnight gains on Wall Street as Apple reached $1 trillion in value. KEEPING SCORE: Japan’s Nikkei 225 was flat at 22,510.38 and the Shanghai Composite index added … Continue reading BANGKOK | Asian markets flat after Apple value surpasses $1 trillion

BANGKOK | Global markets extend losses on China-US trade jitters

BANGKOK — World shares slipped Thursday, tracking losses overnight on Wall Street, where investors sold industrial stocks following reports that the Trump administration is considering a higher tax rate on Chinese imports. KEEPING SCORE: Germany’s DAX fell 1 percent to 12,604.39 and the CAC 40 in France lost 0.3 percent to 5,483.38. Britain’s FTSE 100 … Continue reading BANGKOK | Global markets extend losses on China-US trade jitters

BANGKOK | Asian markets extend losses on China-US trade jitters

BANGKOK  — Share benchmarks in Asia are sliding, tracking losses overnight on Wall Street, where investors sold industrial stocks following reports that the Trump administration is considering a higher tax rate on Chinese imports. KEEPING SCORE: Japan’s Nikkei 225 index sank 0.7 percent to 22,596.31 while the Shanghai Composite index lost 2.5 percent to 2,755.22. … Continue reading BANGKOK | Asian markets extend losses on China-US trade jitters