By Caroline Valetkevitch NEW YORK (Reuters) – The S&P 500 ended down slightly on Friday, with bank and financial shares mostly lower on the day following quarterly reports that kicked off ea[...]
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July 14, 2023
Investors brace for earnings from ‘Magnificent Seven’ US growth giants
By Lewis Krauskopf NEW YORK (Reuters) – A handful of massive growth and technology names that have dominated the U.S. stock market in 2023 are set to report earnings in coming weeks, potentially[...]
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Wall St holds gains after cooler inflation, mixed earnings
By Lawrence Delevingne (Reuters) -Wall Street stocks mostly held on to their previous gains on Friday, while the dollar stayed near 15-month lows, after U.S. inflation data this week unleashed a wave[...]
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Dollar gains after steep losses, but downtrend stays intact
By Gertrude Chavez-Dreyfuss and Joice Alves NEW YORK/LONDON (Reuters) – The U.S. dollar bounced on Friday after falling sharply the last few days, as investors consolidated losses ahead of the w[...]
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Oil prices fall on profit-taking, still record weekly gain
(Corrects Brent price unit in second paragraph to ‘per barrel’) By Shariq Khan BENGALURU (Reuters) – Oil prices fell more than a dollar a barrel on Friday as the dollar strengthened[...]
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US state, local governments budgeted $173 billion in COVID aid, Treasury says
By David Lawder WASHINGTON (Reuters) -Nearly half of the $350 billion in COVID-19 assistance to state, local, tribal and territorial governments was budgeted as of March 31 for uses from lost revenue[...]
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M&G’s Leaviss says U.S. Treasury yields have likely peaked
By Divya Chowdhury MUMBAI (Reuters) – U.S. treasury yields have likely peaked, with longer-dated bonds looking attractive as the Federal Reserve is near the end of its hiking cycle, M&G Inve[...]
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US IRS chief says budget cuts would reduce ability to pursue tax cheats
By David Lawder WASHINGTON (Reuters) – U.S. Internal Revenue Service Commissioner Danny Werfel said on Friday that a Republican plan to cut the agency’s annual budget would reduce its abil[...]
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EU, Mercosur see little trade deal progress at inter-region summit
BRUSSELS (Reuters) – Next week’s summit of leaders from the European Union, Latin America and the Caribbean is unlikely to unlock a proposed EU-Mercosur free trade agreement, officials fro[...]
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