Wall Street ended higher on Friday as investors assessed U.S. President Donald Trump’s latest remarks on China, while quarterly results from regional banks eased concerns about credit risks. Trump said his proposed 100% tariff on goods from China would not be sustainable, but blamed Beijing for the latest impasse in trade talks that began with…
NEW YORK, Sept 5 – U.S. stocks ended slightly lower on Friday as investors weighed economic worries against optimism over interest rate cuts by the Federal Reserve after data showed U.S. job growth weakened sharply in August. Bank shares were among those taking the biggest hit, with the S&P 500 bank index ending 2.4% lower….
Accenture shares fell 11% on Friday, hitting the day’s low of $273.19, notwithstanding a revenue beat for third quarter driven by growing demand for the consulting giant’s AI-driven services from enterprise customers. It reported revenue of $17.7 billion for the quarter ended May 31, compared with analysts’ average estimate of $17.30 billion, Reuters reported, citing…
NEW YORK – The S&P 500 ended a volatile session little changed on Friday as U.S. President Donald Trump slammed China before sounding upbeat about reaching a trade deal, but the benchmark index tallied its biggest monthly increase since November 2023. The Nasdaq also registered its biggest monthly percentage gain since November 2023. May was…
U.S. stocks fell on Friday, notching a weekly loss, after President Donald Trump recommended 50% tariffs on European goods, reopening a new front in global trade tensions and unleashing a fresh wave of market uncertainty. All three main Wall Street indexes pared early losses but each still ended lower and shed more than 2% for…