Markets were somewhat mixed on Friday, with the Dow taking a dip while the Nasdaq and S&P 500 were holding positive. Although there were no economic reports Friday morning, jobless claims from Thursday were especially positive, reaching a pandemic-era low, signaling more economic recovery. 24/7 Wall St. is reviewing some big analyst calls seen on Friday. We have included the […]

Treasuries moved modestly higher during trading on Thursday, extending the upward move seen in the previous session. Bond prices fluctuated early in the session but moved to the upside over the course of the morning. As a result, the yield on the benchmark ten-year note, which moves opposite of its price, dipped by 1.5 basis points to 1.589 percent. The […]

Two of the country’s largest department store chains (Kohl’s and Macy’s) reported quarterly results before markets opened on Thursday. Both topped estimates, and both traded higher shortly after the opening bell, helping propel the S&P 500 and the Nasdaq to solid openings. Two tech stocks that reported Wednesday afternoon fared less well, with Cisco Systems missing on revenue and cutting […]

Fed Chairman Jerome Powell was seen as a shoe-in for renomination just a few short weeks ago,but now there's a chance Fed Governor Lael Brainard could take his place. Policy strategists say it's more likely Powell will retain his post, but if Brainard is chosen by President Joe Biden, the market could see her as more dovish. Market pros expect […]

One97 Communications Ltd, Paytm’s parent company, commanded a market valuation of ₹1,01,484.00 crore in late afternoon trade on the BSE Shares of One97 Communications Ltd, Paytm’s parent company, on November 18 made a weak market debut and tumbled over 27% during the day from the issue price of ₹2,150. The stock was listed at ₹1,955, slipping 9% from the issue […]

ZURICH (Reuters) – Holcim is ready to make more acquisitions to expand its fast-growing solutions and products business, the world’s largest cement maker said on Thursday, as it announced its 2025 goals.FILE PHOTO: The logo of Swiss cement maker Holcim is seen on a railway car in the village of Huentwangen near the Swiss-German border April 16, 2015. REUTERS/Arnd Wiegmann/File […]

China Evergrande has teetered on the edge of official default this year. The sale of HengTen is Evergrande's latest effort to raise capital. The deal is worth 2.13 billion Hong Kong dollars ($273.2 million) and represents about 18% of HengTen's issued shares. In this article 136-HK 3333-HK BEIJING — Indebted property developer China Evergrande is set to raise about $273 […]

FILE PHOTO: The interface of Indian payments app Paytm is seen in front of its logo displayed in this illustration picture taken July 7, 2021. REUTERS/Florence Lo/Illustration/File PhotoNEW DELHI (Reuters) – Indian digital payments company Paytm is set to make its stock market debut on Thursday, after its $2.5 billion initial public offering (IPO), India’s largest, was oversubscribed last week. […]