European shares ended the final day of the week higher, boosted by auto stocks and the eurozone central bank’s promise to continue stimulus.
US business activity cooled in July due to the drag from the services sector, the results of two closely-followed surveys revealed.
Industrial conglomerate Honeywell beat analysts' estimates for second quarter profits and sales amid a recovering, but still challenging, global economy.
US stock market futures are pointing to a higher start at the end of the week despite mixed second quarter results from Intel and Twitter overnight.
Stock markets in Asia were mixed as they closed on Friday, with technology plays leading the losses in Greater China, as regulatory concerns reemerged from Beijing.
Semiconductor giant Intel posted better-than-expected quarterly profits overnight, but guidance for the following quarter fell short of forecasts.
BHP Group will supply Tesla with the nickel needed to produce the batteries required by its electric cars.
Wall Street trading got off to a mixed start on Thursday as market participants digested a surprise increase in weekly jobless claims.
Economists at Barclays Research think longer-term US Treasury note yields will head back higher in the back half of 2021, although they also thought that financial markets were right in judging inflationary risks to be 'transitory'.
US home sales bounced back in June following four consecutive monthly declines, however the pace was moderate as higher prices and low inventory continued to weigh on the property market.
Semiconductor outfit Texas Instruments issued revenue guidance that disappointed investors overnight on Wednesday, with concerns that the Covid-19 fuelled demand for chips would be short-lived offsetting a strong second quarter performance.
Markets in Asia closed in positive territory on Thursday, led by Hong Kong’s bourse, as BHP surged ahead in Sydney on the back of a new deal with Tesla.
Wall Street futures were pointing to another positive session for stocks as market participants continued to eye bond yields and corporate earnings.
First time unemployment claims in the US bounced back unexpectedly during the previous week, pushed higher by the annual retooling of automakers.
American Airlines Group swung to a profit in the second quarter, the US carrier revealed on Thursday, as revenues bounced back.
Policymakers at the European Central Bank will keep its interest rates at their current low level until it sees inflation returning to its new target level "well ahead" of its projection horizon and in a "durable manner".
European shares continued to rally on Wednesday as upbeat earnings reports and a strong rise in travel stocks boosted sentiment.
American communications giant Verizon beat earnings expectations for the second quarter on Wednesday, reporting adjusted earnings of $1. 37 per share.
Soft drinks maker Coca-Cola raised its full-year revenue guidance on Wednesday amid a rebound in demand thanks to a reopening US economy.
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