Market Pulse - Usa
General Motors truck and SUV sales drive record earnings
Growth at General Motors accelerated past analyst forecasts with a record first-quarter set of earnings.
US GDP growth slows more than expected in Q1 2017
Economic activity in the States slowed at the start of the year, weighed down by a slowdown in the pace of inventory accumulation, lower public spending and increased imports.
US open: Weak Q1 GDP weighs on stocks, economists sanguine
Wall Street was set to limp into the weekend following a weak reading on first quarter economic growth, although the Nasdaq Composite was climbing further into record territory on the back of positive results from the biggest of the so-called FANG stocks.
Time spins backwards on decision not to sell business
Time Inc stock reversed recent gains after the board decided not to sell the publishing business as it was being "reinvigorated" under a new strategy.
Google reports 28% profit increase boosted by ad sales
A raft of US tech giants reported their first quarter numbers on Thursday, with Google's parent company Alphabet seeing an impressive 28% rise in profits compared with the same period last year.
US close: Wall Street closes in the green as earnings season peaks
Wall Street bounced back quickly but modestly on Thursday as the peak day of the earnings season was rather mixed, with investors still getting over their disappointment over White House tax cut plans the previous day.
US open: Stocks edge higher despite doubts over Trump tax plans
Stocks managed to hold onto slight gains at the open as investors continued to mull over the White House's tax cut plans announced the night before amid a barrage of largely as expected economic data.
Orders for US durable goods edge past forecasts in April
Orders for goods made to last more than three years edged past forecasts on the back of stronger demand for military aircraft.
Analysts divided on Trump tax cut proposals
Economists were optimistic that some form of tax relief would pass Congress in 2017, despite the lack of detail in the White House's proposals announced overnight.
Trump backtracks on Nafta withdrawal vow in favour of renegotiation
US President Donald Trump has ruled out the departure of the country from the North American Free Trade Agreement, despite previously pledging to withdraw from the deal.
US close: Markets fall as investors react to Trump tax plan
US stocks were down on Wednesday as investors digested the details of President Donald Trump’s tax reform.
Twitter shares jump as traffic continues to accelerate in Q1
Twitter continued to be mired in red ink during the first quarter despite continued and accelerating growth of activity on its site, amid revenue headwinds.
WTI futures spike higher following DoE inventory data
US crude oil inventories fell sharply last week despite rising imports as product stockpiles continued to build.
Mnuchin confirms plans to slash US corporate tax rate to 15%
The White House is planning the biggest reduction in taxes ever, the US Treasury Secretary confirmed on Wednesday.
Investors hungry for McDonald's shares after first quarter earnings beat
Fast food giant McDonald's rose almost 5% on Wall Street after its first quarter earnings beat analysts' estimates on Tuesday.
Lockheed Martin reports increased F35 revenue, cuts earnings outlook
Defence contractor Lockheed Martin reported its first-quarter earnings on Tuesday ahead of the bell on Wall Street, seeing increased revenue in its aeronautical business, which includes the F35 program much maligned by President Donald Trump.
US consumer confidence slips in April
US consumer confidence slipped in April as the outlook for business conditions and employment deteriorated, according to one of the most widely-followed gauges of sentiment.
US new home sales rise at fastest pace since 2007 in March
US home sales increased last month at their fastest clip since 2007.
US close: Markets rally as Macron takes pole position
US equity markets were in the green on Monday over investor relief on centrist Emmanuel Macron winning the first round in the French presidential election and on hopes of possible tax reform.
Chicago Fed national activity index slips in March
Economic activity in the States slowed over the three months to March a widely-followed gauge revealed, as some subindices linked to the labour market cooled.