By Lewis Krauskopf, Shreyashi Sanyal and Devik Jain Oct 7 (Reuters) – Wall Street’s main indexes jumped on Thursday in a broad-based rally led by heavyweight technology shares, after a truce in the debt-ceiling standoff in the U.S.Congress relieved concerns of a possible government debt default this month. The U.S. Senate took a step toward…
By Medha Singh and Lewis Krauskopf July 26 (Reuters) – Shares of U.S.retailers slid on Tuesday after a forecast cut from industry bellwether Walmart Inc stoked fears of a broader slowdown in spending as high inflation raises costs for consumers. Walmart shares tumbled over 8%, while shares of Amazon and Target were both down more…
By Medha Singh and Arjun Panchadar Oct 3 (Reuters) – Wall Street’s main indexes rose in volatile trading on Thursday as U.S.services sector activity slowed to a three-year low, fueling hopes of further easing in monetary policy by the Federal Reserve to stem a wider economic downturn. Technology stocks Apple Inc and Microsoft Corp were…