U.S. stocks higher at close of trade; Dow Jones Industrial Average up 1.24%
Investing.com – U.S. stocks were higher after the close on Tuesday, as gains in the Industrials, Healthcare and Utilities sectors led shares higher. At the close in NYSE, the Dow Jones Industrial Average added 1.24% to hit a new 1-month high,
Morning Bid: Whipsawed dollar and fog of uncertainty? Get used to it
By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets. Day two of the second Donald Trump administration, and exchange rates are in the global market crosshairs as investors nervously try to figure out how to trade the
Capital One’s fourth-quarter profit jumps on interest income boost
(Reuters) – Capital One Financial (NYSE:COF) reported a 60% rise in fourth-quarter profit on Tuesday, as a higher income from interests helped the consumer lender. Consumer spending has remained strong on hopes of a soft landing for the economy
BofA now expects Bank of Canada to cut 25bp in January amid falling inflation, tariffs risk
Canada’s Consumer Price Index (CPI) in December came in at 1.8% year-over-year (yoy), lower than the expected 1.9%, and a decrease from the previous month’s 1.9%. According to Bank of America, the drop was attributed in part to the GST/HST
Trump sees ‘great promise’ in UN, says his pick for ambassador
By Michelle Nichols UNITED NATIONS (Reuters) – U.S. President Donald Trump “sees great promise in the United Nations if it focuses on its founding mission of international peace and security,” his nominee to be ambassador told the U.S. Senate Foreign Relations