U.S. stock futures edged lower Friday as some investors grew concerned that President-elect Joe Biden’s $1.9 trillion Covid-19 relief plan could lead to higher taxes. Futures tied to the S&P 500 fell 0.3%, indicating the benchmark index may decline for a second day. Contracts tied...
commodity
NYSE Reverses Course Again, Will Delist Three Chinese Telecom Stocks
The New York Stock Exchange will move forward with delisting three Chinese telecommunications companies targeted by an executive order from President Trump, reversing course yet again after the NYSE said earlier this week that it wouldn’t delist them. The NYSE said its latest action came...
NYSE Scraps Plans to Delist Chinese Telecom Stocks
A China Mobile store in Hong Kong. Photo: Roy Liu/Bloomberg News The New York Stock Exchange reversed its decision to delist China’s three largest telecommunications companies, after consulting with regulatory authorities about a recent U.S. investment ban. In a statement released late Monday in New...
Japanese Stocks Are Soaring. What’s Behind the Surge.
Text size A pedestrian looks at an electronic stock board displaying the Nikkei 225 Stock in Tokyo. Kiyoshi Ota/Bloomberg Japanese stocks hit their highest levels in 31 years on Tuesday. Sure, global markets are in a good mood as investors continue to be bullish about...