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Stock market live updates: Dow drops 400 points, tech rally loses steam, oil prices fall The U.S. market continued its volatile week on Thursday as the tech sector gave up some of its rebound from the previous session. The major market indexes began the day in positive territory, but slides for major stocks like Apple dragged them into the red.
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Switch Announces Pricing of $600 Million Offering of Senior Notes LAS VEGAS, Sept. 10, 2020 /PRNewswire/ -- Switch, Inc. (NYSE: SWCH) ("Switch") today announced that its subsidiary Switch, Ltd. (the "Issuer") priced its private offering of $600 million in aggregate principal amount of its 3.75% senior unsecured notes due ...
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ECB keeps policy unchanged; to take aim at strong euro FRANKFURT (Reuters) - The European Central Bank left policy unchanged on Thursday but with the economic recovery losing momentum and a strong euro dampening inflation expectations, ECB President Christine Lagarde is expected to set the stage for ...
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ECB to take aim at strong euro with hints of more stimulus FRANKFURT (Reuters) - The European Central Bank is all but certain to keep policy unchanged on Thursday but with the economic recovery losing momentum and a strong euro dampening already-anaemic inflation expectations, it may set the stage for ...
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ECB Leaves Policy Mix Unchanged as It Monitors Covid-19's Impact on Economy FRANKFURT—The European Central Bank left its large monetary stimulus unchanged Thursday, as policy makers wait to see how a resurgence in Covid-19 cases across the continent and a jump in the value of the euro might affect the region's economy.
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FOREX-Euro advances after ECB's Lagarde says exchange rate not being targeted ... * ECB's Lagarde more hawkish than expected -analyst * Euro rises to one-week high vs dollar * ECB lifts growth forecast * U.S. jobless claims worse than expected; dollar slips * Graphic: World FX rates in 2020 tmsnrt.rs/2RBWI5E (Adds comment, updates ...
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Fed's new policy shift to have no major impact, say economists: Reuters poll BENGALURU (Reuters) - The U.S. Federal Reserve's latest policy shift will not have any significant impact on the economy, according to a majority of economists in a Reuters poll who do not expect the central bank to meet its dual mandate until 2023 at least.
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Unemployment Claims Show Little Relief From Virus's Toll: Live Updates More than four months after Americans began emerging from the coronavirus-caused lockdown across most states, the job market remains treacherous, according to new data from the Labor Department. More than 857,000 workers filed new claims for state ...
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The Case of the LVMH Letter We are holding a DealBook Debrief call today as part of The Times's special project for the 50th anniversary of a seminal Milton Friedman essay that changed the course of capitalism. R.S.V.P. here for the call at 11 a.m. Eastern and see below for more details ...
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Citigroup's 'strategic thinker' Fraser breaks glass ceiling WASHINGTON/NEW YORK (Reuters) - Jane Fraser made history on Thursday when she became the first female global bank chief executive, a role she will take up next year when Citigroup Inc (C.N)'s current CEO Michael Corbat will step down.
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