S&P 500 Hits Intraday Record of 5000
A drumbeat of earnings reports drives moves in individual stocks.
RBA Governor Says Board Hasn't Ruled Out, or Ruled In, Another Rate Hike
"An inflation rate with a four in front of it is not good enough and still some way from the midpoint of our target," she said.
ANZ Sees RBNZ Raising Rate in February and April
The job of the Reserve Bank of New Zealand to tame inflation seems far from over, with ANZ forecasting two interest rate increases by April.
Bank of Mexico Holds Interest Rate Steady for Seventh Straight Time
The Bank of Mexico stayed on hold for a seventh consecutive time Thursday, while signaling it will consider interest-rate cuts at its following meetings.
Dutch Pension Fund Sells Major Oil Stakes in $3 Billion Energy Divestment
PFZW says it sold its shares in Shell, BP and TotalEnergies as the companies have made 'insufficient steps' in the transition to cleaner fuel.
South Korea Could Be the Next Hot Stock Market
Few want to own stocks in a country that has been as unfriendly to shareholders as South Korea has been. The government is trying to change that by using Japan's playbook.
Inflation Casts a Long Shadow Over Elections
In both the U.S. and the U.K., voters are irked by high prices, even though the rate of increases has slowed. What it means for Biden and Sunak.
Big Oil's Got a New Buzzword
Oil companies want to signal they will still make money from fossil fuels, while taking a flexible approach to the energy transition.
Cease-Fire Emerges as Key to Israeli-Saudi Normalization
Antony Blinken's trip to region comes amid stalled hostage talks with Hamas.
U.S. Airstrike Increases Calls in Iraq to Expel Coalition Forces
Washington and Baghdad face a dilemma over how to deal with Iranian-backed militias that fight Islamic State, but also target Americans.
(END) Dow Jones Newswires
02-08-24 2115ET
