Thursday, 22 February 2018

Dow, S&P climb on energy and industrials; Nasdaq falls

Dow, S&P climb on energy and industrials; Nasdaq falls

NEW YORK (Reuters) - The Dow and S&P 500 advanced on Thursday to halt a two-session losing skid, buoyed by gains in industrial and energy shares as U.S. Treasury yields eased, while the Nasdaq lost ground for a third straight session.

HP Inc quarterly results beat estimates on higher PC sales

HP Inc , which houses the hardware business of former Hewlett-Packard Co, reported a better-than-expected revenue and profit in the first quarter as the company sold more personal computers and printers.

U.S. jobless claims near 45-year low as economic outlook brightens

WASHINGTON (Reuters) - The number of Americans filing for unemployment benefits fell to a near 45-year low last week, pointing to strong job growth in February and solid momentum in the economy.

Trump's call for more gun regulation boosts firearm stocks

SAN FRANCISCO (Reuters) - Shares of gunmakers American Outdoor Brands and Sturm Ruger & Company rallied on Thursday after U.S. President Donald Trump advocated tightening background checks for guns in response to last week's high school massacre in Florida.

Chevrolet Bolt wins top 'green car' from Consumer Reports

WASHINGTON (Reuters) - Hyundai Motor Co's Genesis brand topped the annual ranking of new vehicles by influential U.S. magazine Consumer Reports, while General Motors Co's electric Chevrolet Bolt was named top pick for compact green car.

Exclusive: As Trump trashes NAFTA, Mexico turns to Brazilian corn

CHICAGO/MEXICO CITY (Reuters) - Mexican buyers imported ten times more corn from Brazil last year amid concern that NAFTA renegotiations could disrupt their U.S. supplies, according to government data and top grains merchants.

Stymied by regulators, Airbnb looks to luxury vacations, hotels for growth

SAN FRANCISCO (Reuters) - Airbnb is rolling out new services aimed at attracting travelers looking for luxury accommodations and traditional hotels, the latest move to contend with sputtering growth in its original home-renting business.

Toys are not us: Target investors

(Reuters) - Target Corp should hold off on plans to cash in on a perceived advantage in toys after the collapse of Toys "R" Us, several of the company's investors told Reuters, worried it could eat up capital desperately needed in an Amazon-dominated retail world.

President of Tezos Swiss foundation steps down

(Reuters) - The president of a Swiss foundation that conducted a $232 million online fundraiser for the embattled Tezos cryptocurrency project has stepped down, the foundation said in a statement on Thursday.

BlackRock says will seek 'response' from gunmakers to Florida school shooting

BOSTON (Reuters) - BlackRock Inc said on Thursday it plans to speak with weapons manufacturers and distributors 'to understand their response' to last week's mass school shooting in Florida.

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