 | | | | World stock markets jumped on Thursday, with the U.S. benchmark S&P 500 hitting a record high, while the 10-year U.S. Treasury note yield dipped below 2% as investors digested a signal from the Federal Reserve of potential U.S. interest rate cuts as soon as its next meeting. | | | | | | The S&P 500 hit a record high on Thursday, lifted by Wall Street's expectations that the Federal Reserve will cut interest rates as soon as next month to keep the U.S.-China trade war from stalling economic growth. | | | | | | Apple Inc, Keurig Dr Pepper Inc and Dollar Tree Inc have joined other companies in their opposition to a Trump administration plan for more U.S. tariffs on Chinese goods, including iPhones, Macbooks, and single-serve coffee brewers. | | | | | | Department store operators J.C. Penney Co Inc and Macy's Inc have opposed U.S. President Donald Trump's proposal to include apparel and footwear among the Chinese goods targeted for tariffs. | | | | | | Chevron Phillips Chemical Company LP, a joint venture between Chevron Corp and Phillips 66, has offered to acquire Nova Chemicals Corp for more than $15 billion including debt, people familiar with the matter said on Thursday. | | | | | | Oil soared more than 5% on Thursday after Iran shot down a U.S. military drone, raising fears of a military confrontation between Tehran and Washington. | | | | | | Deutsche Bank AG executives expect U.S. regulators to continue to impose restrictions on its Wall Street investment bank even if it passes an annual health check, three sources familiar with the matter said. | | | | | | Kroger Co has room to improve on sales and is looking to its Deluxe Unicorn Swirl ice cream and other store-brand products to boost growth, Chief Executive Rodney McMullen said on Thursday. | | | | | | Shares of Slack Technologies Inc, the fast-growing workplace messaging and communication platform, soared nearly 60% in their public trading debut on Thursday, valuing the company at more than $25 billion. | | | | | | Slack Technologies Inc, whose instant messaging app has taken workplaces by storm, went public via a direct listing on June 20, instead of the more popular initial public offering route. | | | | | | Airbus called on Thursday for a chance to compete for a blockbuster plane order by British Airways owner IAG, which stunned industry executives at this week's Paris Airshow by ordering 200 of Boeing's grounded 737 MAX. | | | | | |
