 | | | | The S&P 500 and Nasdaq rose on Wednesday, boosted by gains in technology shares, and the three major Wall Street indexes registered their fourth straight quarterly rise as investors looked forward to details of President Joe Biden's massive infrastructure plan. | | | | | | Coca-Cola and Delta Air Lines on Wednesday joined a bid by U.S. companies to challenge the state of Georgia's new voting restrictions, with both Atlanta-based companies calling the law unacceptable. | | | | | | The dollar hit a one-year high versus the yen as technology stocks led Wall Street and a key gauge of global equities higher on Wednesday ahead of an announcement by President Joe Biden of a multitrillion-dollar plan to rebuild America's infrastructure. | | | | | | DETROIT (Reuters) -Ford Motor Co said on Wednesday, while announcing the latest North America production cuts at seven assembly plants due to the global chip shortage, that it would provide an update on April 28 to the expected hit to its 2021 profit. | | | | | | Exxon Mobil Corp expects rising first-quarter results across its three major businesses, with an at least $2 billion improvement from prices for oil and gas driving profits, the company signaled in a securities filing on Wednesday. | | | | | | Exxon Mobil expects to restore its contribution to the U.S. employee retirement savings plan this year and does not plan another major set of layoffs, Chief Executive Darren Woods told employees in a meeting this week. | | | | | | The S&P 500 reached an intra-day record high on Wednesday but stopped short of 4,000 points, as investors focused on a swift vaccine rollout and expectations of a massive U.S. infrastructure package that would fuel economic growth. | | | | | | Oil prices were down on Wednesday on concerns about the market's recovery after OPEC and its allies lowered their 2021 demand growth forecast, but a draw in U.S. crude inventories limited the fall. | | | | | | Canadian discount retailer Dollarama Inc said on Wednesday that sales regained momentum in recent weeks following an easing of pandemic-related restrictions, sending its shares up nearly 6.3% to an over three-year high. | | | | | | Microsoft Corp on Wednesday said it has won a deal to sell the U.S. Army augmented reality headsets based on its HoloLens product and backed by Azure cloud computing services. | | | | | |
