Tuesday, 10 August 2021

Reuters Business: Dow, S&P 500 close at records as U.S. infrastructure bill clears Senate

Dow, S&P 500 close at records as U.S. infrastructure bill clears Senate

Wall Street rose on Tuesday, with both the blue-chip Dow and benchmark S&P 500 closing at record highs, as economically sensitive value stocksgained with the U.S. Senate's passage of a $1 trillion bipartisan infrastructure package.

JPMorgan launches new real-time payments service

Global payments giant JPMorgan Chase & Co (JPM.N) has launched a real-time payments option that it hopes will increase its edge in the financial industry's battle to handle more of the surging volumes of global digital payments.

Pfizer shares hit record high with COVID-19 vaccine stocks on a tear

Shares of Pfizer Inc (PFE.N) hit a record high on Tuesday for the first time in more than 20 years as shares of COVID-19 vaccine makers have surged amid rising coronavirus cases in the United States.

Dollar edges up, hits highest level in more than 4 months against euro

The U.S. dollar edged up on Tuesday, touching a more than four-month high against the euro, as investors speculated further over whether recent strong jobs data could push the Federal Reserve to soon start tapering its bond-buying program.

Dow, S&P 500 close up as U.S. infrastructure bill clears Senate

Wall Street rose on Tuesday, with the blue-chip Dow closing at a record high, as economically sensitive value stocksgained with the U.S. Senate's passage of a $1 trillion bipartisan infrastructure package.

AmEx postpones full return to office until Oct 11

American Express Co (AXP.N) has postponed a full return of employees to its offices in the United States until at least Oct. 11 due to the rapid spread of the Delta variant of the coronavirus, according to an internal memo seen by Reuters on Tuesday.

New U.S. energy security advisor to tackle Nord Stream 2 risks - State Dept

U.S. Secretary of State Antony Blinken on Tuesday appointed former diplomat Amos Hochstein as a senior advisor for energy security to work on the fallout from the Russia-backed Nord Stream 2 pipeline, among other energy issues, according to a statement.

Citigroup to require vaccines for staffers returning to main U.S. offices

Citigroup Inc (C.N) will require U.S. employees returning to its New York headquarters and offices in some cities to be vaccinated against COVID-19, the bank's head of human resources, Sara Wechter, said in a LinkedIn post on Tuesday.

Dow, S&P 500 hit records as infrastructure bill passes Senate

The blue-chip Dow and the benchmark S&P 500 rose to record highs on Tuesday, buoyed by gains in economically sensitive value stocksafter the Senate passed a $1 trillion bipartisan infrastructure package.

Intel fails to overturn $2.18 billion patent verdict

A U.S. judge has rejected Intel Corp's (INTC.O) request to set aside a jury verdict ordering the chipmaker to pay VLSI Technology LLC $2.18 billion for patent infringement.

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