By Sruthi Shankar and Nikhil Sharma (Reuters) -The S&P 500 and Nasdaq edged up to fresh record highs on Monday, as optimism over the U.S. striking trade deals with its key partners fed into a rally that put the main indexes on track for quarterly gains. The Nasdaq, S&P 500 and Dow Jones have gained 17.5%, 10.3% and 3.4% so far in the quarter, touching and then retreating from record levels ...
By Sukriti Gupta and Twesha Dikshit (Reuters) - Canada’s main stock index edged higher on Monday, on track to log its second consecutive monthly gain, while investors assessed the revival of trade talks between Washington and Ottawa. The S&P/TSX composite index was up 0.2% at 26733.42 points, set to log its fourth straight quarter in green. President Donald Trump had called off the trade ta ...
By Manya Saini (Reuters) -Wall Street’s biggest banks rose in morning trading on Monday after sailing through the U.S. Federal Reserve’s annual health check, setting the stage for billions in stock buybacks and dividends. The central bank said on Friday that 22 of the largest U.S. banks were well-positioned to withstand a future economic downturn and continue lending, with its stress test show ...
By Tanay Dhumal (Reuters) -Shares of U.S. renewable energy firms saw a mixed performance in early Monday trading after the U.S. Senate advanced President Donald Trump’s sweeping tax-and-spending bill. The final version preserved tax credits for solar leasing — an arrangement where a third-party owns and installs a solar panel system on a customer’s property for a fee to use the system and th ...