Edition:
United States

Business

Photo

Wall St. hits record highs on strong technology, health stocks

NEW YORK U.S. stocks rose on Monday, with the S&P; 500 and the Dow hitting record highs with growth sectors such as technology in favor again as investors appeared to regain confidence in the economy after upbeat comments from Federal Reserve officials.

Recent Business News

As inflation misses goal, Fed's Evans calls for gradual rate hikes

NEW YORK With inflation stubbornly soft despite a 16-year low in the U.S. unemployment rate, the Federal Reserve should move only slowly to raise interest rates and trim its massive bond portfolio, Chicago Fed President Charles Evans said Monday.

7:29pm EDT

Blue Apron launches IPO roadshow under shadow of Amazon's Whole Foods deal

Blue Apron Holdings Inc began marketing an initial public offering (IPO) on Monday, as an already competitive meal-kit industry faces a potential threat from Amazon.com Inc's plan to buy Whole Foods Market Inc. | Video

Deals, Tech 7:31pm EDT

Judge wants more details on ex-drug executive Shkreli's finances

Former drug company executive Martin Shkreli should reveal more about his finances if he wants his $5 million bail cut to $2 million, a Brooklyn federal judge said Monday, a week before Shkreli is set to face trial on securities fraud charges.

U.S., Campaign Finance 4:05pm EDT

Japan business mood up, points to better BOJ tankan - Reuters Tankan

TOKYO Confidence among Japanese manufacturers bounced in June to match a decade-high level recorded in April and is expected to rise for several months, a Reuters survey found, providing more evidence of economic recovery.

7:06pm EDT

BlackRock takes Scalable Capital stake in Europe 'robo-advisor' push

LONDON/NEW YORK BlackRock , the world's biggest asset manager, made its first push into Europe's "robo-advice" market on Tuesday after taking a stake in Anglo-German digital investment manager Scalable Capital.

7:12pm EDT

More From Around the Web

Markets

  • U.S.
  • Europe
  • Asia
  • Sectors

Sector Summary