Market Opinion
BofA: Clients sold $3.1 billion of US equities last week; tech inflows continue. Bank of America Securities said that last week its clients were net sellers of US equities for the second consecutive week, with outflows totaling $3.1 billion.Excluding untagged flows,...
Market Opinion
Despite discounting in China, iPhones lost share in May, US weak: UBS. Despite heavy discounting during China’s “618” shopping festival, UBS analysts warned that Apple (NASDAQ: AAPL) iPhone sales continue to struggle.“iPhone...
Market Opinion
FAA to investigate Southwest flight that departed from closed runway in Maine. (Reuters) – The Federal Aviation Administration said on Friday it will investigate a Southwest Airlines (NYSE: LUV) flight that departed from a temporarily closed runway in Maine...
Market Opinion
TS Lombard analysts outline what's at stake in Trump-Biden debate. Democratic President Joe Biden will square off against Republican challenger Donald Trump in a televised debate on CNN on Thursday, in the first head-to-head encounter between the two candidates prior...
Market Opinion
Zurich Insurance buys AIG travel business in $600 million deal By John RevillZURICH (Reuters) -Zurich Insurance on Wednesday announced a $600 million deal to buy AIG (NYSE: AIG)’s global personal travel insurance and assistance business.The business will be...
Market Opinion
Source Investing.com U.S. stocks mostly edged higher Tuesday, bouncing after widespread selling in technology shares at the start of the week. At 09:45 ET (12:45 GMT), Dow Jones Industrial Average fell 60 points, or 0.2%, while S&P 500 climbed...
