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Update: US Equity Indexes Rise as Washington Aims to Prevent Iran From Gaining Control of Hormuz
Update: US Equity Indexes Rise as Washington Aims to Prevent Iran From Gaining Control of Hormuz
Jul 9, 2026
01:22 PM EDT, 07/09/2026 (MT Newswires) -- (Updates with index/price moves, macroeconomic data and company/geopolitical news from the first paragraph.) US equity indexes rose amid gains in technology and as crude oil fell in the aftermath of Washington degrading Iran's capability to attack commercial ships transiting the Strait of Hormuz. The Nasdaq Composite advanced 0.9% to 26,109.6, the S&P 500...
Top Midday Gainers
Top Midday Gainers
Jul 9, 2026
01:59 PM EDT, 07/09/2026 (MT Newswires) -- Micron Technology ( MU ) shares jumped nearly 8% after the firm said Thursday it plans to invest up to $3 billion in the US semiconductor supply chain. Intraday trading volume stood at around 26.5 million versus a daily average of about 51.5 million. Forte Biosciences ( FBRX ) reported positive results from...
Sector Update: Consumer Stocks Mixed Thursday Afternoon
Sector Update: Consumer Stocks Mixed Thursday Afternoon
Jul 9, 2026
01:42 PM EDT, 07/09/2026 (MT Newswires) -- Consumer stocks were mixed Thursday afternoon, with the State Street Consumer Staples Select Sector SPDR ETF (XLP) falling 1.1% and the State Street Consumer Discretionary Select Sector SPDR ETF (XLY) increasing 0.8%. In corporate news, Paramount's (PSKY) $110 billion acquisition of Warner Bros. Discovery (WBD) may face lawsuits from US states to block...
Exchange-Traded Funds Higher as US Equities Rise After Midday
Exchange-Traded Funds Higher as US Equities Rise After Midday
Jul 9, 2026
01:18 PM EDT, 07/09/2026 (MT Newswires) -- Broad Market Indicators Broad-market exchange-traded funds IWM and IVV rise. Actively traded Invesco QQQ Trust (QQQ) added 1.5%. US equity indexes were higher after midday Thursday, with technology sector rising and crude oil prices lower amid worries over renewed US-Iran tensions. Energy IShares US Energy ETF (IYE) and the State Street Energy Select...
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Deals of the day-Mergers and acquisitions
Deals of the day-Mergers and acquisitions
Mar 28, 2025
March 28 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 0930 GMT on Friday: ** U.S.-based private equity firm KKR and Japanese state-backed fund Japan Investment Corp (JIC) will acquire medical gear maker Topcon ( TOPCF ) in a tender offer buyout worth 348 billion yen ($2.31 billion), KKR said. ** British retailer WH Smith (...
After years of survival, China's Huawei returns to revenue peak
After years of survival, China's Huawei returns to revenue peak
Mar 27, 2025
SHENZHEN, China (Reuters) - China's Huawei is expected to claim triumph over U.S. sanctions at its upcoming annual results, bolstered by its software push, progress in chips and booming smart-driving technology business that has helped it move out of survival mode. The company is set to confirm that it took 860 billion yuan ($118 billion) in revenues last year, just...
After years of survival, China's Huawei returns to revenue peak
After years of survival, China's Huawei returns to revenue peak
Mar 27, 2025
SHENZHEN, China, March 28 (Reuters) - China's Huawei is expected to claim triumph over U.S. sanctions at its upcoming annual results, bolstered by its software push, progress in chips and booming smart-driving technology business that has helped it move out of survival mode. The company is set to confirm that it took 860 billion yuan ($118 billion) in revenues last...
Analysis-Deal slump hits US high-grade bond supply, pressures spreads
Analysis-Deal slump hits US high-grade bond supply, pressures spreads
Mar 28, 2025
By Shankar Ramakrishnan and Anirban Sen NEW YORK (Reuters) - The pipeline for U.S. high-grade corporate bond issuance to fund mergers has fallen to the lowest levels in five years as President Donald Trump's trade war deters deals, in what could be a boon for borrowers but a challenge for banks and investors. Wall Street had expected the Trump administration's...
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