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The Latest Breaking News from Patrick OHare

Wall Street eyes chance of divided Washington after midterms

New York (AFP) - With polls suggesting Republicans will retake at least one congressional chamber in next week's US elections, Wall Street is feeling hopeful about a likely return of a divided Washington.

Pound slides amid UK political drama, stocks soar

Pound slides amid UK political drama, stocks soar

London (AFP) - The pound fell Friday as under-fire British Prime Minister Liz Truss sacked her finance minister and made a dramatic policy U-turn, while equities rallied for a second day despite surging US inflation.

US stocks rebound after disappointing inflation data

US stocks rebound after disappointing inflation data

New York (AFP) - Wall Street stocks finished a topsy-turvy session with strong gains Thursday following disappointing inflation data, while the pound rallied and the yen hit a new multi-decade low.

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Stocks advance ahead of US rate hike

London (AFP) - Stock markets pushed higher Wednesday as traders awaited another hefty US interest rate hike from the Federal Reserve.

Stocks advance before US rate hike

London (AFP) - Stock markets pushed higher Wednesday as traders awaited another hefty US interest rate hike from the Federal Reserve.

Stocks mixed as markets weigh improving US inflation data

New York (AFP) - Global stocks finished mixed on Thursday as investors weighed whether a second straight upbeat US inflation report could speed a pivot in Federal Reserve policy away from aggressive tightening.

Stock markets rise on busy corporate earnings day

New York (AFP) - Stock markets rose on Thursday as investors digested a slew of company results and shrugged off a worse-than-expected US economic contraction.

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Oil prices slide on China fears; Twitter rises on Musk deal

Oil prices slide on China fears; Twitter rises on Musk deal

New York (AFP) - Oil prices tumbled Monday along with equities in Europe and Asia on worries over a worsening Covid-19 outbreak in China, while US stocks finished a volatile session higher as Elon Musk sealed a deal to acquire Twitter.

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