Boeing (NYSE: BA) Plans Major Design Changes for 737 MAX 9 to Prevent Future Door Panel Blowout
WASHINGTON – On Tuesday, Boeing (NYSE: BA) said it plans to make design changes to prevent a future mid-air cabin […]
US Markets
Stay ahead in the financial race with ABBO News, your ultimate source for US stock market news.
Here, you’ll be able to keep up with the mood in Wall Street and in-depth analyses of the NYSE, NASDAQ, S&P 500, Dow Jones, and DJIA, as this is the place for the latest stock market news, keen insights into US stock market forecasts, and real-time tracking of US market stocks.
Morning Bid: Rollercoaster Markets, Nikkei Rebounds 10%
A look at the day ahead in U.S. and global markets. The speed and scale of Tuesday’s 10% Tokyo bounce
Morning Bid: Rollercoaster Markets, Nikkei Rebounds 10% Read More »
US Markets
Realty Income (NYSE: O) Outperforms Q2 FFO Estimates on Higher Rental Revenue
On Monday, Realty Income (NYSE: O) edged past Wall Street expectations for second-quarter funds from operations (FFO), as the real
Realty Income (NYSE: O) Outperforms Q2 FFO Estimates on Higher Rental Revenue Read More »
GSK (NYSE: GSK) Scores Legal Win as Zantac Cancer Claims Falter
GSK (NYSE: GSK) won the latest trial over claims that discontinued heartburn drug Zantac caused cancer, as a jury on
GSK (NYSE: GSK) Scores Legal Win as Zantac Cancer Claims Falter Read More »
US Bond Rally Overdone, Fed Should Have Cut Rates in July, BlackRock Manager Says
NEW YORK – A recent U.S. Treasuries rally, fueled by expectations of significantly lower interest rates, is overdone as the
US Bond Rally Overdone, Fed Should Have Cut Rates in July, BlackRock Manager Says Read More »
Fed’s Daly: More Confident US Inflation is on Path to 2%
On Monday, San Francisco Federal Reserve Bank President Mary Daly said she is “more confident” U.S. inflation is headed toward
Fed’s Daly: More Confident US Inflation is on Path to 2% Read More »
Fed’s Reverse Repo Activity Falls to Lowest Point Since 2021
NEW YORK – On Monday, the New York Federal Reserve accepted $316.246 billion submitted to its overnight reverse repo facility,
Fed’s Reverse Repo Activity Falls to Lowest Point Since 2021 Read More »
US Judge Details How Google Built and Maintained Illegal Search Monopoly
On Monday, U.S. District Judge Amit Mehta ruled that Google had violated antitrust law by spending billions of dollars to
US Judge Details How Google Built and Maintained Illegal Search Monopoly Read More »
Investors Warn of Lingering Risks: Carry Trade Aftershocks May Shake Global Markets Further
NEW YORK – Investors said the aftershocks of a massive carry trade that has reverberated through global financial markets weren’t
US Recession Worries Surge Again? Here’s What Data Says
An unexpectedly weak U.S. employment report, featuring a post-pandemic high in the jobless rate, has rekindled worries a recession may
US Recession Worries Surge Again? Here’s What Data Says Read More »
InterContinental Hotels (NYSE: IHG) Posts Strong Q2 as US Rebound Outshines China Weakness
Holiday Inn-owner InterContinental Hotels Group (NYSE: IHG) reported a 3.2% rise in revenue per available room in the second quarter
UK Dominos Pizza Expects Annual Earnings at Lower End of Market Estimates
On Tuesday, Britain’s Dominos Pizza Group lowered its full-year profit outlook as it decided to pass on expected lower food
UK Dominos Pizza Expects Annual Earnings at Lower End of Market Estimates Read More »
Top UK Banks Could Be Wound Down in a Crisis Without Bailouts, BoE Checks Show
LONDON – Britain’s top eight banks including HSBC (NYSE: HSBC), Barclays (NYSE: BCS), Lloyds (NYSE: LYG), and Natwest (NYSE: NWG)
Top UK Banks Could Be Wound Down in a Crisis Without Bailouts, BoE Checks Show Read More »
Best Performing 9 AI ETFs for Long-term Investment
Artificial intelligence (AI) is revolutionizing industries and economies worldwide, and investors are eager to capitalize on this transformative technology. According
Best Performing 9 AI ETFs for Long-term Investment Read More »
Which AI Stock Is the Best Investment: SOUN vs. C3.ai?
Are you on the hunt for a big investment opportunity in this rapidly growing field of artificial intelligence (AI)? With
Which AI Stock Is the Best Investment: SOUN vs. C3.ai? Read More »
Wall Street Sinks: Nasdaq, S&P 500 Tumble 3% Each on US Recession Fears
NEW YORK – On Monday, U.S. stocks ended with steep losses, leaving the Nasdaq and S&P 500 down at least
Wall Street Sinks: Nasdaq, S&P 500 Tumble 3% Each on US Recession Fears Read More »
Miner BHP (NYSE: BHP) Requests Chilean Government Intervention in Escondida Labor Talks
SANTIAGO – BHP (NYSE: BHP), an Australian miner, requested the Chilean government to mediate with the union representing workers at
Miner BHP (NYSE: BHP) Requests Chilean Government Intervention in Escondida Labor Talks Read More »
Novartis (NYSE: NVS) and Viatris (NASDAQ: VTRS) Hit with New Lawsuit Over Alleged HeLa Cell Misuse
On Monday, Novartis (NYSE: NVS) and Viatris (NASDAQ: VTRS) were hit with a federal lawsuit in Maryland by the family
US Markets
CSX Corp. (NASDAQ: CSX) Beats Q2 Profit Estimates, Stock Jumps
On Monday, U.S. railroad operator CSX Corp. (NASDAQ: CSX) narrowly beat second-quarter profit estimates, helped by higher shipment volumes and
CSX Corp. (NASDAQ: CSX) Beats Q2 Profit Estimates, Stock Jumps Read More »
US Bank Stocks Tumble Amid Growing Recession Fears
On Monday, U.S. bank stocks slumped as recession fears sent investors fleeing from a sector closely tied to the economic
US Bank Stocks Tumble Amid Growing Recession Fears Read More »
Market Forecasts Unexpected Fed Rate Cut, SOFR Futures Price in Early Move
NEW YORK – Futures on the Secured Overnight Financing Rate (SOFR) and the Federal funds rate, which measure expectations of
Market Forecasts Unexpected Fed Rate Cut, SOFR Futures Price in Early Move Read More »
Boeing (NYSE: BA), Spirit AeroSystems Execs to Testify at NTSB Hearing on MAX 9 Emergency
WASHINGTON – The National Transportation Safety Board said several Boeing (NYSE: BA) and Spirit AeroSystems (NYSE: SPR) executives will testify
STOXX 600 Dips to Six-Month Low Amid Global Market Turmoil
On Monday, the main European stocks index hit its lowest in over six months as slowdown fears in the world’s
STOXX 600 Dips to Six-Month Low Amid Global Market Turmoil Read More »
US Junk and Corporate Bond Spreads Widen as Market Fears Intensify
U.S. junk bond spreads over yields on risk-free Treasuries widened further on Monday, after ending last week with the biggest
US Junk and Corporate Bond Spreads Widen as Market Fears Intensify Read More »
