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Wall St rallies; Nasdaq hits 40-yr milestone, Apple scales $3 trillion

Wall St rallies; Nasdaq hits 40-yr milestone, Apple scales $3 trillion

Jun 30, 2023 | Business, Economy, US

By Sinéad Carew, Sruthi Shankar and Johann M Cherian (Reuters) – Wall Street’s three major indexes advanced solidly on Friday, with the tech-heavy Nasdaq boasting its biggest first-half gain in 40 years as inflation showed signs of cooling while Apple...
Nokia renews patent license agreement with Apple

Nokia renews patent license agreement with Apple

Jun 30, 2023 | Business, Economy, Europe, Technology, US

(Reuters) – Nokia said on Friday it had signed a new long-term patent license agreement with Apple, as the current license between the companies expires at the end of 2023. While terms of the agreement remain confidential between the companies, it covers Nokia’s...
After first-half rally, stocks’ July winning streak on the line

After first-half rally, stocks’ July winning streak on the line

Jun 30, 2023 | Business, Economy, US

By Lewis Krauskopf NEW YORK (Reuters) -A U.S. stocks rally is cruising into a month that has proven strong in recent years, though equities must navigate employment data and an earnings season that could be precarious, with the Federal Reserve bent on raising U.S....
Six questions facing US stock investors as 2023’s second half nears

Six questions facing US stock investors as 2023’s second half nears

Jun 30, 2023 | Business, Economy, Technology, US

By Lewis Krauskopf NEW YORK (Reuters) -The U.S. stock market has powered higher in the first half of this year despite numerous obstacles, from banking sector turmoil to recurring doubts about the economy’s health. The S&P 500 is up 15.9% in 2023 – a...
Apple’s market value ends above $3 trillion for first time

Apple’s market value ends above $3 trillion for first time

Jun 30, 2023 | Business, Economy, Entertainment and Lifestyle, Technology, Top News, US

By Noel Randewich and Tiyashi Datta (Reuters) -Apple Inc’s stock market value ended a trading session above $3 trillion for the first time on Friday, lifted by signs of improving inflation and bets that the iPhone maker will successfully expand into new markets....
Biden tries to flip skeptical Americans on his economic plan

Biden tries to flip skeptical Americans on his economic plan

Jun 30, 2023 | Economy, Elections, Politics, Top News, US

By Nandita Bose and Trevor Hunnicutt CHICAGO (Reuters) – U.S. President Joe Biden worked to lift Americans’ dour mood about the economy with what his aides billed as a major speech on Wednesday, an effort to shore up a top political weakness as he seeks...
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