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Wall Street flat at open

Wall Street opened flat on Tuesday as upbeat earnings from big investment banks Goldman Sachs and Morgan Stanley failed to fuel the optimism that has led the major indexes to record highs.

Recent Business News

Morgan Stanley smashes estimates on strength in wealth management

Morgan Stanley posted a much higher-than-expected quarterly profit on Tuesday as record revenue from its wealth management business helped offset the blow from a slump in trading activity.

7:59am EDT

NAFTA trade ministers to square off over hard-line U.S. demands

WASHINGTON Trade ministers from the United States, Canada and Mexico wrap up a contentious round of NAFTA trade talks on Tuesday marked by aggressive U.S. demands that have left the future of the 23-year-old free trade pact in doubt.

2:55am EDT

Patently tough: Long road ahead for Qualcomm in China case against Apple

SHANGHAI/BEIJING Qualcomm Inc wants to hit Apple Inc where it hurts most: iPhone sales in China - one of its biggest global markets where most of its flagship smartphones are made.

Tech, China 8:07am EDT

Volvo unveils first Polestar model, part of green car push in China

SHANGHAI Volvo Cars and its Chinese parent unveiled their first Polestar model and plans to invest 5 billion yuan ($760 million) in the electric vehicle brand, gearing up for intense competition to sell green cars in the world's biggest auto market.

7:10am EDT

Earnings and commodities keep stocks bulls happy

LONDON World stocks stayed near record highs on Tuesday, as a flurry of U.S. earnings and a rally in commodity markets helped underpin one of the most durable bull runs of recent history.

8:50am EDT


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