Edition:
United States

John McCrank

Exchange operator Cboe's profits rise as retail trading surges

Jul 31 2020

NEW YORK Exchange operator Cboe Global Markets reported higher second-quarter earnings on Friday, driven by a surge in retail investor participation in the markets that boosted stock and options trading volumes, offsetting lower institutional demand.

FACTBOX-High-frequency data sources for tracking the U.S. pandemic economy

Jul 30 2020

NEW YORK, July 30 Policymakers, economists and investors are turning increasingly to so-called high-frequency data to get a more timely snapshot of the U.S. economy during the fast-moving coronavirus pandemic than traditional monthly and quarterly indicators can provide.

NYSE-owner ICE says COVID-19 has complicated the M&A picture

Jul 30 2020

NEW YORK The COVID-19 pandemic has complicated merger and acquisition deal making, as social-distancing and restrictions on travel have made it harder for top executives to meet face-to-face, the head of Intercontinental Exchange Inc said on Thursday.

CME profits fall as low rate environment hits hedging demand

Jul 29 2020

NEW YORK CME Group , the world's biggest futures exchange operator, on Wednesday said its quarterly profit fell as steps taken by the U.S. government to ease the economic impact of the coronavirus pandemic curbed hedging demand for some of its top products.

Nasdaq tops profit views amid clamor for tech stocks

Jul 22 2020

Nasdaq Inc on Wednesday reported second-quarter profits that topped expectations as the company's technology-heavy indexes attracted record inflows and exchange volumes surged with more people trading from home while under COVID-19 lockdowns.

Nasdaq earnings expected to benefit from tech rally

Jul 21 2020

NEW YORK Nasdaq Inc is expected to report higher second-quarter earnings on Wednesday as hopes of a rapid recovery from the coronavirus pandemic sent technology stocks surging, sending its benchmark Nasdaq 100 index to record highs.

GLOBAL MARKETS-Asian shares down on virus risk, U.S.-China tension

Jul 10 2020

TOKYO/NEW YORK, July 10 Asian shares and U.S. stock futures fell on Friday as record-breaking new coronavirus cases in several U.S. states stoked concern about economic recovery, while investors looked forward to earnings season.

GLOBAL MARKETS-Asian stocks fall on virus worry, China stock rally pauses

Jul 09 2020

TOKYO/NEW YORK, July 10 Asian shares and U.S. stock futures fell on Friday as record-breaking new coronavirus cases in several U.S. states stoked concerns that new lockdowns could derail an economic recovery, while investors looked forward to earnings season.

Asian shares set to slip as coronavirus concerns weigh

Jul 09 2020

NEW YORK Asian shares were set to open mostly lower on Friday as record-breaking new coronavirus cases and deaths in several U.S. states stoked concerns that new lockdowns could derail the economic recovery, and investors looked forward to earnings season.

GLOBAL MARKETS-Asian shares set to slip as coronavirus concerns weigh

Jul 09 2020

NEW YORK, July 9 Asian shares were set to open mostly lower on Friday as record-breaking new coronavirus cases and deaths in several U.S. states stoked concerns that new lockdowns could derail the economic recovery, and investors looked forward to earnings season.

World News