Morgan Stanley Q1 Results Tops Estimates

Financial services firm Morgan Stanley reported Tuesday a profit for the first quarter that increased 15 percent from last year, driven by revenue growth across its operating segments and lower provisions for credit

U.S. Housing Starts Plunge Much More Than Expected In March

After reporting a substantial rebound in new residential construction in the U.S. in the previous month, the Commerce Department released a report on Tuesday showing housing starts pulled back by much more than expected

Planet Fitness Appoints Colleen Keating As CEO

Planet Fitness, Inc. (PLNT) announced Tuesday that it has appointed Colleen Keating as the Company's Chief Executive Officer, effective June 10, 2024. At that time, Craig Benson will resign as Interim CEO but will

Australian Market Sharply Lower

Adding to the losses in the previous three sessions, the Australian stock market is sharply lower on Tuesday, following the sharp sell-off Wall Street overnight. The benchmark S&P/ASX 200 is falling well below the 7,700

Indonesia Shares Due For Consolidation On Tuesday

Ahead of the long break for Eid-ul-Fitr, the Indonesia stock market had finished higher in two straight sessions, collecting more than 120 points or 1.7 percent along the way. The Jakarta Composite Index now sits just

China GDP Expands Annualized 5.3% In Q1

China's gross domestic product gained 5.3 percent on year in the first quarter of 2024, the National Bureau of Statistics said on Tuesday - exceeding expectations for an increase of 4.8 percent and up from 5.2 percent in

Sensex, Nifty Set To Extend Losses On Rate, Middle East Worries

Indian shares look set to open lower on Tuesday amid escalating tensions in the Middle East and uncertainty over the Federal Reserve's rate trajectory.

Japanese Market Sharply Lower; Down 2%

Adding to the losses in the previous session, the Japanese stock market is sharply lower on Tuesday, with the Nikkei 225 falling below the 38,500 level, mirroring the broadly sell off on Wall Street overnight, with

Asian Markets A Sea Of Red

Asian stock markets are a sea of red on Tuesday, following the broad sell-off on Wall Street overnight, as bond yields spiked after a report showed a much stronger than expected U.S. retail sales growth in March. The

Sensex, Nifty Decline In Early Trade; IT And Financials Lead Losses

Indian shares opened lower on Tuesday, adding to losses in the previous session as geopolitical tensions persisted and robust U.S. consumer spending data for March added to concerns about the outlook for interest rates.