The Dow regained some lost ground, although the S&P 500 and Nasdaq stumbled, dragged down by declines in mega-cap technology stocks, while the broader market benefited from positive quarterly results from banks, particularly Morgan Stanley. Morgan Stanley rose 6.7 percent, joining rivals such as JPMorgan Chase, which reported strong profits following a sharp rise in … Read more
Hopes of a rescue mission were dashed when specialist divers recovered five bodies from the wreck of the Bayesian, which sank off the coast of Sicily on Monday after a freak storm.
Wall Street's major indices rose, helped by a dovish stance from Japan's top policymaker following a surprise interest rate hike last week that sparked sharp volatility in global markets. Global stock markets rose after Bank of Japan (BOJ) Deputy Governor Shinichi Uchida said the central bank would not raise interest rates if financial markets were … Read more