U.S. Markets
Stocks Snap Two-Week Winning Streak
U.S. stocks notched weekly declines, with severe weather and continuing tension between the U.S. and North Korea driving some of the biggest moves.
Stocks
Specialty-chemicals company MPM Holdings has filed preliminary documents for an initial public offering, some three years after emerging from bankruptcy.
Shares of financial companies sagged under the pressure of falling bond yields and the threat of Hurricane Irma, weighing on major stock indexes. The Dow industrials declined 0.1%.
Europe Markets
Eurozone Economy Stronger Than Estimated
The eurozone economy grew more quickly over the 12 months through June than previously estimated, according to figures released Thursday as policy makers at the European Central Bank met to decide what to do with their program of bond purchases.
U.S. Markets
U.S. Stocks Climb After Stumble
U.S. stocks rebounded from their worst session in weeks, boosted by shares of energy companies. The Dow industrials added 0.2%.
Two gourmet hamburger chains, Fatburgers and Bobby’s Burger Palace, are betting investors will have an appetite for their companies’ shares, even as America’s craving for fancy burgers is waning.
The European Union’s economic growth will beat expectations this year, leaving behind a decade of financial crises and creating the new challenge of tackling long-delayed reforms, EU economy chief Pierre Moscovici said.
KBS Realty Advisors plans to raise about $500 million via a Singapore initial public offering of some of its U.S. office assets.
The Dow Jones Industrial Average fell 234 points, as threats from North Korea and another powerful hurricane weighed on major indexes.
Rovio, the company behind the “Angry Birds” videogame and film franchise, confirmed that it is planning to list its shares in Finland—a litmus test for an industry known for its erratic performance.
Investors moved into haven assets and sold stocks following North Korea’s largest-ever nuclear test, prompting President Trump to denounce the country as a hostile rogue nation.
Roku, which makes streaming-media devices and software, has filed preliminary documents for an initial public offering.
The Nasdaq Composite rose to its biggest weekly gain of the year, boosted by signs of strength in the U.S. economy and a rise in biotechnology companies.
Pro VC MA IPOs
Streaming Device Maker Roku Discloses IPO Plans
The video company didn’t detail its intended share price but it is expected to seek a valuation of $1 billion.
U.S. Markets
U.S. Stocks Higher After Robust Economic Data
Strong economic data helped push stocks higher on Thursday, extending a streak of monthly advances for major indexes.
Nasdaq wants to make it easier for blank-check companies to go public, as such firms account for a growing portion of the IPO market.
U.S. Markets
Nasdaq Notches Third Straight Session of Gains
The Nasdaq Composite logged its third straight day of gains, boosted by shares of chip makers. The tech-heavy index rose 1.1%, while gains in semiconductor stocks helped the S&P 500 edge up 0.5%.
U.S. stocks recovered after North Korea’s launch of a ballistic missile over Japan rattled global markets. The S&P 500 added 0.1%.
U.S. Markets
Harvey Hammers Energy, Insurer Stocks
The Dow Jones Industrial Average inched lower Monday, weighed down by declines in shares of energy and insurance companies.
U.S. Markets
Most Global Markets Start the Week Lower
Asia-Pacific equity markets struggled for direction after U.S. and European central bankers didn’t provide fresh policy guidance, though China-related stocks outperformed.
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