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TODAY'S TOP STORIES

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asian-up_22may19.jpg European stocks look set to open a tad higher on Wednesday, with easing of U.S.-China trade tensions and a stronger dollar likely to underpin sentiment. The U.S. dollar hovered near a four-week high on the back of higher U.S. Treasury yields as investors awaited the release of minutes from the latest...

pharmadown-may21.jpg The following are some of the pharma/biotech stocks that posted the biggest percentage decline on Tuesday.

preview-may22.jpg Consumer and producer prices and public sector finance reports from the UK are due on Wednesday, headlining a light day for the European economic news. At 3.00 am ET, European Central Bank President Mario Draghi is set to speak at an event organized by the ECB in Frankfurt, Germany.

pharmaup-may21.jpg The following are some of today's top gainers in the pharma/biotech sector.

wallstreet-aug30_21may19.jpg With the markets continuing to show intense sensitivity to trade-related news, stocks showed a strong move back to the upside during the trading day on Tuesday after moving mostly lower over the course of the previous session.

donmcgahn-052119.jpg For the second time in less than a month, a senior member of President Donald Trump's administration defied a subpoena to appear before the House Judiciary Committee on Tuesday. Former White House Counsel Don McGahn joined Attorney General William Barr in refusing to testify before the important House committee.

wallstreet-aug14_21may19.jpg After moving notably higher early in the day, stocks remain firmly positive in mid-day trading on Tuesday. The tech-heavy Nasdaq is posting a particularly strong gain after falling sharply in the previous session.

mcconnell-052119.jpg Senate Majority Leader Mitch McConnell, R-Ken., introduced bipartisan legislation on Monday that would raise the nationwide minimum age to buy all tobacco products from 18 to 21.

tesla-052119.jpg Morgan Stanley has cut its worst-case forecast on Tesla Inc.'s share price from the previous estimate of $97 to just $10, dealing another blow to the luxury electric car maker. The worst-case or "bear case" scenario by Morgan Stanley analysts takes into account the risk posed if Tesla misses its current sales outlook for China by about half.

us-huawei-052119.jpg Huawei Technologies Co. has been granted a temporary license that will allow the Chinese tech giant to continue doing business with some American firms for three months.

wallstreet-aug15_21may19.jpg Stocks have moved mostly higher in morning trading on Tuesday, rebounding following the weakness seen in the previous session. The major averages have all moved to the upside, although buying interest has remained somewhat subdued.

shoeretailers-052119.jpg Nike Inc., Adidas AG and other footwear companies have urged U.S. President Donald Trump to reconsider his proposed tariffs on shoes imported from China, noting that any increase in the cost of importing shoes has a direct impact on the American footwear consumer. In a letter, more than 170 footwear companies have urged the President to immediately remove footwear from the proposed tariffs.

existinghomesales-052119.jpg Existing home sales in the U.S. unexpectedly showed a modest decrease in the month of April, according to a report released by the National Association of Realtors on Tuesday. NAR said existing home sales dipped by 0.4 percent to an annual rate of 5.19 million in April.

abnamro-052119.jpg ABN AMRO is among other commodity industry players and financial institutions that are exploring options to launch digital blockchain platform Forcefield, which will help track trade inventories in real-time.The other firms that have until now signed a MOU to launch Forcefield are Accenture, Anglo American, CMST International, Hartree Partners, ING Bank, Macquarie, Mercuria and OCBC Bank.

facebookforms-may21.jpg Facebook has registered a new financial technology company in Switzerland which will be focussing on blockchain and payments, Reuters reported citing Geneva's commercial register. The formation of the new company comes amid the speculation that the social media giant is preparing to announce its own...

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