Wall Street set to rise on trade optimism, progress to avert government shutdown
Tuesday, 12 February 2019 () Wall Street was set to open higher on Tuesday, buoyed by a tentative deal reached by U.S. lawmakers to avoid another partial government shutdown and after the United States and China expressed optimism about the ongoing trade talks.
Wall Street closed higher on Wednesday as investors were hopeful that the United States and China could iron out a trade deal and as benign inflation data suggested the Federal Reserve would hold interest rates steady in the near term. Fred Katayama reports.
According to Reuters, CVS Health on Wednesday forecast 2019 profit well below Wall Street estimates due to weakness in its pharmacy business and slower than anticipated growth in drug prices, sending..
If you can't beat 'em, leave 'em. Sallie Krawcheck, who was CFO at Citigroup and CEO of Merrill Lynch, left Wall Street to become the CEO of Ellevest--an investing platform designed for women and has..