Stock Markets, Business News, Financials, Earnings

S&P 500 and Nasdaq Face Headwinds as Tariff Uncertainty Weighs May 30
The Trump administration's botched global tariffs are emboldening key trade partners to hold out for better deals. Despite ongoing tariff jitters, the S&P 500 index is up 6%, and the Nasdaq Composite added 10% in May. COST GPS AEO DELL
Federal Court Blocks Poorly Introduced Tariffs, Protracting Trade Uncertainty May 29
Wall Street indexes and global markets rebounded after the federal trade court in Manhattan struck down global tariffs unleashed by the U.S. president, ruling the import tax illegal. NVDA CRM

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U.S. Movers: Bath & Body Works, Best Buy, Burlington Stores, Costco, Foot Locker, GAP, Li Auto, Zscaler May 30
Costco reported strong results in the fiscal third quarter. GAP failed to meet analyst expectations and warned of tariff-related costs in the future. Foot Locker will be acquired by Dick’s Sporting Goods following weak first-quarter results. BBY BURL BBWI FL COST ZS
U.S. Movers: Abercrombie & Fitch, Capri Holdings, Dick's Sporting Goods, Macy’s, NVIDIA, Salesforce, Veeva Systems May 29
NVIDIA, Salesforce.com, and Veeva Systems reported strong first-quarter results. Macy’s posted lower sales and earnings and issued a muted guidance. ANF DKS M NVDA CRM VEEV

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Sony Corp. Lifts Annual Outlook Driven by Gains in PlayStation and Music Businesses Feb 17
Sony raised its full-year outlook on the back of the strength in its console and music businesses. The technology and media company plans to spin off its financial services unit by October.
Lululemon Athletica Quarterly Sales Rise 19%, Expands Stock Repurchase Plan Dec 8
The specialty apparel retailer said international sales soared but net income declined. The company board approved an additional stock repurchase plan of $1 billion. LULU

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January's Consumer Price Inflation Supports Fed's Resolve to Delay Rate Cuts Feb 12
The rebound in inflation in January was driven by an increase in prices for food, fuel, and passenger cars. Elevated shelter continues to drive most of the inflation and underscored the Fed's reluctance to deliver additional rate cuts in the imminent future.
U.S. Job Growth Slowed by Solid In January, Wage Growth Supports Fed's Rate Case Feb 8
Wall Street indexes were little changed after nonfarm payrolls increased at a slower pace in January, but wage growth in the month stayed sharply ahead of the Fed's inflation goals.

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China's Bubble Tea Chain Mixue Group's IPO Attracted Huge Interest from Retail Investors Mar 3
The rapidly growing affordable beverage chain operator's public offering became the most popular ever in Hong Kong, with 6,000 times oversubscribed.
Heidelberg Materials Enlarges U.S. Footprint with Giant Cement Acquisition Nov 28
Heidelberg Materials agreed to acquire the U.S.-based Giant Cement and its subsidiaries from Mexican billionaire Carlos Slim controlled company listed in Spain.

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European Markets Scale Higher May Amid Persistent Trade and Geopolitical Uncertainties May 30
European markets trimmed monthly gains on the final trading day of May amid persistent and protracted U.S. trade policy uncertainty.
European Markets Rebounded After US Court Blocked Bulk of Tariffs May 29
European markets advanced following a U.S. court order to ban global tariffs imposed by the U.S. president. However, tariffs on steel, aluminum, and vehicles still stay as they were applied using different laws.

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Europe Movers: Stratec May 30
Stratec, the Germany-based provider of life science technologies, reported strong first-quarter results and reiterated its full-year outlook.
Europe Movers: Autotrader, Holland Colours, Nationwide Building Society May 29
Autotrader, the UK-based online automotive platform operator, reported strong results for the fiscal year ending in March. Nationwide Building Society and Holland Colours posted higher sales and earnings.

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Japan Stocks Closed Down After Elevated Inflation Supported Rate-Hike Case May 30
Japan's indexes trimmed weekly and monthly advances after the U.S. appeals court prolonged the trade policy uncertainty. Elevated inflation in the Tokyo area supported the case for additional interest rate hikes later in the year.
Weekly Losses In China Stocks Trim May Gains, Hang Seng Advances 5% May 30
The Hang Seng Index's weekly loss trimmed the monthly gain to 5% amid constantly changing U.S. trade policy and rules.

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Stock Movers: Hindustan Tin, NMDC, Tiger Logistics, Techno Electric, Ambika Cotton, Loyal Textile, Bosch, Procter & Gamble Hygiene May 28
NMDC reported a muted increase in sales and earnings in the March quarter. Ambika Cotton approved a final dividend despite the decline in revenue and earnings in the fiscal fourth quarter. Loyal Textile’s net income swung to a profit in the March quarter.
Stock Movers: India Pesticides, Blue Dart Express, Bayer Crop, Sumitomo Chemical, Gillette India, IDFC FIRST, Paul Merchants, Umang Dairies May 27
India Pesticides reported a sharp jump in net income in the latest quarter. IDFC FIRST proposed a dividend despite the decline in net income in the fiscal fourth quarter. Blue Dart reported mixed results in the March quarter.

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How Can Argentina Regain Growth Momentum and Avoid Dollarization? Mar 25
Argentina’s persistent financial crisis is rooted in its failure to diversify its economic base away from agriculture and mining activities and to ignore its human capital potential for decades.
Is Twitter Dying? Nov 18
The social media platform's rapid rise brought a flood of users from all walks of life. Twitter's popularity also attracted politicians, regulators and investors, all competing to bend the platform to meet their needs. TWTR