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European shares set to open lower as hopes for US-Iran peace fade

European shares set to open lower as hopes for US-Iran peace fade

April 20 (Reuters) - Futures tracking Europe's main stock indexes fell more than 1% on Monday, as hopes for peace in the Middle East ebbed with tensions reigniting after Washington seized an Iranian cargo ship that tried to run its blockade and Tehran vowed to retaliate.

Halliburton beats profit estimates on oilfield services demand in Latin America, Europe

Halliburton beats profit estimates on oilfield services demand in Latin America, Europe

April 21 (Reuters) - Halliburton beat Wall Street estimates for first-quarter profit on Tuesday, as steady demand in Latin America and Europe helped offset a slowdown in activity in the Middle East due to the Iran war.

European shares edge higher as Mideast peace talks keep investor hopes alive

European shares edge higher as Mideast peace talks keep investor hopes alive

April 21 (Reuters) - European shares edged higher on Tuesday, after posting losses in the previous session, as investors found optimism in reports that Middle East peace negotiations remain active while the Iran-U.S. ceasefire deadline approaches.

US stock futures climb as AI optimism tempers Middle East concerns

US stock futures climb as AI optimism tempers Middle East concerns

April 21 (Reuters) - U.S. stock index futures rose on Tuesday as renewed artificial intelligence optimism bolstered markets battered by repeated back-and-forth linked to headlines about the Middle East conflict. J.P.

Avis Budget shares touch record high as short squeeze hammers bearish bets

Avis Budget shares touch record high as short squeeze hammers bearish bets

By Shashwat Chauhan April 21 (Reuters) - Shares of car rental company Avis Budget hit a record high on Tuesday, having quadrupled so far in April, as analysts pointed to a short squeeze that has dealt steep losses to investors betting against the stock.

Instant View: UnitedHealth's strong first quarter, forecast raise cheer Wall Street

Instant View: UnitedHealth's strong first quarter, forecast raise cheer Wall Street

April 21 (Reuters) - UnitedHealth opened the first-quarter earnings season for insurers with a strong performance, raising its annual profit forecast and surpassing Wall Street expectations for quarterly earnings and revenue.

Alternative asset managers brace for investor test over AI, redemptions

Alternative asset managers brace for investor test over AI, redemptions

By Manya Saini, Isla Binnie and Arasu Kannagi Basil April 21 (Reuters) - Wall Street's largest alternative asset managers face a critical test in the coming weeks as they try to convince investors that concerns over AI disruption to their portfolio companies and a pullback in retail private credit

Equifax profit jumps on US mortgage strength, maintains revenue outlook

Equifax profit jumps on US mortgage strength, maintains revenue outlook

April 21 (Reuters) - Credit bureau Equifax reported a jump in first-quarter profit on Tuesday, as higher loan demand lifted its U.S. mortgage business, and maintained its full-year revenue outlook, citing macroeconomic uncertainty. Its shares rose 0.5% in premarket trading after results.

Trading Day: Cooling off, but still optimistic

Trading Day: Cooling off, but still optimistic

By Jamie McGeever ORLANDO, Florida, April 20 (Reuters) - Oil rose on Monday and the main U.S. equity indices fell as U.S.-Iran tensions re-escalated and the Strait of Hormuz was closed, although the fairly mild market moves suggest investors are hopeful negotiations will resume and yield positive

US stock futures fall after rally as Mideast tensions flare

US stock futures fall after rally as Mideast tensions flare

April 20 (Reuters) - U.S. stock index futures inched lower on Monday after a record rally on Wall Street last week as dimming prospects of an end to the Iran conflict prompted investors to curb their risk appetite.

National Australia Bank flags $503 million impairment hit on Mideast volatility

National Australia Bank flags $503 million impairment hit on Mideast volatility

By Scott Murdoch and Shivangi Lahiri April 20 (Reuters) - Australia's largest business lender, National Australia Bank, on Monday said it expects to incur credit impairment charges of A$706 million ($503 million) in the first half, as the Iran war roils the global economy and financial markets.

3M beats quarterly profit estimates as cost-control push swells margins

3M beats quarterly profit estimates as cost-control push swells margins

April 21 (Reuters) - Industrial giant 3M posted a rise in first-quarter profit on Tuesday, as cost-control measures helped offset inflationary and tariff-linked pressures in an uncertain economic environment.