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S&P 500 hits first intraday record high since US-Iran war

S&P 500 hits first intraday record high since US-Iran war

April 15 (Reuters) - The S&P 500 touched an intraday record high on Wednesday, its first since the U.S.-Iran conflict began, as hopes of a de-escalation in the war and robust earnings expectations drew investors back into risk assets.

European shares gain on hopes of potential US-Iran peace talks

European shares gain on hopes of potential US-Iran peace talks

April 14 (Reuters) - European shares rose on Tuesday, recovering from a sombre start to the week, as investors were hopeful about potential Middle East peace negotiations nFWN40X04B, even as the U.S. implemented a blockade nL6N40X074 of Iranian ports.

Nuclear reactor developer X‑Energy targets $7.5 billion valuation in US IPO

Nuclear reactor developer X‑Energy targets $7.5 billion valuation in US IPO

April 15 (Reuters) - Amazon-backed X-Energy said on Wednesday it was targeting a valuation of up to $7.51 billion in its initial public offering in the United States.

Wells Fargo profit rises on interest income, trading boost

Wells Fargo profit rises on interest income, trading boost

April 14 (Reuters) - Wells Fargo's profit rose in the first quarter, aided by higher income from interest payments and as its traders reaped benefits from volatile markets.

J&J's first-quarter profit beats estimates even as Stelara sales disappoint

J&J's first-quarter profit beats estimates even as Stelara sales disappoint

By Michael Erman April 14 (Reuters) - Johnson & Johnson reported first-quarter earnings that beat Wall Street expectations on Tuesday and raised its full-year forecast, as strong demand for cancer drug Darzalex and psoriasis treatment Tremfya more than offset a steep falloff in sales of its

Morgan Stanley's profit rises on dealmaking, trading boost

Morgan Stanley's profit rises on dealmaking, trading boost

April 15 (Reuters) - Morgan Stanley reported a rise in first-quarter profit on Wednesday, buoyed by a dealmaking boost and a surge in revenue from its trading business.

Nasdaq sets record highs as investors return to tech stocks

Nasdaq sets record highs as investors return to tech stocks

April 15 (Reuters) - The Nasdaq hit an intraday all-time high and closing record on Wednesday, its first since October, as investors returned to technology stocks, signaling a rebound in risk appetite after weeks of concerns over war-related economic disruption and fears about the labor-force impact

Madison Air raises $2.2 billion in US IPO

Madison Air raises $2.2 billion in US IPO

April 15 (Reuters) - Indoor air systems provider Madison Air Solutions said on Wednesday it had raised $2.23 billion in its U.S. initial public offering. The Chicago, Illinois-based company sold 82.7 million shares in the IPO at $27 each, compared with the marketed range of $25 to $27.

Robinhood, Webull jump after US SEC approves removal of day-trading limit for smaller investors

Robinhood, Webull jump after US SEC approves removal of day-trading limit for smaller investors

April 15 (Reuters) - Shares of retail trading platforms Robinhood and Webull surged on Wednesday after the U.S. Securities and Exchange Commission paved the way for a new regulatory framework on day-trading limit for smaller investors.

Virgin Australia flags higher fuel costs, adjusts airfares on Mideast war impact

Virgin Australia flags higher fuel costs, adjusts airfares on Mideast war impact

April 15 (Reuters) - Virgin Australia on Wednesday forecast higher fuel costs and said it has adjusted airfares and capacity for the second half, citing recent price volatility linked to the conflict in the Middle East.

Qantas lifts fuel cost forecast as Middle East war jolts oil markets

Qantas lifts fuel cost forecast as Middle East war jolts oil markets

April 14 (Reuters) - Australia's Qantas Airways said on Tuesday it has raised its fuel cost outlook and has not started its planned share buyback, citing sharply higher and volatile jet fuel prices after the war in the Middle East cut oil supply.

REIT National Healthcare aims $1.1 billion in valuation in US IPO

REIT National Healthcare aims $1.1 billion in valuation in US IPO

April 13 (Reuters) - National Healthcare Properties said on Monday it was targeting a valuation of about $1.1 billion in its U.S. initial public offering, the second real estate investment trust to hit the new listings markets in recent weeks.