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Wall Street ends lower after Powell remarks, as energy shares drag

Wall Street ends lower after Powell remarks, as energy shares drag

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Powell: Fed ‘strongly committed’ to inflation fight Energy shares hit as oil prices slide Defensives top-performing S&P sectors Dow Inc falls as brokerage downgrades to “underperform” Indexes down: Dow 0.15%, S&P 0.13%, Nasdaq 0.15% June 22 (Reuters) – Wall Street’s main indexes ended with slim losses on Wednesday after choppy trading as energy shares weighed …

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Umicore plan to double down on battery business knocks almost bln off market cap

Umicore plan to double down on battery business knocks almost $1 bln off market cap

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A car is plugged in at a charging point for electric vehicles in London, Britain, March 6, 2018. REUTERS/Simon Dawson Register now for FREE unlimited access to Reuters.com Register Umicore plans to invest 5 bln euros in batteries by 2026 Shares tumble 10%, wiping nearly $1 bln from market cap Suppliers of electric vehicle batteries …

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Banks, energy stocks fuel rebound in European shares

Banks, energy stocks fuel rebound in European shares

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The German share price index DAX graph is pictured at the stock exchange in Frankfurt, Germany, June 17, 2022. REUTERS/Staff Register now for FREE unlimited access to Reuters.com Register Construction & materials among worst hit sectors ECB’s Lagarde reaffirms rate hike plans Renault jumps after Jefferies upgrade June 20 (Reuters) – European stocks rose strongly …

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