U.S. consumer confidence climbed to its highest level in more than 16 years, a strong gain for one of President Donald Trump's preferred economic indicators. The Conference Board said Tuesday that its consumer confidence index rose to 125.6 in March from 116.1 in February, the best reading since December 2000.
U.S. stock indexes moved slightly higher in morning trading Tuesday as investors weighed the latest batch of company earnings and economic news. New data showed strong gains in consumer confidence and U.S. home prices.
* AA: Motoring group AA posted a full-year core profit of 403 million pounds on Tuesday, steady from the previous year and in line with expectations, supported by growth in new business. * THOMAS COOK: British tour operator Thomas Cook said it expected to hit its full-year operating targets after seeing early signs that tourists were returning to troubled markets Turkey and Egypt.
Tesco has been hit with a A 129 million fine from the Serious Fraud Office , but has escaped prosecution over its accounting scandal. The supermarket giant said its subsidiary - Tesco Stores - has reached a Deferred Prosecution Agreement with the SFO following a two-year investigation into false accounting at the firm.
Asian stock markets rose Tuesday after Wall Street sank on worries that the Trump administration might not do as much for businesses as once thought. KEEPING SCORE: Tokyo's Nikkei 225 gained 1 percent to 19,174.56 and Hong Kong's Hang Seng advanced 0.5 percent to 24,317.93.
Risk appetite declined, similarly to trends in Asia and Western Europe, after confidence in new U.S. President Donald Trump's ability to deliver his agenda took a blow when he failed to push through a healthcare reform bill. But the index of the Bulgarian stock exchange, which often has low turnover, rose by almost half a percent by 0816 GMT.
House Democrats on Monday released a two-year state budget plan that proposes $3 billion in additional revenue - including a tax increase on some businesses and a new capital gains tax - to address a court mandate on education funding. At a news conference announcing the plan, Democrats lauded the investments in not only education, but in mental health and other social services.
Canadian marijuana stocks got a boost Monday following reports that the federal government will introduce a bill next month that aims to legalize pot by July 1, 2018. Shares of Canopy Growth Corp. were up 10.12 per cent, or $1.00, to $10.88 per share in late morning trading on the Toronto Stock Exchange.
Specialists Glenn Carell, right, and James Denaro work on the floor of the New York Stock Exchange, Monday, March 27, 2017. Banks and industrial companies are leading stocks lower on Wall Street in early trading.