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S&P, Dow falter after six days of gains as Walmart weighs

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A steep fall in Walmart's shares put the skids on the S&P 500 and the Dow's six-day winning streak, but gains in Amazon and technology stocks kept the Nasdaq in positive territory.

Qualcomm deals blow to Broadcom's bid with sweetened NXP deal

U.S. semiconductor company Qualcomm Inc on Tuesday unveiled a sweetened $44 billion agreement to acquire NXP Semiconductors NV , its most defiant move in its defense against a hostile $121 billion bid from Broadcom Ltd .

11:27pm IST

South Korea launches WTO trade challenge against U.S. duties

GENEVA South Korea has launched a wide-ranging complaint at the World Trade Organization to challenge the U.S. use of anti-subsidy and anti-dumping duties, citing their use on steel and transformers, a WTO filing showed on Tuesday.

10:32pm IST

Walmart holiday-quarter profit drops, online struggles spook investors

NEW YORK Walmart Inc , the world's biggest retailer, on Tuesday posted a sharp drop in profit and online sales growth during the critical holiday period and forecast annual profit at the lower end of expectations.

11:18pm IST

Relax and invest, Saudi prince tells investors after corruption crackdown

RIYADH/DUBAI Three months after Saudi Arabia detained scores of people in a crackdown on corruption, its rulers are trying to reassure investors that the kingdom remains open for business.

5:41pm IST

Global stocks sink as bond yields, dollar regain traction

NEW YORK A six-day rebound in world stocks sputtered on Tuesday, hurt by rising bond yields and disappointing earnings from U.S. retailers, while the U.S. dollar extended a rebound from three-year lows.

10:09pm IST
World Markets

UPDATE 2-HSBC weighs on banks as European stocks advance

* Edenred, Simcorp jump on earnings updates (Updates prices at close)

UPDATE 2-HSBC weighs on banks as European stocks advance

* Edenred, Simcorp jump on earnings updates (Updates prices at close)

UPDATE 2-HSBC weighs on banks as European stocks advance

* Edenred, Simcorp jump on earnings updates (Updates prices at close)

Hong Kong stocks fall after Lunar New Year break, H-shares down

* HSI financial sub-index drops 1.6 pct; property off 0.2 pct

2:10pm IST
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