World stocks steady, Bitcoin slides on US tax hike prospect

However, IHS Markit’s flash Composite Purchasing Managers’ Index, seen as a good guide to economic health, rose to a nine-month high of 53.7 in April, confounding expectations in a Reuters poll for a dip to 52.8. Reuters, the news and media division of Thomson Reuters, is the world’s largest multimedia news provider, reaching billions of […]

US stocks close down on news of Biden tax proposal

Biogen Inc beat quarterly profit estimates on stronger-than-expected sales for its muscle wasting disorder drug, though concerns over its reliance on its yet-to-be approved Alzheimer’s therapy, aducanumab, weighed on shares. Reuters, the news and media division of Thomson Reuters, is the world’s largest multimedia news provider, reaching billions of people worldwide every day. …Read the […]