Notizia

U.S. consumer sentiment rebounded unexpectedly in early April from a decade low with the strong job market lifting the outlook for wage growth and a fall in gasoline prices from the previous month's record high helping to cap expectations for a further acceleration in inflation, a survey showed on Thursday.

(Reuters) -Wells Fargo & Co posted a 21% drop in first-quarter profit but beat Wall Street expectations on Thursday, as the release of funds set aside to cover potential pandemic-related loan losses cushioned a decline in mortgage lending.

LONDON (Reuters) -Short-dated euro zone bond yields and the single currency fell on Thursday as traders pared back rate hike bets after the European Central Bank signalled a steady reduction of stimulus and refrained from switching to a more hawkish stance.

Wall Street's main indexes inched higher at open on Thursday, following mixed earnings from a slew of banks on the last day of a holiday-shortened week, while Twitter shares jumped after billionaire Elon Musk's takeover offer.

Measures of underlying inflation in the euro zone have risen above the European Central Bank's 2% target and the ECB is closely monitoring inflation expectations, its president Christine Lagarde said on Thursday.

FRANKFURT (Reuters) -The European Central Bank stuck to plans on Thursday to finally end its stimulus programme in the third quarter but gave no further clues on its schedule, stressing uncertainties linked to the war in Ukraine.

The war in Ukraine is prompting the International Monetary Fund to cut global growth estimates for both 2022 and 2023 as higher food and energy prices pressure fragile economies, the IMF's managing director, Kristalina Georgieva, said on Thursday.

(Reuters) -The S&P 500 and the Nasdaq were set to open lower on Thursday, following mixed earnings from a slew of Wall Street lenders on the last day of a holiday-shortened week, while Twitter shares jumped after billionaire Elon Musk's takeover offer.

European shares rose on Thursday as the central bank kept its policy stance largely unchanged and signalled a steady reduction of stimulus over the coming months, spurring money markets to trim rate hike bets for the year.