Wall Street's main indexes closed lower on Friday, with the S&P 500 and Nasdaq notching their biggest one-day losses in two weeks, on concerns about slower interest-rate cuts and as investors reacted to cabinet picks by US President-elect Donald Trump.

Wall Street sinks on Powell rate-cut caution, Trump cabinet picks

A pullback in the S&P 500 that’s already trimmed about a third off the index’s post-election rally is set to continue on Friday, as sticky inflation and hawkish comments from the Federal Reserve weigh on sentiment.

US stocks have already returned a third of post-election gains

Stocks fell after Jerome Powell signalled there’s no need for the Federal Reserve to rush with rate cuts as the economy is holding up.

Stocks get hit as Powell’s remarks curb US Fed wagers

Ford Motor Co agreed to a US$165 million (RM733.5 million) civil penalty to settle allegations the company failed to recall cars with defective rearview cameras in a timely manner, the second largest fine ever levied by the National Highway Traffic Safety Administration (NHTSA).

Ford hit with near-record US$165 mil penalty on recall failure

Walt Disney Co posted fiscal fourth-quarter (4Q) sales and profit that beat Wall Street estimates and forecast earnings growth for the next three years, a rare event for a company that historically hasn’t made long-range profit projections.

Disney 4Q profit beats expectations as movies, streaming gain

Wall Street's main indexes edged lower in choppy trading on Thursday after monthly producer prices rose as expected, with investors awaiting Federal Reserve (Fed) Chair Jerome Powell's comments later in the day for clues on the outlook for interest rates.

Wall Street struggles for direction after in-line monthly producer prices

Stocks wavered as speculation the market has run too far after the US election offset bets the Federal Reserve will keep cutting rates.

S&P 500 struggles to extend post-election advance

Wall Street's main indexes inched higher on Wednesday after in-line consumer price inflation data kept the US Federal Reserve (Fed) on track to deliver another interest rate cut in December.

Wall Street edges higher after inflation data keeps Fed rate-cut hopes intact

A breakneck rally in stocks ran out of steam, with Treasury yields soaring and the dollar hitting the highest level in two years ahead of a key inflation report.

Equities edged lower after the S&P 500’s biggest five-day run in a year. Following sizeable post-election gains, small caps and banks lost ground. Tesla Inc dropped after an almost 45% surge.

S&P 500 rally hits a wall as treasury yields spike

Wall Street's main indexes were little changed on Tuesday following post-election gains over the past few days as focus moved to key US inflation data later in the week for more signals on the country's economic and monetary policy outlook.

Wall Street muted as focus moves to economic data

The post-election rally in US stocks could run out of steam as investors start to take profits, according to strategists at Citigroup Inc.

Investors added to bullish bets last week, pushing exposure to the S&P 500 to the highest level in three years, the strategists led by Chris Montagu said. Long positioning in the technology-heavy Nasdaq 100 and the small-cap Russell 2000 also reflect “an extremely bullish outlook”.

Citi sees post-election stock rally stalling on profit-taking

US stocks rose for a fifth straight session, bitcoin topped US$87,000 (RM385,410) and the dollar hit a one-year high, with investors continuing to bet those trades will benefit from President-elect Donald Trump’s agenda.

Wall Street’s ‘Trump trades’ keep powering ahead

Wall Street's main indexes hit record highs on Monday, extending post-election gains, ahead of the next batch of economic data that could decide whether the equity rally can sustain itself.

Trump-fuelled rally propels Wall Street to record highs

Invesco Advisers Inc will pay a US$17.5 million (RM77.07 million) fine to settle US Securities and Exchange Commission (SEC) allegations that it misled clients about the share of company-wide assets under management (AUM) that integrated environmental, social and governance (ESG) factors into investment decisions.

SEC slaps Invesco Advisers with US$17.5 mil fine over its ESG claims 

The Malaysian Anti-Corruption Commission (MACC) has summoned five Sabah state assemblymen to provide statements regarding an alleged corruption case involving a mineral project in the state.

MACC summons five Sabah reps over probe into mineral project 

Economy Minister Rafizi Ramli says the government expects rare earth elements (REE) to be processed in Malaysia within the next three years.

Putrajaya targeting domestic rare earths processing within three years — Rafizi

A framework and strategy for blue economy is being developed at the Ministry of Economy and is expected to be completed by the end of 2025, said Economy Minister Rafizi Ramli.

Rafizi: Framework for blue economy to be finalised by end-2025

The National Energy Awards (NEA), which aims to recognise the achievements and best practices of sustainable energy industry players in Malaysia, will be open for submission from Monday (Nov 18) until Feb 19 next year.

Participation in 2025 National Energy Awards open for submission from Monday

Pasir Bedamar state assemblyman Woo Kah Leong has been elected DAP Socialist Youth (DAPSY) national chief for the 2024–2027 term.

Woo Kah Leong named new DAP Youth chief 

Kelantan's Gross Domestic Product (GDP) grew by 2.6% to RM27.6 billion in 2023 compared to RM26.9 billion the previous year, said Menteri Besar Datuk Mohd Nassuruddin Daud.

Kelantan’s GDP up to RM27.6b in 2023 on service sector growth, says MB 

Brazil's first lady, Janja Lula da Silva, swore at billionaire Elon Musk during a G20 social event on Saturday at which she spoke about the need to regulate social media to rein in misinformation.

Brazil's first lady insults Elon Musk at G20 social event

Prime Minister Datuk Seri Anwar Ibrahim has arrived in Brazil, South America’s largest country, from Lima, Peru, for his official visit and to attend the Group of 20 (G20) Summit 2024, where Malaysia is a guest country.

Anwar arrives in Brazil for official visit, G20 summit 

Australia Prime Minister Anthony Albanese said his relationship with US President-elect Donald Trump has had a "very good beginning", elaborating on a phone call between the pair after the Republican's US election win.

Australia PM Albanese says relationship with Trump off to 'very good' start

Netflix said on Saturday that 60 million households worldwide had tuned in for the highly anticipated boxing match between Jake Paul and Mike Tyson, and the event peaked at 65 million streams, according to a statement.

Netflix says 60 mil households worldwide tuned in for Paul-Tyson match