(For a Reuters live blog on U.S., UK and European stock markets, click or type LIVE/ in a news window.) * US weekly jobless claims data higher than expected * Arm Holdings down after tepid Q2 revenue forecast * Eli Lilly ( LLY ) up as weight-loss drug cut heart failure risk in trial * Moderna ( MRNA ) slumps...

(For a Reuters live blog on U.S., UK and European stock markets, click or type LIVE/ in a news window.) * US manufacturing gauge drops to eight-month low * Arm Holdings down after tepid Q2 revenue forecast * Eli Lilly ( LLY ) up as weight-loss drug cut heart failure risk in trial * Moderna ( MRNA ) slumps after...

JOHANNESBURG, Aug 1 (Reuters) - South Africa's rand firmed on Thursday as investors bet on a September interest rate cut in the world's biggest economy after dovish comments by the U.S. Federal Reserve on Wednesday. At 1540 GMT, the rand traded at 18.20 against the dollar , about 0.1% stronger than its previous close. The rand traded below the R18.20...

12:50 PM EDT, 08/01/2024 (MT Newswires) -- US equity indexes slumped with government bond yields as jobless claims hit the highest in a year while a manufacturing gauge surprisingly sank deeper into contractionary territory. The Nasdaq dropped 1.7% to 17,301.5, with the S&P 500 down 1.1% to 5,461.4 and the Dow Jones Industrial Average 1.2% lower at 40,335.8 after midday...