Seth Glickenhaus, a bond trader turned money manager whose studies of law and medicine failed to lure him away from Wall Street, his professional home for more than eight decades, has died.

Wall Street gained overnight, bolstered by better-than-expected results from JPMorgan Chase, while trade data from China fuelled commodities.

Wall Street gained overnight, after the US Federal Reserve flagged that there are fewer interest rate increases ahead this year than previously thought.

Equities on both sides of the Atlantic moved lower after trade data renewed concerns about China's economy.

US Treasuries and Wall Street fell after a report showed American employers added more jobs than expected last month.

The latest data on US manufacturing, construction spending and car sales bolstered optimism about the outlook.

The Dow Jones, Nasdaq and S&P 500 Index all gained overnight.

One of the world's biggest investment businesses plans to buy five big retirement villages.

Global stocks pushed into full-blown bear market territory, with the MSCI All-Country World Index falling 1.3 per cent overnight.

Wall St stocks and oil have slumped again amidst growing talk of recession risk for both the US and the world, writes Liam Dann.

Wall Street moved higher with oil prices and better-than-expected US corporate earnings including from Facebook.

Equities on both side of the Atlantic moved lower with the price of oil, while US Treasuries and gold rose.

New Zealand shares rose for the first time this year after a five-day slide.