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U.S. markets news

Stocks, pound fall again due to UK vote uncertainty
People stand in front of an electronic stock board of a securities firm in Tokyo, Monday, June 27, 2016. Japanese and Chinese stocks rose Monday but other Asian markets declined, crude prices fell further and U.S.
Asia stocks join rally, uncertainty keeps bonds bid  TODAYonline
Asia Minute: “Brexit” Brings a Mixed Picture to Asian Economies and Markets  Hawaii Public Radio-HPR2 (blog)  
Airbnb sues San Francisco over law it helped fashion
The company is fighting a decision by the San Francisco Board of Supervisors to fine Airbnb $1,000 a day for every unregistered host who used the service.
Airbnb Sues Its Hometown, San Francisco  Courthouse News Service
Airbnb Seeks To Block New San Francisco Law  MediaPost Communications
Economy|First-Quarter GDP Revised Up to 1.1%, but Still Shows Slowdown
Shoppers in Queens, N.Y. Retail sales and home sales rose in April and May, two hopeful signs for the economy. Credit Mark Kauzlarich/Bloomberg.
US first-quarter GDP revised up, Brexit risk to outlook  Reuters
US GDP Growth in First Quarter Revised Up to 1.1% Rate  Wall Street Journal
US home prices climb in April; 7 cities set new records
This Tuesday, May 24, 2016, photo shows a home for sale in Andover, Mass. On Tuesday, June 28, 2016, the Standard & Poor's/Case-Shiller 20-city home price index for April is released.
Home prices climbing throughout nation  Press Herald
Home Prices Setting New Highs In More Cities, Says S&P/Case-Shiller  Forbes
Ikea recalls 29 million chests and dressers after 6 children die
NEW YORK - In a deal with federal regulators, Ikea announced Tuesday that it would recall 29 million chests and dressers after at least six toddlers were crushed to death in tip-over accidents.
Saying goodbye to the woman who changed sports forever  USA TODAY
IKEA Recalls 29 Million Dressers And Chests After 6 Toddler Deaths  Forbes
Why Xencor Inc's Shares Are Skyrocketing Today
What: Shares of Xencor (NASDAQ:XNCR), a clinical-stage biopharmaceutical focused primarily on autoimmune diseases and cancer, are up more than 35% as of 3:20 p.m.
Xencor signs cancer-drug deal with Novartis; its stock surges 32%  Los Angeles Times
Xencor Announces Strategic Collaboration for Bispecific Programs, including ...  PR Newswire (press release)
Wall Street bounces back after two-day Brexit rout
Wall Street bounced back on Tuesday, recouping some recent losses, as investors sought cheap assets after a two-day equities rout sparked by Britain's decision to leave the European Union.
US stocks bounce back from Brexit selloff  MarketWatch
Brexit Hits S&P 500 Pain Threshold Though Wounds Seen Survivable  Bloomberg
Moody's Puts UK Banking System on Negative Outlook
Moody's Investor Service on Tuesday lowered its outlook on the U.K.'s banking system to negative and cut its outlook on certain individual institutions, moves that follow its downgraded view of the country's credit rating after U.K.
UPDATE 1-Moody's cuts outlook on UK banking system, 12 banks after Brexit  Reuters
Barclays, HSBC Have Outlook Cut by Moody's After Brexit Vote  Bloomberg
Pinterest camera feature links snaps to pins
SAN FRANCISCO—Pinterest unveiled a new feature Tuesday that allows users of the visual scrapbooking service to take a photo of an object and find the object, or similar objects, within the app - for what Pinterest President Tim Kendall calls those ...
Pinterest Encourages Shopping Frenzy With New AI Features  PC Magazine
See something, buy something: New Pinterest feature aims to link your photos ...  Los Angeles Times
Nike sales, forecast disappoint as Adidas gains ground
Nike Inc's (NKE.N) quarterly revenue growth and its forecast for future orders missed analysts' estimates, underscoring the sportswear maker's struggle to fend off competition from Adidas and others, especially in its home turf of North America.
Nike struggles in North America as rivals score  MarketWatch
Nike Misses Q4 Sales Estimates, Global Futures Up 11 Percent  Footwear News