Tag Archives: Markets

Federal Reserve Chairman Jerome Powell has all but announced that the central bank will take the first steps in paring back its extraordinary monetary stimulus, hoping that markets will not sour in response. Commentary from Fed officials over the last few weeks have pointed to an announcement on Nov. 3 that the central bank will slow its quantitative easing program. For months, markets have been wondering when the Fed would “taper” the pace of its U.S. Treasuries and agency mortgage-backed… Source link

(Bloomberg) — Most Asian stocks rose Monday after the outcome of Japan’s election bolstered expectations for fiscal stimulus and as all-time highs for U.S. shares encouraged some investor optimism. The yen weakened. Most Read from Bloomberg Equities jumped more than 2% in Japan, where Prime Minister Fumio Kishida’s Liberal Democratic Party defied forecasts by preserving its outright majority. Stocks dipped in China amid data signaling economic weakness due to power shortages, surging… Source link

Severe supply chain disruptions forebode a “brutal winter” for markets, which could suffer from heightened uncertainty if Congress fails to raise the debt ceiling well ahead of a December deadline, Citigroup (C) CEO Jane Fraser told Yahoo Finance at its All Markets Summit on Monday.  She expressed optimism that the supply-demand imbalance could pass next year, but acknowledged that disruptions “could become more sustainable.”  “We’re probably in for a bit of a brutal winter, particularly in… Source link

Join us here for the Yahoo Finance All Markets Summit: The Path Forward on Monday, Oct. 25 from 9:00 a.m. – 5:00 p.m. ET. It will be an all-virtual event hosted live from the Nasdaq in New York’s Times Square and will connect Yahoo Finance’s audience with leaders and influencers in business, finance, cryptocurrencies, health care, public policy, social justice, philanthropy, climate change, and more.  Speakers will examine the new dynamics at work in an ever-changing and increasingly… Source link

(Bloomberg) — Most Asian stocks dipped Monday as traders weighed inflation risks, a Covid-19 outbreak in China and earnings prospects for major technology firms. Turkey’s lira slid to a record low amid a diplomatic spat. Most Read from Bloomberg Equities posted modest losses in Japan, Hong Kong and China, where the central bank boosted a daily liquidity injection. Investors are assessing a delta-variant virus outbreak in China that’s expected to worsen as well as economic challenges from… Source link

Economic challenges abound, and equities will rally. It’s a seemingly paradoxical view, but one espoused by one of the biggest players in the market. Scott Minerd thinks stocks have bottomed, and will rally from here. Minerd is chief investment officer at Guggenheim Partners, helping oversee the firm’s $255 billion in assets. He told Yahoo Finance Live that stocks can rise at least 10% from current levels going into next year. “There’s an old saying that markets climb a wall of worry…. Source link

(Bloomberg) — Most Asian stocks and U.S. futures slid Monday as surging energy prices cemented worries about inflation, sending bond yields higher. Most Read from Bloomberg MSCI Inc.’s gauge of Asia Pacific shares was on track for its first decline in four sessions as equities dropped in Japan, Hong Kong and China. U.S. contracts dipped after American stocks advanced on Friday, with the S&P 500 chalking its best week since July as earnings buoyed sentiment. Bond yields in New Zealand and… Source link

(Bloomberg) — Stocks and U.S. equity futures fell Tuesday, hurt by concerns about elevated inflation stoked by energy costs and the possibility of a widening regulatory crackdown in China. Most Read from Bloomberg MSCI Inc.’s Asia-Pacific index snapped a three-day climb, with the technology sector leading losses and China underperforming. Signs that Beijing is widening its scrutiny of private and state enterprises soured the broader mood. S&P 500, Nasdaq 100 and European futures retreated… Source link

(Bloomberg) — U.S. futures dropped with European stocks as the highest oil prices since 2014 stirred fears that a spreading energy crunch will derail the global pandemic recovery. Most Read from Bloomberg West Texas Intermediate crude rose past $80 a barrel and China’s coal futures reached a record as flooding shuttered mines. European equities were modestly lower, with declines led by travel companies. U.S. contracts also slipped, with those on the tech-heavy Nasdaq 100 underperforming the… Source link

(Bloomberg) — U.S. futures fell with stocks as surging energy prices stoked inflationary pressures ahead of a key U.S. employment report. Treasury yields extended an advance. Most Read from Bloomberg S&P 500 and Nasdaq 100 contracts declined, with tech giants such as Apple Inc. and Facebook Inc. down in premarket trading. European equities slid to a two-month low, with natural gas prices soaring even as the European Union pledged swift action to ensure the spiking costs don’t stifle the… Source link