Tag Archives: Markets

(Bloomberg) — Global stocks fell with U.S. futures as investors dumped Chinese shares amid a regulatory overhaul in the country. Treasuries climbed. The Hang Seng Index slid 4.2% as speculation swirled that U.S. funds are offloading China and Hong Kong assets. While the losses were more muted in Europe and U.S. futures, the mood was pessimistic across markets. Tesla Inc. and General Electric Co. rose in premarket trading after their earnings beat forecasts. The rout in China is spooking… Source link

(Bloomberg) — Most Asian stocks rose early Monday after U.S. shares rallied to an all-time high on corporate earnings, though traders are also mulling China’s technology-sector crackdown and an upcoming Federal Reserve meeting. Japan jumped after reopening from a two-day holiday, Australia edged up and South Korea fluctuated. Futures slid in Hong Kong, where an index offering exposure to China’s internet giants is the world’s worst-performing major tech gauge. Beijing’s latest… Source link

Futures rallied in Thursday’s after-hours session, suggesting Wall Street would extend the previous day’s gains — and perhaps test new highs on Friday — after a rough start to the week. On Thursday, stocks notched slim gains in rangebound trading, but managed to stretch an improbable win streak into a third day, as traders struggled to decipher the meaning behind a surprise rise in unemployment. The head-spinning reversal from Monday’s drubbing to Thursday mini-rally was part of the… Source link

(Bloomberg) — Asian stocks and U.S. futures fell Monday on concerns about the impact of Covid-19 outbreaks and elevated inflation on economic prospects. Treasuries climbed and oil slipped after an OPEC+ supply deal. Shares fell across the region, with Japan and Hong Kong underperforming. China opened with more modest losses. S&P 500 and Nasdaq 100 futures dropped after the S&P 500 fell for the first week in four. The rally in Treasuries continued, sending 10-year yields further below… Source link

(Bloomberg) — Asian stocks started the week higher after their U.S. peers chalked fresh records and Treasury yields stabilized after jumping Friday. Shares in Japan outperformed and Hong Kong opened higher. China rose after the central bank cut the amount of cash most banks must hold in reserve to buttress a slowing economic expansion. Australia saw a more modest advance amid a prolonged lockdown in the largest city, Sydney. U.S. contracts fluctuated. The S&P 500 finished last week at… Source link

A string of corporate news also moved individual stocks in London. Photo: Dominic Lipinski/PA Images via Getty Images Stocks in Europe slumped into the red on Thursday as concerns around rising inflation resurfaced after signals from the US Federal Reserve. In London, the FTSE 100 (^FTSE) nosedived 1.9%, hovering just above the 7,000 point mark, while the CAC (^FCHI) was 2.2% down in France, and the DAX (^GDAXI) fell 1.6 % in Germany. “The FTSE 100 fell with miners and banks the principal… Source link

(Bloomberg) — U.S. stocks fell, snapping a streak of seven consecutive closing record highs, as a plunge in Treasury yields to the lowest since February weighed on banks and small caps. A gauge of the dollar strengthened and crude oil dropped from a six-year high. The benchmark S&P 500 was led lower by the energy and financial sectors, ending the rally of record closes that was the longest since 1997. Amazon.com pushed the Nasdaq 100 to another all-time high. Ride-hailing firm Didi Global… Source link

(Bloomberg) — European and U.S. equity futures slipped Monday and Asian stocks were steady as investors mulled the outlook for Federal Reserve stimulus support and OPEC+ tension over oil. Shares dipped in Japan and Hong Kong and fluctuated in China, where cybersecurity probes into ride-hailing giant Didi Global Inc. as well as some other online platforms highlighted Beijing’s push to curb the influence of the nation’s internet companies. Chinese technology firms fell in Hong Kong. The S&P… Source link

In its latest Monthly Oil Report, the IEA called on OPEC+ to increase production in order to counter higher demand in 2022. The agency claimed that, based on current global economic growth expectations, demand for crude oil and petroleum products will be reaching pre-COVID levels by 2022. The Paris-based energy watchdog, which has come under fire after its shocking Net-Zero by 2050 report called for no more investments in oil and gas, stated that “OPEC+ needs to open the taps to keep the… Source link

(Bloomberg) — U.S. equities rose and government bonds held around the lowest level since March as investors assessed data that showed consumer prices rose more than forecast last month. The S&P 500 was trading around its all-time high as all the main American equity indexes advanced. The tech-heavy Nasdaq 100 was headed toward its highest level since late April as megacap technology stocks rallied. The 10-year Treasury yield eased back below 1.5% following an initial surge in the wake of the… Source link