Stocks

Bloomberg Global stocks rise with US equity futures as investors focused on the prospect of additional fiscal stimulus and supportive Federal Reserve policy amid the worsening pandemic. The dollar dipped. Europe’s Stoxx 600 Index opened higher in a broad-based rally. Stocks outperformed in South Korea and Hong Kong. US futures pointed higher, with Nasdaq 100 contracts leading gains ahead of ...

Bloomberg Debt sales in India’s rupee corporate bond market are likely to slow significantly this year after reaching a record in 2020, according to a Bloomberg News survey of debt arrangers. Issuance will fall by 17% to about 7.55 trillion rupees this year, according to the median estimate of six of the nation’s top debt arrangers. Companies have less need ...

Bloomberg The high-yield bond market is wrapping up what’s likely to be the busiest January on record next week as investors continue to pour cash into risky assets as they hunt for higher returns. Sales stand just about $1.2 billion below the current January peak of $37 billion, which was set in the first month of 2020. Yields on CCC ...

Bloomberg Citadel Securities went from strength to strength in 2020, as the pandemic spurred wild swings across finance. To cap the tumult, Ken Griffin’s firm, one of the world’s biggest market makers, just posted record revenue — some of it from a rapidly constructed Florida trading floor. Fourth-quarter net trading revenue of $1.7 billion brought the firm’s full-year total to ...

Bloomberg European stocks tracked US equity futures higher on Wednesday, buoyed by earnings and hopes for more stimulus. The dollar extended its retreat. Nasdaq futures rallied and tech shares led gains in the Stoxx 600 Index following strong earnings from Netflix Inc. and chipmaker ASML Holding NV. S&P 500 contracts edged higher a day after US Treasury Secretary nominee Janet ...

Bloomberg Donald Trump’s presidency promised a more confrontational approach towards China. While he certainly achieved that, he also helped create a winner in Taiwan’s stock market. The Taiex benchmark surged 92% in US dollar terms since Trump’s inauguration on January 20, 2017, the best performance among 93 global gauges tracked by Bloomberg and far beating the MSCI All-Country World Index’s ...

Bloomberg India stocks rise, buoyed by prospects of earnings growth. The S&P BSE Sensex climbed 0.3% to 49,568.70 as of 10:01 am in Mumbai, while the NSE Nifty 50 Index advanced 0.4%. Both measures are set to gain for a second day. Foreign fund purchases have pushed India’s key equity gauges to successive new records this year, while all five ...

Bloomberg Hong Kong stocks closed at the highest level since May 2019 as mainland investors continue a record spending spree in the city. The benchmark Hang Seng Index rises 2.7% Tuesday, soaring past last year’s peak as stock turnover in the city rose to a record $38.9 billion. A rally since late December has been powered by Chinese investors, who ...

Bloomberg Global markets climbed ahead of a speech by Treasury Secretary nominee Janet Yellen in which she’s expected to call for expansive government action to bolster the US economy. The advance was broad across equities, with futures on the Russell 2000 Index of small-cap companies registering strong gains. Banks led the advance in Europe’s Stoxx 600 Index. Ten-year Treasury yields ...

Bloomberg A stronger US dollar is proving to be an early test for emerging-market currencies on the eve of Joe Biden’s inauguration. The greenback gained over the last two weeks, buoyed by the president-elect’s proposal for a $1.9 trillion stimulus package. Most developing-nation currencies have slumped in that span, and history suggests further pain may be in store. MSCI Inc.’s ...