Stocks

Bloomberg Hedging exposure to the S&P 500 index via options is going to remain costly yet vital next year due to the pandemic and relative lack of protection from traditional havens, Tallbacken Capital Advisors LLC said. “Vaccine volatility” is likely because of the winding paths ahead to the eventual introduction of an inoculation or other therapies, according to Tallbacken CEO …

Bloomberg India stocks tracked Asian peers higher ahead of the US election. The S&P BSE Sensex climbed 0.8% to 40,067.14 as of 10:04 am in Mumbai, while the NSE Nifty 50 Index advanced by the same magnitude. Swings in stock prices are set to ease for the first day in five after a measure of volatility touched its highest level …

Bloomberg US futures climbed along with most European stocks in a volatile start to a crucial week spanning the US election and a Federal Reserve policy meeting. The picture was mixed across global markets with crude prices and commodity currencies weakening on concern that tougher lockdowns will dent economic growth. In European equities, companies that benefit from people staying at …

Bloomberg India stocks swung between gains and losses as investors braced for the impact of the upcoming US Presidential election on global markets. The S&P BSE Sensex declined 0.6% to 39,396.84 as of 10:12 am in Mumbai, after gaining as much as 0.7% earlier, while the NSE Nifty 50 Index slipped by a similar magnitude. Both gauges last week capped …

Bloomberg Ant Group Co.’s highly-anticipated initial public offering in Shanghai is set to intensify rivalry between the bourse and its competitor Shenzhen, as both aim for the top spot in China’s $9.9 trillion equity market. The megacities house two of the world’s largest 10 stock-exchange operators, and have for decades jostled to become the go-to destination for firms wanting to …

Bloomberg A slowing pace of virus infections and optimism over China’s economic recovery is burnishing the appeal of Asian stocks for some money managers as volatility in global markets jumps ahead of next week’s US vote. GAM Investment Management, Robeco Hong Kong Ltd. and Nordea Investment Funds SA see regional shares extending October’s gains, regardless of who wins the election. …

Bloomberg European stocks dropped to a five-month low and US equity futures slumped as rising coronavirus infections and tougher lockdowns added to worries about the economic hit from pandemic. The Stoxx Europe 600 Index sinks 2.5% after German Chancellor Angela Merkel proposed closing bars and restaurants for a month to curb the spread of the virus. The selloff across Europe …

Bloomberg South Africa’s main stock index dropped as much as 0.8% to the lowest since September 28 as major mining companies led the declines, with investors globally concerned about the impact of the worsening pandemic on economic activity and as jitters over next week’s US presidential election rise. Locally, traders are awaiting Finance Minister Tito Mboweni’s medium-term budget statement. The …

Bloomberg US equities were mixed as investors weighed corporate earnings and news of Advanced Micro Devices Inc.’s $35 billion takeover of another chipmaker with concerns about growing virus infections. The dollar slipped. Technology shares were among the best performers after AMD said it would buy Xilinx Inc. Energy shares and financial companies dragged on the major indexes. The S&P 500 …

Bloomberg Ghana is missing out on a rally of African bonds as investors fret about an expansion in spending and borrowing ahead of elections in December. The elevated borrowing to cover the spending shortfall has seen the country’s three-year and longer-dated local bond yields rise on the secondary market even as those of its peers on the continent are falling. …