Stocks

Bloomberg India’s benchmark equity index is on course for a record close after Democrat Joe Biden was declared the winner in the US election, ending uncertainty of a prolonged process in deciding a victor. The benchmark S&P BSE Sensex index climbed 1.5% to 42,512.19 as of 10:12 am in Mumbai, set to finish higher than the previous record in January. ...

Bloomberg Warren Buffett has gone from a stock-buyback skeptic to one of the world’s biggest repurchasers as his own firm becomes his favourite investment in the pandemic. The famed investor’s Berkshire Hathaway Inc. spent the third quarter buying back about $9 billion of its own stock, more than it had repurchased in any full year in its history. The buying ...

Bloomberg Hopes for a fat new package of government spending to plump the American economy looked to be a casualty of the election, with odds pointing to divided government. That left Jerome Powell the once and future king of markets, a regime stock investors are showing they can live with. To say bulls shook off disappointment over stimulus is an ...

Bloomberg S&P 500 futures fluctuated while Treasuries jumped amid concern that the US is heading for a contested election after President Donald Trump called for the Supreme Court to intervene. Contracts on the benchmark stock index swung from losses to gains. Futures on the tech-heavy Nasdaq 100 remained up more than 1.5% for most of the Asian and European day. ...

Bloomberg India stocks gained in volatile trading amid vote counting in the US elections. The S&P BSE Sensex rises 0.5% to 40,477.73 as of 2:03 pm in Mumbai, after climbing as much as 1% and dropping as much as 0.5%. The NSE Nifty 50 Index added 0.5% after swinging between gains and losses. “Our market is going to follow global ...

Bloomberg South Africa’s main stock benchmark swung between gains and losses as investors responded to the possibility that the US is heading for a contested election. The benchmark index was 0.9% higher as of 10:04 amin Johannesburg, after falling as much as 0.8%. An index of South African banks slid as much as 3.6% as the rand weakened against the ...

Bloomberg Stock markets climbed globally for a second day along with US futures hours before the American presidential election. Currency traders braced for increased volatility. Bank shares including BNP Paribas SA advanced after the French lender joined European peers in posting lower-than-expected bad-loan provisions from the pandemic. Equity markets in Beijing, Hong Kong, Australia and South Korea all surged more ...

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 ...