Stocks

Bloomberg The end-of-month rebound in global equities faded as investors assessed a scaled-back fiscal stimulus proposal in the US against the rising toll of the coronavirus pandemic. European share declines were led by banks and other cyclical stocks. The pound added to gains amid speculation that successful Brexit trade talks could help shield Britain from a messy rupture with the ...

Bloomberg A meteoric rally in an Australian penny stock is fast unravelling after confounding not just market watchers but also the company’s CEO. BrainChip Holdings Ltd., an artificial intelligence-focused startup whose flagship product is yet to be made widely available for commercial use, saw its 2020 gains propel to 1,500% earlier this month. While concerns about overheating have seen the ...

Bloomberg India’s benchmark equity index swung between gains and losses as banks and telecom stocks offset the boost provided by software exporters. The S&P BSE sensex was little changed at 37,976.18 after swinging between gains of as much as 0.7% and a decline of 0.3%, as of 10:56 am in Mumbai. The NSE Nifty 50 Index was also steady. The ...

Bloomberg Indian bond traders’ worst fears may be realised this week if Prime Minister Narendra Modi’s government announces a further increase to its mammoth borrowing plan. Traders expect the government to lift its borrowing estimate for the October-March period to six trillion rupees ($81.5 billion) from the existing 5 trillion rupees, according to 10 out of 16 traders in a ...

Bloomberg European stocks rallied the most in two weeks, led by bank shares, on optimism that the recent selloff is overdone. The pound strengthened on hopes that UK and European Union officials will be able to make progress as a key week of Brexit talks begins. Asian equities and US futures gained, while oil dropped below $40 a barrel in ...

Bloomberg Canada’s stock market is on pace for its first monthly loss since the coronavirus pandemic rocked global markets in March, signalling investors should brace for a wild ride ahead. The problem today, as it was in the spring, is the spread of Covid-19. Virus cases are rising rapidly in parts of the world that seemed to have the problem ...

Bloomberg Day traders claiming bragging rights for this year’s $9 trillion US equity rebound can find some supporting evidence in the latest research. Even as retail trading has grown to represent 20% of daily volume, Wall Street has struggled to figure out how much this modest-sized contingent actually influences prices. After all, the market is teeming with algorithmic funds, long-only ...

Bloomberg European stocks bounded higher with US futures as equity markets built upward momentum after the September selloff cut valuations. The dollar extended its rebound. The Stoxx Europe 600 rises the most in two weeks on gains in airline, media and auto shares. Contracts on the blue-chip Dow Jones Industrial Average outperformed those on the Nasdaq 100 as investors turned ...

Bloomberg Indian stocks fall, with the benchmark gauge set for its longest string of losses in six months. The S&P BSE Sensex dropped 0.3% to 37,611.34 as of 1:36 pm in Mumbai, erasing an earlier gain of as much as 1%. The NSE Nifty 50 Index lost 0.5% as both measures headed for a fifth day of declines. A measure ...

Bloomberg European stocks rebounded and US equity futures stabilised following Monday’s declines as tech shares once again led gains. The dollar extended its biggest daily advance in three months. Technology and auto shares including ASM International NV and United Internet AG led increases across European markets. Contracts on the S&P 500 and Nasdaq 100 indexes traded little changed following the ...