Stocks

Bloomberg European stocks and US equity futures were little changed after China said it would sanction American officials in retaliation over Hong Kong. Stocks pulled back from earlier gains, but losses in the Stoxx Europe 600 Index were limited by rallies in Spanish bank shares. Oil advanced after Saudi Aramco said demand will continue to improve. Treasuries and the dollar ...

Bloomberg Tencent Holdings Ltd. added to Friday’s sharp decline to start the week, putting the stock’s two-day loss of market value at $66 billion following America’s move to ban residents from doing business with the company’s WeChat app. The stock falls 4.8% on Monday and nearly reached Friday’s low. The cumulative 9.6% drop, the worst two days since October 2011, ...

Bloomberg Equity mutual funds in India suffered their first monthly outflow in more than four years as retail investors cashed out to tide over the pandemic-related cash crunch even as stocks continued their ascent. Stock plans lost a net 24.8 billion rupees ($331 million) in July, compared with an inflow of 2.41 billion rupees in June, according to data from ...

Bloomberg Rising real yields are throwing cold water on the rally their historic plunge stoked. Real interest rates — which strip out the effects of inflation — rose by the most in a month Friday after a stronger-than-forecast July jobs report. The lurch higher from record-low negative levels helped send technology shares and gold lower, while the Bloomberg Dollar Spot ...

Bloomberg After an epic rally from its pandemic low, Canada’s equity market may be losing some steam. The S&P/TSX Composite Index has made a remarkable comeback since March. It still needs to rise another 519 points, or 3.1%, to break even for the year. The index has been carried by big gains in gold and technology: Only 41% of its ...

Bloomberg European stocks climbed to a one-week high and US futures rose as investors focused on US-China trade discussions and American lawmakers making progress on an economic aid package. The Stoxx Europe 600 Index posted broad-based gains, with travel companies, commodity producers and retailers leading the charge. Bank of Ireland Group Plc rallied as the lender’s chief executive officer suggested ...

Bloomberg For investors riding a rally in India’s wireless carriers, the best returns are coming from an operator that’s warned it may collapse without help from the government. Although Vodafone Idea Ltd. hasn’t made a profit since 2017 and ended last fiscal year with a record $10 billion loss, its shares have more than doubled in the past three months. ...

Bloomberg Bank of Ireland Group Plc shares rose the most in almost two months, as the lender’s CEO suggested the economy is proving more resilient than expected in face of coronavirus. The company’s shares rose as much as 11% in Dublin to 2.04 euros, the highest level since June 8, giving Ireland’s biggest lender a market value of 2.2 billion ...

Bloomberg Stocks edged down in Europe alongside US index futures while bonds turned higher as investors waited for word on whether fresh fiscal stimulus will get approvals in the world’s largest economy. Declines in health-care and food shares pulled the Stoxx Europe 600 Index lower after it briefly opened higher on the heels of a tech-fuelled rally on Wall Street ...

Bloomberg Hong Kong stocks saw a sudden spike in afternoon trading on Tuesday, with property shares leading the advance. The Hang Seng Index rose 2% at the close as inflows from across the border continued for a seventh day. Before the advance, the gauge had fallen for three straight sessions. A measure of property stocks listed in the city increased ...