Stocks

Bloomberg Asia excluding Japan stocks are set to outperform other emerging markets in the second half of 2020, supported by a weakening US dollar, improving economic data and monetary policy support, according to Credit Suisse Group AG. “If there is any region that stands to benefit from the beginning of the resumption of normal activities in the world economy, Asia …

Bloomberg A combination of fresh highs for tech stocks and still-elevated volatility may signal trouble ahead for the S&P 500 Index, according to BTIG LLC. The Nasdaq-100 reached a record on Tuesday, but its fellow American indexes S&P 500, Dow Jones Industrial Average and Russell 2000 have failed to hit their own new marks, chief equity and derivatives strategist Julian …

Bloomberg Stocks advanced in Europe along with US equity futures after manufacturing data from the euro area pointed to further signs of a recovery from the virus slump. Treasuries were steady and the dollar declined. Carmakers and banks led a broad advance in the Stoxx Europe 600 index as Purchasing Managers’ Indexes (PMIs) showed manufacturing in France unexpectedly returned to …

Bloomberg Indian stocks climbed, taking the benchmark index to its highest level in more than three months, after a report of a step back in a border dispute with China. The S&P BSE Sensex added 0.9% to 35,238.03 as of 2:01 pm in Mumbai, while the NSE Nifty 50 Index advanced by 1.1%. Both gauges are set for their biggest …

Bloomberg European stocks pared losses and US equity futures rallied as investors bet that the economic recovery will keep going, even as virus infection rates rise. Gold approached the highest since 2012, while Treasuries and the dollar were little changed. Retail stocks climbed, limiting losses in the Stoxx Europe 600 Index. Wirecard AG shares were in freefall again as the …

Bloomberg Indian stocks rose as they entered their final full week of trading for the quarter, as investors weighed the reopening of the economy against a rising number of novel coronavirus infections in rural areas. The S&P BSE Sensex added 0.9% to 35,038.49 as of 10:22 am in Mumbai, while the NSE Nifty 50 Index advanced 1%. While volatility may …

Bloomberg Investors should be more selective in the next six months as asset returns are likely to diverge because liquidity “cannot paper over specific weaknesses indefinitely,” according to JPMorgan Chase & Co. An “indiscriminate approach” to a portfolio would largely have worked in April and May, when most financial assets rallied — a typical result at a turning point in …

Bloomberg As social-distancing measures are relaxed across the US, Wall Street is searching in some unconventional places for clues about where interest-rate markets are headed. The rally in US Treasuries buckled to risk-on sentiment earlier this month on signs of progress in the reopening of businesses around the country and a turnaround in economic data. But interspersed with those announcements …

Bloomberg Sustainable investing is exploding in Canada as the coronavirus and an anti-racism movement highlight long-standing social inequalities. Net inflows into Canadian exchange-traded funds that track companies focusing on environmental, social and governance factors has surged to C$740 million ($544 million). That has already outstripped the C$200 million invested in 2018 and the C$142 million last year, excluding seed capital, …

Bloomberg The world’s largest wealth manager has a message for any clients tempted to follow day traders into some of equity market’s more exotic stocks in search of a fast buck: don’t even go there. With little-known companies from Fangdd Network Group Inc. to Nikola Corp. having seen their stock prices surge manyfold during recent market rally, UBS Global Wealth …