Bloomberg Stocks edged lower with US equity futures on Thursday as investors sought fresh catalysts for gains amid a rising numbers of coronavirus infections in some countries. Treasuries advanced. The Stoxx Europe 600 opened in the red, with travel shares and miners leading declines. Contracts on the main US equity benchmarks came off their lows earlier in the session to …
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India stocks gain as investors look beyond border tensions, virus
Bloomberg India stocks fluctuated as a surge in new coronavirus cases raised concerns over business recovery, while a border conflict with China’s military has raised tensions. The S&P BSE Sensex rose 0.1% at 33,568.89 as of 10:13 am in Mumbai, after initially falling as much as 0.4%. The NSE Nifty 50 Index climbed 0.2%. Rising Covid-19 infections in India and …
Read More »China’s most volatile shares to move 20% daily
Bloomberg China’s investors are bracing for a major shakeup in the nation’s stock market, which will affect everything from risk-control systems to margin financing, share pledging and exchange-traded funds. For the first time in decades, some shares listed in Shenzhen will be allowed to move as much as 20% either way in a single session. It’s double the cap that’s …
Read More »European stocks add to rally, shrug off infection concerns
Bloomberg Stocks pushed higher in Europe along with US equity futures as investors looked past a worrying increase in coronavirus cases to government and monetary stimulus. The dollar slipped. In the wake of Tuesday’s global rally, gains in real-estate and banking shares brought fresh momentum to the Stoxx Europe 600 Index. S&P 500 futures swung from modest declines to gains, …
Read More »Indian stocks swing as investors digest border clashes and infections
Bloomberg India stocks rose, overcoming early volatility as investors weighed the consequences of a border conflict with China’s military while coronavirus infections continued to rise as the South Asian nation reopens. The S&P BSE Sensex index rose 0.2% to 33,678.43 as of 12:51 pm in Mumbai, after swinging between gains and losses. The NSE Nifty 50 Index was up 0.2%. …
Read More »Global stock rally returns on fresh stimulus hopes
Bloomberg Stocks advanced alongside US equity futures as plans for more American stimulus revived investor sentiment. A gauge of European corporate debt risk fell the most in two months. Carnival Plc and EasyJet Plc rallied more than 7%, helping lead gains in the Stoxx Europe 600 Index. The dollar weakened against almost all of its major peers. The pound climbed …
Read More »Indian stocks pare gain, bonds decline
Bloomberg Indian equities pared gains, while the rupee and sovereign bonds declined, after a skirmish between the nation’s soldiers and Chinese troops in a border area reignited geopolitical risks. The benchmark S&P BSE Sensex index rose 1.1% as of 2:32 pm in Mumbai, after earlier climbing as much as 2.4% after the Indian army said three soldiers died in the …
Read More »Foreign investors return to Vietnam stocks amid virus
Bloomberg Global fund managers are starting to return to Vietnam’s stocks as the Southeast Asian nation emerges relatively little scathed from the coronavirus pandemic. Firms including Ashmore Group Plc and Coeli Asset Management SA have increased holdings in the $174 billion market since March, while foreign investors have been net buyers so far this month — a first since January …
Read More »European stocks decline to three-week low, dollar rises
Bloomberg European stocks sank to a three-week low and US futures slid as evidence of a second virus wave dashed hopes of a quick economic recovery. Treasuries and the dollar rose. The Stoxx Europe 600 Index pared some losses, but was still 1.4% lower. S&P 500 futures sank 2.2% and Treasuries rallied, pushing the 10-year yield to 0.67%. BP Plc …
Read More »India stocks drop as second-wave worries drag Asian markets
Bloomberg India stocks declined as the number of coronavirus cases continued to rise even as the economy gradually reopens for business. A second wave of infections in China was a drag on the sentiment in the region. The S&P BSE Sensex was set for its steepest drop in four weeks, falling 2.3% to 32,999.44 as of 12:30 pm in Mumbai. …
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