Stocks

Bloomberg India’s rupee declined the most in two weeks, and stocks fell as investors were unimpressed by the government’s economic stimulus package. The rupee weakened as much as 0.5% in the third day of declines. The S&P BSE Sensex of stocks slid 2.8% at 2:50 pm in Mumbai, while the NSE Nifty 50 Index slipped by a similar magnitude. Both ...

Bloomberg Hemmed in by the world’s strictest stay-at-home measures, Raunaq Singh, owner of a clothes store in India’s capital of New Delhi, has begun to dabble in the nation’s equities. “I had been thinking about it in the past few months, but I had a busy schedule,” said the 27-year-old, who split 160,000 rupees ($2,117) between a couple of stocks ...

Bloomberg The main equity index in Saudi Arabia led gains in the Gulf after crude advanced for a third consecutive week as the kingdom and other main producers cut output while demand shows signs of recovery. The Tadawul All Share Index rose 1.3% as of 11:30 am in Riyadh, with petrochemicals maker Saudi Basic Industries and oil giant Saudi Aramco ...

Bloomberg As the world began to go into lockdown, the biggest money managers loaded up on quarantine stocks. Netflix Inc., Peloton Interactive Inc., Amazon.com Inc. and Zoom Video Communications Inc. were some of the most sought-after names in the first quarter, according to regulatory filings. George Soros, Stan Druckenmiller and Philippe Laffont were among the managers piling into such stocks. ...

Bloomberg US equity futures dropped ahead of the latest American jobless data and as President Donald Trump floated cutting ties between the world’s two biggest economies. Treasuries gained alongside the dollar. Contracts on the main US equity benchmarks extended declines after Trump said in a TV interview that he doesn’t want to talk to China’s President Xi Jinping “right now.” ...

Bloomberg India stocks fell, retreating from Wednesday’s biggest gain in almost two weeks, as investors mulled the detail of a government stimulus package aimed at spurring the economy. The S&P BSE Sensex dropped 1.3% to 31,593.08 as of 9:34 am in Mumbai, while the NSE Nifty 50 Index lost 1.2%. Almost half of the $265 billion rescue package — equivalent ...

Bloomberg Yale University’s publicly disclosed US stock portfolio surged in value last quarter as endowment added exchange-traded funds and technology shares during the coronavirus-fuelled market plunge. The endowment’s equities increased to $267.4 million as of the end of March from $62.8 million at the end of last year as Ivy League school greatly expanded its holding in the SPDR S&P ...

Bloomberg Caution hung over markets on Wednesday, with European stocks falling following a late drop on Wall Street, and US equity futures edging higher alongside Asian benchmarks. Treasuries climbed, while oil futures slipped. Declines in travel and auto shares pulled the Stoxx Europe 600 Index lower, as corporate earnings continued to underscore the devastating impact of the coronavirus pandemic. The ...

Bloomberg Stocks in Asia’s third-largest economy jumped the most in almost two weeks after Prime Minister Narendra Modi said his government will spend a total of 20 trillion rupees ($265 billion) to help India weather the fallout of coronavirus pandemic. The S&P BSE Sensex index gained 2.5% to 32,164.6 as of 11:13 am in Mumbai. The Nifty 50 rose 2.5%. ...

Bloomberg European stocks edged higher, US equity futures slipped and Asian shares dropped on Tuesday as investors weighed an up-tick in coronavirus infections in several nations and signs of fresh trade tension. Oil rose. The Stoxx 600 Index nudged upward after a downbeat start as gains for healthcare shares offset declines for the financial and energy sectors. S&P 500 futures ...