Stocks

Bloomberg Sell in May and go away? The negative start to the month raises concern that the partial recovery in April is going to be about as good as it gets for risk assets. For all the optimism stemming from the gradual easing of lockdown measures in some of the biggest economies, there are too many worries on the minds …

Bloomberg Once again, when stocks rally, it’s Europe that’s left behind. With the S&P 500 about 30% above its March lows, the Stoxx 600 index has lagged behind with a 21% bounce, despite having fallen more than the US in the global selloff sparked by the coronavirus pandemic. The reason? For starters, there’s the market’s makeup: Europe has a large …

Bloomberg Behind the big recovery in stocks has been a loose consortium of new and old buyers, each responding to a distinct storyline. Traders banking on the Federal Reserve, market novices bent on picking the bottom, and people convinced megacap tech is invincible. Whether they will be enough to sustain a lasting rally is the next urgent question for bulls, …

Bloomberg European stocks fluctuated, Asian shares rose and US futures edged higher on Thursday as investors weighed corporate results and signs of progress in treating the coronavirus alongside miserable economic data. Oil futures continued to rebound after an early-week tumble. The Stoxx Europe 600 Index swung from a gain to a loss in early trading. Societe Generale SA slumped after …

Bloomberg India stocks rose, heading for their first monthly gain this year, with the world’s biggest lockdown scheduled to end on Sunday. Equities across Asia gained on Thursday amid signs of progress in treating the coronavirus. The S&P BSE Sensex climbed 2.8% to 33,605.99, while the NSE Nifty 50 Index added 2.7%. Both gauges have rebounded by more than 20% …

Bloomberg European stocks fluctuated while Asian shares gained with US equity futures as investors countdown to more big earnings, a Federal Reserve policy decision and American economic data. The dollar fell for a third day and oil advanced. Declines for healthcare and travel shares offset gains for oil companies and banks in the Stoxx Europe 600 Index. Barclays Plc jumped …

Bloomberg Indian stocks rose for a third day, sovereign bonds and the rupee also advanced as investors monitored discussions around plans to restart business activities ahead of a scheduled ending of a lockdown in the world’s second-most populous country on Sunday. The S&P BSE Sensex climbed 0.9% to 32,386.64 as of 9:43 am in Mumbai, while the NSE Nifty 50 …

Bloomberg European and Asian stocks edged higher with US equity futures on Tuesday as the earnings season gathered pace and governments contemplated reopening their economies. Crude oil extended sharp losses after plunging on Monday. The Stoxx Europe 600 Index nudged higher at the open. Banking giant HSBC Holdings Plc slipped after it cautioned that bad loan charges may climb to …

Bloomberg Australian shares may revisit the seven-year low reached last month as oil volatility and worries over the financial impact of the coronavirus dampened a recent rally. The S&P/ASX 200 index has reclaimed about 17% from the trough on March 23, having faltered last week after entering a technical bull market earlier this month. With the Reserve Bank of Australia …

Bloomberg Stocks jumped in Europe and Asia and US equity futures advanced as major economies edged toward reopening, the Bank of Japan boosted stimulus measures and corporate results rolled in. The dollar weakened and oil slumped. The Stoxx Europe 600 Index opened solidly higher amid a number of positive catalysts and after the gauge missed out on a late Wall …