Stocks

Bloomberg Stocks clung to gains globally along with US equity futures on Wednesday while investors examined government rescue packages to counter the hit from the coronavirus, after one of the best days on Wall Street in a generation. Futures on the three main American equity indexes fluctuated before turning higher in the wake of March 25’s historic surge, after the ...

Bloomberg Investment chiefs at two Indian life insurance companies are keeping money in stocks despite selling by overseas funds that has put the nation’s benchmark index on course for a record monthly decline. The S&P BSE Sensex has plunged 30% so far in March as the coronavirus-led wave of risk aversion has prompted foreign investors to dump local stocks at ...

Bloomberg It is fair to say that short sellers have won this round. These investors, who typically bet on the price of an equity or asset going down, have made a killing amid the broader selloff that has roiled US financial markets for the past month. The time has now come to protect those profits before stocks start potentially rebounding. ...

Bloomberg US index futures and European stocks rallied alongside Asian shares on Tuesday as investors rediscovered some appetite for risk after global equities hit their lowest level since 2016. The dollar slumped following a 10-day winning streak, and Treasuries slipped. Contracts on the S&P 500, Nasdaq 100 and Dow Jones Industrial Average all jumped more than 5% to hit their ...

Bloomberg Indian stocks rebounded in a volatile session, following a record fall on March 23 triggered by a nationwide lockdown. The S&P BSE Sensex Index closed up 2.7% at 26,674.03, after advancing as much as 5.7%, with the NSE Nifty 50 Index rising 2.5% for the day. Finance minister Nirmala Sitharaman’s speech in the last hour of trading failed to ...

Bloomberg Stocks dropped globally along with American futures while credit markets sagged after the coronavirus death toll surged and US Congress failed to agree on a $2 trillion stimulus plan. Government bonds rose. S&P 500 and Nasdaq 100 futures dropped to their daily limits in early trading before trimming those declines as the session progressed. The Stoxx Europe 600 slumped, ...

Bloomberg Indian assets suffered a rough start to the week as stocks posted their worst-ever day on record as trading resumed after a system-wide halt, and the rupee hit a new low following a lockdown in much of Asia’s third-biggest economy. The S&P BSE Sensex and the NSE Nifty 50 indexes crashed 13% each at the close in Mumbai, just ...

Bloomberg First they lost money. Now hedge funds want clients to risk even more cash on the bets that caused the pain. LMR Partners, Citadel, Baupost Group and Capital Four Management are trying to persuade clients to inject money into their funds after taking a hit in the coronavirus-fuelled market turmoil. Capula Investment Management has had talks with some investors ...

Bloomberg Taiwan’s timing on rolling out a new stock trading system could have been better. Traders in Taipei starting on Monday will be able to trade stocks continuously, rather than through a five-second matched call auction that has been in place since 2014. It’s the only major capital market which runs such auctions throughout regular trading, said the Taiwan Stock ...

Bloomberg US equity futures declined along with European stocks on Wednesday, retracing moves from a day earlier while bonds slumped as traders weigh the impact of fiscal and monetary stimulus to counter the effect of the coronavirus. Oil dropped to a 17-year low. Contracts for the S&P 500 once again hit their lower trading curbs after the gauge jumped 6% ...