Stocks

Bloomberg Indian stocks advanced in a volatile session after the nation’s benchmark capped its steepest two-day slide in more than 11 years. Investors weighing an oil slump against economic risks fuelled by the coronavirus outbreak sent the S&P BSE Sensex Index up 0.2% to 35,697.4 at the close in Mumbai, reversing an earlier loss of as much as 1.1%. The ...

Bloomberg It doesn’t seem to matter anymore whether global stocks are rising or falling — investors just keep snapping up more gold. Holdings in gold-backed exchange-traded funds surged by 55 tons in the previous three days, accounting for almost a third of year-to-date inflows, according to a preliminary tally by Bloomberg. As a haven asset, demand for gold tends to ...

Bloomberg Stocks climbed globally along with US index futures on Tuesday, recovering some ground after the deepest equity rout since the great financial crisis. Bonds and haven currencies trimmed their exceptional gains from a day earlier and the dollar strengthened. The Stoxx Europe 600 Index jumped alongside contracts on the three main American gauges, though few benchmarks came close to ...

Bloomberg European stocks rebounded on Tuesday from their biggest selloff since 2008 on optimism about stimulus measures to counter the impact of the coronavirus. The Stoxx Europe 600 Index rose as much as 3.5%, tracking gains in US futures, after President Donald Trump said he will seek a payroll tax cut and “very substantial relief” for industries hit by the ...

Bloomberg The S&P/ASX 200 index erased an early loss and surged out of bear market territory amid hopes for government measures that will offset the economic impact of the spreading coronavirus. Australia’s benchmark index rose 3.1% to close at 5,939.6, its largest gain since November 2016, after having earlier declined as much as 3.9%. The market flirted with a bear ...

Bloomberg Oil prices crashed, equities plunged and Treasuries soared on Monday as the world headed for a full-blown price war in crude and panic appeared to grip financial markets. In a dramatic start to the week across assets: Futures on the S&P 500 Index fell about 5%, triggering trading curbs designed to limit the most dramatic moves while cash markets ...

Bloomberg Sovereign bonds in India rose to their highest in more than a decade and stocks fell the most since 2015 amid rising risks to the nation’s financial system along with a plunge in crude that led to panic sell-off of risk assets globally. The yield on the benchmark 10-year debt slid below 6% for the first time since 2009. ...

Bloomberg After a decade-long uphill battle against passive investing, active funds are getting a rare moment of respite, courtesy of the worst equity sell-off since 2018. About 60% of large-cap mutual funds beat their benchmarks as the S&P 500 tumbled into a correction in February, the best hit rate in two years, according to data compiled by Bank of America ...

Bloomberg A second hit could be coming for China’s economy after its initial shock from the coronavirus, said Joe Davis, chief economist at fund giant Vanguard Group. While China has seen new cases of the virus slow, its spread is intensifying in the US and Europe. Should that trend keep hammering the economies of both regions, it could knock a ...

Bloomberg American stock-index futures rose with European equities as investors took in surprises from the US presidential primary along with market reactions to the Federal Reserve’s emergency interest-rate cut. Treasuries higher continued their rally, while the dollar steadied. Contracts on the S&P 500 rebounded from a tumble on Tuesday, when the 50 basis-point Fed move failed to ease concerns about ...