Stocks

Bloomberg Indian stocks declined, with the benchmark headed for its lowest level in more than four months, after the health ministry reported new novel coronavirus cases. The S&P BSE Sensex dropped 1.6% to 37,996.89 in Mumbai on Wednesday after earlier swinging between gains and losses. The index rebounded on March 3, snapping the worst seven-day rout in almost five years ...

Bloomberg Just as stocks everywhere are being whipsawed by concern that the spreading coronavirus outbreak could bring global economic growth to a standstill, Hong Kong equities have shown relative stability. The Hang Seng Index hasn’t seen a move exceeding 3% in either direction in six months, while the S&P 500 Index has posted moves of that magnitude in four out ...

Bloomberg European stocks surged and US equity futures jumped as expectations grow that policy makers and governments will act to guard against the economic threat of the coronavirus. Treasuries were steady as the number of infections continued to grow. Futures on the S&P 500 Index had fluctuated at the start of the day after the underlying gauge climbed the most ...

Bloomberg As foreign investors exit Philippine equities at a record pace amid the sell-off brought on by the coronavirus, some domestic fund managers are scooping up blue-chip bargains. Local stock valuations have become too attractive to pass up, according to Helen Oleta, head of trading at Rizal Commercial Banking Corp, and Robert Ramos, chief investment officer at East West Banking ...

Bloomberg The worst stock rout since the global financial crisis showed signs of easing on Monday amid optimism that central banks will help cushion markets from the impact of the coronavirus. Crude oil rebounded. The Stoxx Europe 600 Index jumped, with 17 of 19 industry sectors in the green, and futures for all three main American indexes advanced in the ...

Bloomberg China’s biggest stock rally in months signals investors are counting on Beijing to loosen the purse strings after data showed a collapse in economic activity. Old-economy stocks led the charge on Monday, helping the CSI 300 Index close 3.3% higher for its biggest gain since May last year. A gauge of industrial shares rose 5.5%, the best day since ...

Bloomberg The first US coronavirus death. Signs the disease is squeezing China’s economy. A possible outbreak in Washington State. Trading may have stopped, but the drumbeat of alarming headlines hasn’t. That’s making investors anxious about what happens when markets reopen. While considerable bad news has already been priced in to stocks, with the S&P 500 down 13% in seven sessions ...

Bloomberg Last week was an expensive one for most investors, even for billionaires. The combined fortunes of the world’s 500 richest people fell by $444 billion as the coronavirus continued to spread — and spread fear — rattling equity markets worldwide. The Dow Jones Industrial Average tumbled more than 12%, the biggest five-day slide since the depths of the 2008 ...

Bloomberg Stocks dropped globally and US index futures fluctuated on Wednesday as investors fretted fresh evidence of the widening coronavirus outbreak. Gold advanced and Treasuries were steady. The Stoxx Europe 600 Index fell for a fifth straight session, suffering its longest losing streak since July, as companies including Diageo Plc and Danone SA warned the virus outbreak will hit their ...

Bloomberg Thailand confirmed three more novel coronavirus cases, taking the country’s total to 40, and said it will step up efforts to contain the disease. The stock market slumped the most since 2014. The new cases are in one family and include two people who returned from Hokkaido in Japan and are thought to have contracted the illness there, Permanent ...