Stocks

Bloomberg US equity futures climbed alongside stocks in Europe and Asia as investors pushed benchmarks to record highs before commentary from Federal Reserve chairman Jerome Powell. Oil rose and Treasuries slipped. Contracts on the three main American gauges pared earlier gains but remained in the green ahead of Powell’s testimony before Congress, where the Fed chair will likely give hints ...

Bloomberg India stocks rose, rebounding from two days of losses, as investors assessed the impact of the federal budget on demand while earnings season for companies enters its last leg. The S&P BSE Sensex advanced 0.6%, the most in nearly a week, to 41,216.14 in Mumbai. It had risen as much as 1.1% on Tuesday. The NSE Nifty 50 Index ...

Bloomberg Euphoria around Bitcoin’s break above $10,000 over the weekend appears to be short-lived. The largest cryptocurrency found resistance just above that level, reaching as high as $10,194 on Sunday before pulling back, according to data compiled by Bloomberg. It similarly struggled with that level in September when it crossed $10,000 — the month that followed saw it lose more ...

Bloomberg US equity futures fluctuated and stocks in Europe and Asia declined on Monday as investors struggled to gauge the economic hit from the spreading coronavirus while preparing for more corporate earnings. Treasuries and European bonds turned higher. Contracts on the three main American equity indexes swung between modest gains and losses. Travel and oil stocks helped pull the Stoxx ...

Bloomberg India stocks fell, tracking peers across Asia, as appetite for risk remained subdued in the region. The S&P BSE Sensex declined 0.4% to 40,979.62 in Mumbai, its lowest level since February 4, while the NSE Nifty 50 Index slipped 0.6%. Markets across Asia traded in the red as investors weighed the impact from coronavirus on economic activity. Of the ...

Bloomberg The coronavirus outbreak in Asia is starting to ripple through the cryptocurrency world in some unanticipated ways — the cancellation of conferences and even the shuttering of facilities that process transactions. From the informal MeetUps held during the initial days of Bitcoin to the extravaganzas at the height of the crypto bubble, gatherings have been a key for wooing ...

Bloomberg It may be time for equity investors to reassess their 5G investments in Asia as they look to win big from one of the market’s hottest themes. The coronavirus-driven stock sell-off presents an opportunity to shift into names that may have been overlooked in the recent run-up by technology stocks, said Kevin Chen, an analyst at China Merchants Securities ...

Bloomberg Bitcoin is back above $10,000. The largest cryptocurrency’s recent upward momentum carried it past that psychologically significant level on Sunday for the first time since October, according to Bitstamp pricing. It rose as much as 2.6% to $10,179, capping a gain of about 40% so far this year. Its breach of five figures comes amid an equities rally that’s ...

Bloomberg Stocks rallied globally and bonds slipped amid hopes for a breakthrough in fighting the coronavirus. Crude oil advanced with industrial metals. Futures on the three main American indexes all turned higher and the Stoxx Europe 600 Index rebounded after a string of reports on possible vaccines or treatments for the deadly pathogen. Contracts on the S&P 500 Index climbed ...

Bloomberg For Vietnamese stock investors, the return from the Lunar New Year break has been almost as bad as for their Chinese counterparts. Mounting concerns that trade disruptions caused by the coronavirus outbreak will have a deep impact on the Southeast Asian nation have pushed the benchmark VN Index down more than 6% since January 30. That’s the world’s worst ...